1935-12-07 — Page 8

BANKS-

HONG KONG AND SHANGHAI- BANKING CORPORATION Authorised Capital- $50,000,000 Issued and Fully Paid-up. 20,000,000. Reserve Funds:

Sterling

Silver

£6,500,000 .$10,000,000

Beserve Liability of Pro-

prietors

$20,000,000

HEAD OFFICE: HONG KONË.

BOARD OF DIRECTORS.

B. L. Dodwell, Enq-

C. C. Eight Enq.

Depoty. Carth

Nor Mr. W. H. Bell

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON.

$53,000,000 Paid-up Capība?

Reserve FundES,000,000 Eeserve Liability of Pro-

prietors

Berg

Shanchal

£3,000,000

Amrit

Ipoh

Agencies and Benches:

Bampion Saigon

Karachi

Fans

Bombay

Lode

Calotte Canber Caempore

F

Lompat

Fucking

Madion

Madan

Tongisk

Sew Tork Priping

Hoa. Mr. J. J. Paterson Cebu A. E. Compton Esq., T. E. Pearce Esq.

Delhi

M.T. Johnson Esq., LA. Plane Esq. siphong G. Miskin Esq. A. L. Shields Esq.

AVOD

BANGKOK

HAME

HANKOW FARRIN HONGEEW

IPOE

TOBE

IOWLOOK

T. K. Grazuma. Jema

Chut Kanart.

BRANCHES:-

-ALALA LUMPUR

LONDON

LYUNS

MALANCA

MANILA

ARAR oborri

NTEDEN

NEW YORK

PEPING PENANG

BANON

SAN FRASCHED

SHAMBAT

SINGAPORE

“SOLBADALA

SORGE PATANI

TESTSIN

Tukio

SINGTAO YOKOHAMA

Cement Accounts opened in Loosi Currency and Fited Deponite racewend fur one war o

active patios in Love Currency and Styling

on terms which will be quoted on appicative. 1550 up to date sark, DEPOSIÍ DOXES

inum IO LENN

Hong Kong in Sprember, 2

HONG KONG SAVINGS BANK

The Bunder of the above Basis is coachuc??•

ed by the 50NG KONG AND CHANGHAY BANKING CORPORATION

btained on

Buine may im RONG AND SHANGHAI BANKING CORPORATIOS.

FOR THE BUNG

V.M. GRAYBURN,

Chief Managed

Hong Kong, Mrs Fascuncy, 1

Baby

Esakor Harbin Hong Kong

transacted.

Prang

Singapors Satakwam Soursby's IMPRE

(Banket) Mangino Zokunama Zamboanga

Foreign Exchange and Games Banking business Comes Loute opond and Fixed Deposits received for com your "de shorter pacoda at ran vhich will be quoted on application.

A. BREAFLET”,

Manager Hong Kong, 1st Isimary, 1935.

PUTER

THE CHINAEMAIL SATURDAY-

Commerce and Finance

1935

NEW YORK STOCK MARKETS

arkets Somewhat

rregular

UTILITIES SHOW SMALL. ADVANCE

RUGBY

{Continued from Page 4):

ing history, and is now

divinity preparators to

the church

CHURCHES

FIRST CHURCH OR CHRIST SCIENTIST

A Branch of the Mother W. R. Laney is a good, busting Church. The First Church of plays Christ, Scientist, in Boston, Mass). and is al

Macdonnell Road, below Boven-

front-row forwar

with plenty of

Messe Whitenfeld nd ti Com Says on the ball. He is at 31⁄2 Road Team Station.

and Com

was a brisk demand for shares, SHARE MARKET

at improved rates, but the volume of business put through was not Messrs. Harriman's

however, of great dimensions, ow Weekly Report ing to the scarcity of scrippany, New York Correspond

The enactment of a new local for Messrs. S. Messrs. G. A Harriman and Currency Bill did not altogether any, reportiv Co's weekly share report and mar-come as a surprise, as the recent ket review issued at noon to-day violent auctuations in exchange Stocks?

were obviously detrimental to somewhat fore slight declines

|states:-

BUSINESS DONE DURING

THE WEEK

in in height weight List-125. and is 22 years of age. He has played for Otago University for two years, and has also represent fed Otago for the same period. He is sitting for his final B & this year and is then going to study divinity.

Good Forward

Sunday Service == $615 Sunday School: 10 am: Subject: - GOD THE ONLY" CAUSE AND CREATOR.

