1935-11-27 — Page 8

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF BANKING CORPORATION INDIA, AUSTRATIA & CHINA.

Authorised Capital-

$50,000,000 Incorporated by Royal Charter, 1858-

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

Reserve Funds: ---

Spare

Suver

HEAD OFFICE: LONDON

6,500,000

Paid-up Capital

$10,000,000

Reserve FundTM

$20,000,000

Reserve Liability of Pro-

prietors

Alor Star

Reserve Liability of Pro-

prietors

HULAN OFFICE: HONG KONG.

BOARD OF DIRECTORS.

I Datwell, Esq.

CC. Inga Teg

Deputy CarZZZ.

Hot. Mr. W. E. Bell

Amritsar

LES,000,00

$3,080,000

Agencies and Branches:

Bangkok -- BAASTA Bombar Cuanta

Cawnpore

Ipod Kanchi

Rangoon Saigon

Sercoba Shangh Singapore Biswa

THE CHINA HAI

and

Commerc

Finance

LOCAL DOLLAR

STEADY

Silver Prices Firm

The local dollar is steady, open- ing on demand this morning at

1/5d. (nominal).

m

Hon Mr. J. J. Paterson Coba

A.E. Compton Esq., T. E. Pearce Eag Colomb

Daiki

ME. Johnson Esq., JA. Phammer Esq. iphone G. Miskin Esq., A. L. Shields Esq

WRORE

THRE

IUTLOOK

WM Greybura. Eng

Chied Sinanger.

BRANCHES.--

KUALA LUMPUR

LONDON

LYONS

MALACCA

MANILA

MAB Wohern)

XUIDEX

IEW TOKE

PELPING

PENANG

BANGOON

SAIGON

SAN FRANCIS.co

SHANGHAI

SUNGHI PATANT TIENTSIN

SINGATORE

BOTHABASA

TSINGTAO

Current Avante opened in Lacsi Currency and Feed Deposite received for on YOUZ OK" shorter-perioda in Local Currency and Sterling

an Socola which will du quoud on appliesman. 1750 up to date SAFE DEPOST BOXES

verzoes TO LET

Hong Kong Let Sprember, 2015.

HONG KONG SAVINGS BANK

The Bodson of the shore Bank in cundaes- ad by the HONG KONG AND SHANGRAI BANKING CORPORATION,

Bains may be ehmined an application

KONG AND SEANGRAI FOR THE BANKING CORPORATION.

Y. M. GRAYBERX,

Hong Kong, th February, 2

Chief Manage.

Hambory Hackow Harbin

Hot Tops.

Koala

Leyen pour Fucking Medra Manis

New York Priping

(Paking Pronag

- Surabaya

Taiping Tent Tengah

[Khabar)

Tango

Zamboanga

Silver prices were also steady st "spot" -29 3/16 and "forwRID" 2834

The London on New York cross- rate was quoted at US$493

as compared with £-US$4.93 1⁄2.

Foreign Exchange and Genera; Banking businem) while the New York on London

transected.

Current Accounts opened anal Zized Deposits crose-rate was quoted at £US suosivad for one year or shorter preinds sa SASKA, as compared with £—U.Ş. | Fwhich wil de gnosed on application...

A. BRKARLEY,

Manager. Hong Kong. 1st January, 1935.

THE

BRITISH FINANCIAL

RETURNS

AMERICAN EXPRESS COMPANY, Notable Increase In

INC.

Head Office:-65, Broadway,

Capital

Surplus.

Beserves

Antwerp

New York.

US $6,000,000.00

2,183,533.06 870,731.05

BRANCHES:--

Sapins

Amsterdam

Athena Jawata

Gepos Glasgow The Hague

Nice

H

Bal

Hamburg Have

Peiping

Bassion Braman

Berseria Cairo

Heidelberg Interlaken Jercusion Landow

Livatyou!

Calentia Cannes Colombo Copenhagen Dublin Edinburgh

THE BANK OF EAST ASIA, LTD. w

Luthend Capital

Pudup Capital

$20,000,000.00

$ 5,508,600.

Genera

Lagano

Peterpa Botterdams Bazz Shanghai

Southampton

Singapor

Lazer Marseller Monte Cacia

Manila.

Lace Casa

Venice Yokohama Zurich

Manich

Xontraen

ers and Codivaded Profita rā 2,180,000. Company in Principal cities of United

HEAD OFFICE --HONG KONG.

X Das Tenix Bood, Camel.

.A

WOARD OF DIRECTORS:-

Sie Show-on Chow, Chairmati

Looe Chan, Lagu P. K. Kwok, Esq. Wong Yun Tong, Eng- Cian Ching Shak, Eng. Li Zan

Bong Bay Wong Can Son, Eng and has

Zv. Eng-

Las Tung Ps, Esq, Chief Kacangur. La Fong, Esq., Manager.

HOLANGIONS AND AGENCE “

Sourways

Seattle

Melbourne

Bhangbai

Chimvan Custom Euphong

Few Xock

Singapore

Pacis

Pmploy

Sydney,

Mamabula Tobe

Phang

Rangoon

Saigon

San Francisco

Xavicom * Landos

Trcatala

Vancouver

Branches of American Express

States of America, and Canada.

All classes of Commercial Banking Transactions undertaken.

Revenue

iteres,

as com

London. To-day Exchequer returns show that' the total ordinary revenue, ex- cluding self-balancing. amounts to 5384,629,831, pared with 4366,816,031 at the car responding date of last year.

The total ordinary expenditure, exclusive of self-balancing items against as 5458,346,564 is |£439,052,342 at the corresponding date of 1934-British Wireless Service.

LOCAL SHARES

TO-DAT'S QUOTATIONS

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

Banks

HK Bank $1,350 $, $1,550/55 HF. Bank (London)

Chartered Bank £18's n Marcantile Bank A. and

$2872 1 Mercantile Bank C. 413-4. Bank of East Asia $70 n.

Insurances

1935

FINANCES IN KANSU

Shortage Of Legal

Tender Notes

POSITION IMPROVING

Nanking, To-day.

With the exception of the

the

NEW YORK STOCK

MARKET

General Tendency

Downward

PENDING HOLIDAY TEMPTS

NEW ADVERTISEMENTS

SOCIETY OF ST. GEDRE: ĐONG FONG

NOTICE TO MEMBERS.

TRADERS TO TAKE PROFITS A Committee of

2,530,000 shares.

Wheat: The

market

Ta meeting of the General- the above

Will members please note this date.

LINSTEAD & DAVIS,

Secretaries & Treasurers.

CHRISTIAN SCIENCE

THANKSGIVING SERVICE

Messrs. White Weld and Com-Society held on the 95th instant, Ball on FRIDAY SIĘ Januzyz, shortage of legal tender notes in Pazy, New York Correspondents it was decided to hold the Annual the Kansu financial market For Mesars. S. £ Lavy and Cam- 1936 after the announcement of the pay, report

Stocks:--The market today WES, nationalisation of silver by the Central Government the cur again subjected to profit-taking. 101nrency reforms were being suc- with the general tendency down. cessfully carried out in that ward. Industrial securities were B. Province, it is learned from Mr. severely tested and the average Cha Ching-chon, Commissioner registered a decline of 2:13. The of Finance of Kansu Govern approaching holiday has also in ment, who is now in Nanking duced some traders to take their The intermediate trend reporting to the Central an-prots thorities on the financial condi-is still not clear. Business done: Fast Church of Christ, Scientist, tions of Kansu.

Đồng Long. Accordnig to Mr. Chu, when

financial decree of the slightly reactionary and lacked Announces that a Thanksgiving Ministry of Finance became buying power. We still favour service will be held in the- known in Kansu, there was sales on small upturns for Church edifice, Macdonnell Road some confusion in the market instatement at lower levels. Total (Year Peak Tramway). The people

somewhat sales: 30,469,000 bushels: Com:THURSDAY, Nov. 28th., at 6 P.M..... panic-stricken, while commodity 4,278,000 bushels.

The Public is cordially invited. Cotton: The situation in prices also rose.

to attend. But through the efforts of France has caused some foreign the Kansu Finance Department selling." The Trade favours the and the Lanchow Branch of the buying of May and the selling of Central Bank, the market con- October cotton on expectation of ditions in that province were an extremely tight "spot" situa- soon restored to normalcy. tion. We would recommend par-i

As a matter of fact, Mr. Chu chases of recessions. said that the Kansu market Flash: Johns Manville was suffering

extreme poration has declared a dividend shortage of legal tender notes of 50 cents per share Įsince the emergency- mERSITES

had come into effect.