Testimonial Kesting"-Wednes- days, 6 pm

Beading Room is located at [above address and is open:

Monday and Thursday: 5.50 to

Tuesday and Friday: 10 to 12

Dow Jones dustrial and rail avera mtilities showed a small advance. We believe that, in spite of text 0. F. Chapman is a forward Hong Kong Banks $1285, $1290, switching and other year-end ad- who stands 6ft. lin. in height,

$1530, 1330; $1350.

justments, selective buying will weigh 15st. 7th, sed is 22 years o Bank of East Asia $70% -

continue: We also believe that of age. He is particularly good. Canton, Insurances $260 buying opportunities exist in in-st line out play. He has played Literature is available at the Union Insurances $53732 dustrial and railroad securities. for Otago University for the last Reading Room. China First Insurances $450. Business done: 2,570,000 shares four years, and has represented The Public is cordially invited Otago for the past three years to attend the Service and visit the H. E. Fire Insurances $240.

"Wheat:-We would favour a He was in the New Zealand trials Reading Boom Wharves (Old) $90, $91. Providents (Old) so cts,

A phase in the history of the trade and prosperity of the Co-

lony, . Colony came to pass when the government announced - their new monetary policy of a managed car reacy on Thursday last and the feeling of increased security and confidence that pervaded the mar ket after the announcement spells a new, prosperity, in the history of the Colony of Hong Kong The Government of Hong Kong are to be congratulated on their wise move and we are confident that the tide

AMERICAN EXPRESS COMPANY, has turned in the future prosperity

INC.

Head Office: 85, Broadway, New York

Capital

Surplus

Reserves

Antwerp Albaza

US$6,000,000.00 2,183,633:06 870,731.03

BRANCHES>—

Azetmedaen

Grecs Glasgow

The Begra

Hamburg

Bombay

Heidelber

Houthan

Bessaania

Cairo

Isterilen Jenazlog Labdon

Clicutte

Bacla Karim

Скания Colabo Copenhagen Dunia Edimburgh

Geors

Lverpoo!

Lucerne

Jugnoo Lyckor Kurvellion Monte Carlo

Manila

Marich

Modiwix

Disa New Naples PAPE Pana Priping Pierino Esterdam Bode Shanghai Southscapton

Singapor Thembitu

Teoman

Two.ca Vezion Yokohama Zatich

THE BANK OF EAST ASIA, LTD. Company in Principal cities of United

........$20,000,060.00 Authored Capita

$ 5,508,500,00 Рыбир Серг Laser and Undiced Pryste$2,480,000.00

HEAD OFFICE:-BONG KUNG. 10. Dos Turut Band, Contra!

BOARD OF DIRECTORS—

Sur Show-son Chow, Charinan.

Branches of American Express

States of America and Canada.

of the Colony as we pointed out in our totes last week the ex- change factor has been playing the with drakes and {"ducks

stability and confidence of or market for years past and the firm and confident attitude adopted by our seniors can be productive of nothing but praise for their fore- sight, and admiration for haring the courage of their own convic tions. At the early part of the week (before the news of a “man- axed currency was announceã) the market opened quietly, but a considerable-turnover has taken

$1.10.

Hotelts $4, $5: Lands $470, $35, $36." Tramways $135 $144, $1274 Star Ferries $33 China Lights $iaïa $10.15,

$10.60, $10.80.

All authorised Christian Science

ARMY BATTING AGAIN GIVES ANXIETY

(Continued from Page 5.)

་

The Juniors

$1, moderate accumulation of hold last year, and is regarded as one ings in anticipation of an early of Otago's best forwards. He is improvement in demand from both in the fourth year of his medical domestic and foreign consumers-course.

Wheat:-21,359,000 S. W. Simmers is a good, solid Total sales: bushels, Com: 4,438,000 bus-type of scrummaging forward. who has played for Otago "Varsity hels

"Cotton:-While domestic and for the last two. years, and this Electrics $6134, 362 $55, $664. foreign takings are far exceeding year played for Orago. Six feet Telephones (New) $$$ those of last year, we think that in height, he scales 14st, and is

offerings of fatures by the Pro-24 years of age. He is in his loon Cricket Club will meet the ducers Fool are overhanging the third year of his arts course and Recreio in a league encounter on the latter's ground and, although" market and we would advise trad- intends to take up teaching.

21. Thomas is a first-class the Kowloon side is weaker on ers to take their profits on ad-

hooker, a great battler, and is al-paper, Ifully, expect them to take [vances...

ways on the ball. He has played both points.. The Police are play- **Copper:-Most fabricators and for Auckland University College ing the Navy in a league encoun rolling mills are operating at ca- since 1933, Auckland "B" repre-ter at Happy Valley and the

$9.30.-*

Cements $44 Ropes $4, $434, Dairy Farms $18

Entertainments $3.40 b.