Canton Ins. $250 8. Union Ins. $55774 1. China Underwriters $1.10 = China Fire Ins. $400 n. HK Fire Ins. $245'. International Assce. $ë n.

Shipping

Douglases $36 1. ELK. Steamboats $4 2. Indo-Chinas (Pref.), $30 mi Indo-Chinas (Def.) $11 m Shell Bear) $1/3 n. Gion Waterbosts $1124 n.

Mining Antamoks $1.10 s.. $1.00/1.10 Balatoès $17 m Baguio Gold 22 ets. 1 Benguet Consolidated $131⁄2 1. Benguet Exploration 11 s. 2. Big Wedge 8 cts. n. Gold Creek 30 cts. n. Gold River 51⁄2 cts. Ipo Mining 90 cts. a. Itogons $61⁄2 cts. Salacots 15 còs. 11.

RAW RUBBER PRICES Kalan Mining Ad. 11/6 m.

Latest Quotations From

Singapore

Messrs. H. B. Joseph & Co., received the following. bare Personal investment accounts hand Straits Currency quotations from

Singapore for Baw Rubber.

Spot 21 3. Unchanged 21

/3

inled..

Ivery description of Banking sod Exchange Bu serected. Losas granted on approvć

Sacoches.

Vozess Accorde opersed in Lo Cancy aud. Fixed Depoise reaved for one spotuer periods in Lood and Foreign Carcacion on terms which will be quoted an application.

Sale Deponit Boss 10 Let

XAN TONG PO,

Chief ManageT-

The Company offers to intendingi Travellers 12m use of its datorvosleni Cheques and Letters of Credit and in addition, the world-wide services. of its thoroughly equipped Travel Department.

E. W. DUGGAN,

Manage

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office-Shanghai

-$7,500,000.00

Capital Reserve

$1,500,000,00 Branches-A Important Cities in

China Foreign Exchange and General Banking Business | Rennencieč.

THE YOKOHAMA SPECIE BANK Current and Sering Accounts "opead and Fixed

Established 1880

Capital (full paid-up) Yen 100,000,000

Reserve Fund

Yet. 127,450,000

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calmatta

Canton

Dairen (aby)

Nagasaki Nagoya

New York

Osaka

*Paris.

Peiping

Razzoon

Fengtien Makden) Rio de Janeiro

Hamburg

Haakew

Harbin

Hong Kong

Honoizin

Fainting

Karachi

Kobe

London

Los Angeles

Manila

Mai

San Francisco

Seattle

Semarang

Shanghai

Singapore -Sourabaya

Sydney Tientsin Tokyo

Tsingta

Yingkow

Deporte received for one year or shorter periods ut rates which will be quoted an appliastian.

600 1. CHING.

January, March 22 % Down /

bi 22 4 s.”~

April/June Down by

22.4 5.

July/September 23. % Down s

b., 29 4 5- Market:-Quiet

THE MERCANTILE BANK OF- INDIA, LTD.

HEAD OFFICE

15, Gracechurch Street, London, “E.C.A. Authorised Capital

Subscribed Capital Paid-up Capital

£3,000,000

7,800,000

1,050,000

Reserve Fund & Rest. 1,247,836 BANKERS:

The Bank of England & Kidland Bank, Ltd. BRANCHES-

Karah!

HONG KONG BRANCH:

Des Tout Boad, Central

Bangko Bombay

Ipoh

Kandy

Manager's Office

Foreign Exchangs Dept. Generator Cobier's 05

Calmenho

Kota Bharu

Kamin Lápis

Galla

Kasia Largur

Bowma

THE WING ON BANK, LTD.

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

LONDON BANKERS: Westminster, Bank, Ltd. Foreign Exchange and every des- cripton of banking business transact- ed.

4.

Current Accounts and Savings Ac-| counts opened. Fixed Deposits re- ceived at rates which will be quoted) on application.

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire PHILIP GOCE CHIN Chief Manager.

faterest allowed for Current ACQUALITY PRINTING

cocats.