Antamoks $1.05, $1.15, $120. Raubs $9.10, $9.45-

Gold Rivers 7 cts.

In the second division the Fow-

place during the latter part of the CHANGES (3.15 pm) CLOSING pacity. The continued good de sentatives, and King Country and sailors should have no difficulty as

rose

week and rates in the investment section have been marked up con- siderably, Hong Kong Lands after having changed hands at $35, to $36. Hong steadily Kong Trams opening with buyers to $14, at $134 improved All classes of Commercial Banking closing with enquiries at this rate. Transactions undertaken.

Star Ferries were dealt in at $88; Personal investment accounts hand-and more shares were wanted at this figure. Hong Kong Electrics

-iled

Li Kaso Chen, Eaçu P. X. Ewok, Eng. Honk!

Tun Tong, Eag. Chan Chit Seh,

Seag. Eaq, Wong Chu som da

P. Exq

Kan Tong Po. Em Chist Monger.

Tes Fong. Eaq. Xanager.

BRANCHES AND AGENCIES

JORDA Calcante Cantos Expoint Bak

Manila

Nagmatics

New York

حني

Paria-

Seattle

Semarang ishangina * Tanampara -ZONZENETE

bwelow Snged away Tachosa

Perping

Kobe Kowloon Loodam

Tel Tokyo

Ea Francisco

Vancouver

Sonohama

Emery decription of Basking and Exslangi. "Bunitions" tenzinstać Londa gracted or approved

Cement Account opened Local Currency and Fixed Deposits cited for Ob TWW aborter periods in Local and Foreign Camocion -on Lardia whack_will be quoted or appúcation.

bale Dapodi "B

KAN FUNG .

Chaet, Manager-

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1839

Capital (Inll paid-up) Yen, 100,000,000 Reserve Fund

Yen. 127,450,000

Alexandria

Head Office: YOKOHAMA

Branches and Agencies at

Nagasaki Nazoya New Yack Osaka

Batavia

Berlia

Bombay

Calenttä

Canton

Dairen (Dalny).

Paris

Peiping

Rangoon

Fengtien (Mukden) Rio de Janeiró

Hambur

Milankow

Hazbin

Hong Toar

Honolulu

Hainking

Kobe

London

Los Angeles. Maniila

Mo

Sin Franciaco

Seattle

Semarang

Shanghai Singapore Sourabaya -Sydne

Tie

Tringtar

Interest allowed for Comment Ac

Deposits received for fixed

at rates to be obtained on

C KISHINAME;-

Kanager.

The Company offers to intending had sales recorded at $61% at the Travellers the use of its Traveller beginning of the week but latterly Cheques and Letters of Credit and, rose 6 points, closing with buyer: addition, the world-wide services at 969 after business done at $70.1 of its thoroughly equipped Travel Telephones. (old) were a pro Department.

minent feature having improved Wharves E. W. DUGGAN, from $21.85 to $25.

Manager were in fairly good demand, busi.

ness having been done at $90/91. Dairy Farms improved to a buying rate of $18. Minor issues enjoy. ed their fair share of popularity, Providents (old) rose from 30) cents to $1.25 closing in demand Capital

Hotels after at the latter figure. Reserve Branches-All Important Cities in having been done at $460, rallied

THE CHINA & SOUTH SEA BANK, LIMITED

transacted.

(Incorporated in Chima) Head Office-Shanghai

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

China

to $520 at which rate there were Forsigs Exchange sod. General Banking Bine free buyers. Cements improved Carter and Sating Accounts opsmed and Fixed from $4.75 to $63% Ropes chang- Depente received for one yr ar shop woda red hands at the enhanced rate of at rate which will he quoted on application

2603_Z. CHANG.

. TRONG BỌNG BỊ CH

36, Des Toner Road, Central

Kanger's Off

Foreign Embang Dept.

General Oswe Cochines D

THE WING ON BANK, LTD.

154/44

QUOTATIONS BUYERS

Banks of East Asia $70. Canton Insurances $260. HK Fire Insurances $250. China LightsTM $10.70. Humphreys $10. Electrics $67 V1⁄2.. Telephones (Old) $24. Cements $6.10. Telephones (New) $9.30. Dairy Farms $1832.

SALES Hong Kong Banks $1345/1350. H. K. Fire Insurances $240. Lands. 236.

Providents (Old)) $1.10. China Lights $10.70/1034- Telephones (New) $9.30. Artameks $1.20.. Dairy Farms $184.