Deposits received for fixed perioda at rates to be obtained on syplication.

C. KISEINAMI,

-Manager. Hong Kong, 12th September, 1985.

POPEYE.

WithQuick

Servic

THE NEWSPAPER ENTERPRISE LIR.

"Her Ship Comes In."

JUS LOOK AT HER, TRYIN TO

LURE ME SHEEPS

TO HEI

New York

Pening

Port Lentin - (Mauritian)

Escgion

Беждун

Singapore

Kuantan (Pabang) Simia

HONG KONG BRANCH.

Every neriction of Banking and Exchange bertütems: transacted.

Travels Checors Innal. --

Trenine · and· Escutoramps undertaken. INTEREST allowed on Camaat Secounts and Fuzed Deposits at Bates that may be anoressized. -on application..

ESSEDY, 1992 1990. Manager. 7. Qomen's Boad Central. "Boss Bong, 24th July, 1955.00

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in Chrine) Capital paid up... $5,000,000. $7,300,000.

Reserves |

Capital Savings Dept. $500,000. Reserve Savings Dept. $500,000.

"Head-Office-Shanghai

A Bank baring as its mission the tinstrial "development · su China and the fostering of her commercial relations abroad. Hong Kong Office

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

AHOY: WHERE AGON EITH THAT CUTECARD

MOTOR?

Langkats (Single) Sh-$18 n. S'hai Exploration Sh.441⁄2 Shal Loans Sh. 35% n.

Raubs $9.35 1.

Venz, Goldfield $2.30 n.

Docks, etc.

H.K. and K Wharves (old)

$38 IL

HK and K. Wharves (new)

$85

EX: and W.-Docks 39 11. Providents (old) $130 m. Perellents (new) 20 eta. 1. Fong Kew Sh. $2573⁄41⁄2 z. New Engineering-Sh$4 Shanghai Docks. $80 n.

Cotton-Mille

Ewo:Cotton Sh$10.30 sa-

were

20

He requested the Central an1- thorities to instruct the Cen-

tral Bank to issue more tender

ex-

notes and to establish change offices in Kansu in order to relieve the situation. Cen- tral News Agency,

EXCHANGES

TO-DAY'S QUOTATION

On London-

'Cor

With the exception of Winnipeg| wheat, all markets will remain closed on Thursday, November 28.

--

+

NEW YORK STOCK

EXCHANGE

November 2 other

+

REICHSBANK RETURN

Decrease In Foreign Reserves

*CHINA MAIL" SPECIAL

Berlin, To-day. The Reichsbank statement dat- ed November 23, isaned yester- day, shows no change in the gold stock, which, is returned at 88.1 million. Reichsmarks, while the reserves of foreign currency de The following quotations were recreased by 0.1 to 5.4 millions, ceived by Reuters

Įmaking, a- total decline of 0.1 to 10.20 1100 93.5 million: Reschazza.kg.

The note circulation" declined 108.4 to 3,797.9 million Reichs- marks The amount of credit is- sued, as measured by bills, che- ques, advances and investments, declined by 775 to 43780 mil- Lian Beichamaris Trans-Ocean- Service

N.Y./London

On T.T. and demand.... 1/5 N.T. Rubber 4 months' sight

1/5%

Credits 4 months' sight. 1/6K

On Shanghai—

NY. Cotton

May

Dec. Chicago Wheat

May Chicago Corn

120

May

einss

Last 49372. Th

11.54- 11.50

13.00 12.97

984

59%

11.47

12.97

98.

59%

STOCKS.

†Anaconda.

62%

Copper;

Mec-Bond &

125

Share

General Motors 565.

1572 56

15% 564

123%

969's Montgomery

W230

On demand

On Singapore.........

"On demand

On Japan---

On demand

Shanghai Cotton (old) Sh. On India-

$73

Shanghai Cotton (new) $48 z Zoong Sings Sh.$12 - Wing On Textiles. Sh. $25 1.

Lands, Hotels,- etc.

HK and S. Hotel $5 s HK. Lands $36.5

HK. Lands 4% Debentures $100

Shanghai Lands, Sh$20 n. Metropolitan Lands Sh. $10 m Humphreys $9.60 ±

HK. Realties $5.80 n." Chinese Estates. $86 m. China Realties $4. China Debentures Sh.$35

Public Utilities

HE Tramways $13.40 b., $13.60

Peak Trams (old) $5 n.° Peak Trams (new) $4 n. Star Ferries $89 m.

On TMT and demand

On New York

On demand

Credits 60 days sight.

On Batavisu

Int. Tel. & Tel 123

37

36 NY. Central 27

26

SPUS Steel 48 48

62% COMMODITY PRICES

Sovereigns bank buying rate 1/6% Bar silver per oz.

Bar silver in Hong Kong... MORE Copper cents

Copper cash

BERLIN SHARE MARKET

Tendency Somewhat Erratic

→ CHINA MAIL" SPECIAL,

Berlin, To-day. Though owing to the satisfac- Itory economic reports the gener- jal tone of the share market was-

The following quotations have friendly, the tendency was some-

what ezratic and the turnover Prev. Yesterday was still small yesterday. The Closing Closing

fixed interest

securities market. was stagnant except for dollar. bonds, which were eagerly sought.. Call money was at 2% per cent.

Trans-Ocean Service.

REICHSMARK QUOTATIONS"

Reichsmark | Berlin, To-day. -

quotations (without guarantee) yesterday were: New York, 40.23;

13.298 13.298 Paris, 610.5; Amsterdam, 59.475;

sand London, 1228. The Paris. sterling quotation was 7497-75, and the dollar, 15:18%-15.19- Trans-Ocean Service.

On demand

On Paris

On demand

545

Credits 4 months' sight.

57242

been received by Beuter,

On Saigon

On dernand

54%

On Manila '....

On demand

72

New York Cotton:- December

11.83

On Bangkok-

On demand.

127

January

11.79

March

1182 11.74 11.64 1161

29 3/16

2% prem

2% pren

Rate of native interest Chinese sub. coin Hong Kong sub. coin

: 5% på

23% dis.

May July October Spot New York Bubber:---- [December January March

11.54 11.50

1146

1142

11.24

11.19

12.25

12.25

13.00 13.01

13.09

13.09

Watsons $4 n.V

May

13,42

13.43

Lane, Crawfords $10 m Mackintosh $5

Jaly

13.55

13.57a

|Chicago Whest:

Sinceres $1

b

December

99

98

May

July

989 903

97%

89%

Chicago Coras- December

59%

59%

May

59

59%

60%

60%

Winnipeg Whea

December

87%

8618

May

91%

90

5% 1925 G&B-July

91%

New York Sik

HK Gort 4% Loan 5% prem 1 December HK Govt 376% Loan Wallace Harpers. $4 1.

1.90x

1.90

March

191

1.89

[May

189

188

News Agency.

To-morrow. ---

A Loyal Subject.”

Yanmati Ferries $17 n. C. Light $10.10 b., $10/10-10 83- HK Electrics 365 b., $64 s. Macao Electrics $20 1. Sandakan Light $2.10 m Telephones (old) $231⁄2-8- Telephones (new) $9. China Buses Sh$111⁄4 n. Singapore Traction 13/- n S'pore Traction Pref. 25/- .

-Industriais

Malabon Sugar. $3.40 z- Cald, Marg. (Ord) Sh$194 2 Cald: Mecg (Pret), Sh$18-n. Canton: Ices $160 = Cements $5%|1=- ELK. Ropes $33⁄41⁄4 11. Stores, etc. Dairy Farms $37%

HEY THERE

PUT

Wm. Powellis 70 cts, ni Wing On (HK.) $40 z. Mandy Miscellaneous

Entertainments $4 n.** 3. C. Enterprises $1.25 m. Macao "Greyhounds”. *2 n. Constructions. (old) $24 n Constructions (new) 70 cts. Vibre Piling $4 n. Ch. Govt. 91%

July

90%

FINANCIAL RESERVE BOARD TO BE SET UP

Perping, To-day. At a joint meeting of the native bankers of Peiping and Tientsin yester day, it was decided that a Be- serve Board will be set up as soon as possible. Three mem bers will be jointly elected the bankers of the two form the board

PUT

Hero KONG DOLLAR DIRECTORY 1936 ISSUE

NOW BEING COMPILED.

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