H.K. SHAREBROKERS ASSOCIATION

Stock Report

The following report was issued

Banks $1345/1350 sa Canton Insce $255 b. Underwriters 90 cts. b. Unions $560 sa.

Chiza Lights opened by the Hong Kong Sharebrokers" with buyers at $-0, but soon show: Association yesterday afternoon. ed considerable strength and were done up to $10.80 cash and $11.29 February. In the sterling sec- tions, Hong Kong Banks remained more or less unchanged, with busi ness done at $1280/1350. Unions were better with transactions put through and scrip in demand at $560/65. The tone of the market at the close is very encouraging. Foreign Exchange and every des and everything points to a new cripton of benizing business transacters in the future prosperity and history of the Colony of Hong

Head Offices Hong Kong 26, Des Voear Road Central. Authorized Capital $10,000,000

ed.

LONDON BANKERS: Westanjrater Bank, Ltd.

Current Accounts and Savings Ac counts opened. Fixed Depositare Kong with renewed, and continn- ceived at rates which will be quoted ous activity in the share market

assured. on_application."

Trusteeship & Executorship under- *aken Safe Deposit Boxes for hire PHILIP GOCKCHENT Chief Manager.

THE MERCANTILE BANK OF INDIA, LTD.

RZAD OFFICE: 15. Gemachtich Street, Zetidon, E.CA Authorised Capisal

£3,000,000 Subscribed Capital 1,800,000 Paid-up Capit $ 1,050,000 Reserve Fundță Rest: 3,247,830 The Bank of Bogimal & Midland Bank, Zad BRANCHES;

Bangkok

Hong Kong, 12th September, 1965. Hominy

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED-

Cinecuperated in China);

Capital paid

$5,000,

Colombo

Zelti Galia

EXTILERS:

andy

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

HK. Banks $1280/1350,-

Union Insurances $5372/565.--- Canton Insurances $240/260. China Fires $480,- China Lights $10.-/10:20. Sinceres $1.55/170. HK Lands $35/36.— Entertainments $3.10/3.40 Govt Loans 45% 6%. Antamoks. $1.05/1-15./

HK. Electrics $61/66%. Cements $44.

Dairy Farms $136%/%/277 Underwriters 90 cts. Providents (old) $080/110.

Douglases $35.b. Steamboats $3 b

Eotels $56.

Humphreys $10 ₺., $101⁄4" sa. 10 Wharves $90 b.

Providents Old $105 5.

Trams $14.20 b.

Lights $10.60 CD b.

Electrics $67 bo

Telephones Old $52 h., $25 88. Telephones New $9 b Canton Ices $1.70 CD b. Cements $6 b. Dairy Farms $18.b. Entertainments-33% Nanyang $3.20, 83-- Watson $44

The He winning

Craigengower: representatives. mand is expected to cause an ad- Waikato vance, in prices early next week went to Wairarapa Boys' High juniors will travel to Sookampoo to A considerable volume of the me-School, where he was in the first play a friendly fixture against the tal is believed to have been pur-fifteen. He is at present study- Indians and should win. chased in anticipation of an ad-ling accountancy at Auckland Uni-

Selected Teams vance. We would take profits inversity College, and is in his final The following are some of the futures on balges.

stage for the professional accoun-teams for to-day's games: tants" examination.

Royal Navy it XI:-L. Branwell American Rail-

L. S. Drake is a forward who is Lt Battey, Surg. LL. Kirkwood, La way Association estimates car-

a good hard worker in the tight, Poe, La Fanting, L. Nix. ERA loadings at 570,000 cars, an in-

Day, Engr. Comdr Davis, Tel. Tufnell, and a clever player generally. He La Wraith and Lt. Buchanan- crease of 22,000 cars from the has played for Auckland Univer- Dunlop. corresponding period of last yearsity College since 1932, and play- The Army Major V. J. Bonavis,

"Flash:-The

-

NEW YORK STOCK

EXCHANGE

Latest Quotations

December 7 The following quotations, were ceived by Beuter:-

2

close 10.20 11,00

N.T./London 4.33% NY. Corton

Мат

11:46 1151 11.50 N.T. Rubber

March

17.39 113.27AM 13.33 Chicago Wheat

May 95%

95 Chicago Comm

May

58%

591⁄2

STOCKS:

Anaconda

Copper

Elec Bond &

28

Share

15% General Motors 551⁄2 Int. Tel & Tel 13% Montgomery

¡NY. Central

39

2844 23

15% 1534 55% 6534 132 13

39%

39

and

284 283 28% ¡U.S. Steel 47% 4774-47%

don.

ed for the Auckland representa-Capt L. J. Walch, Capt. D. W. Persze, tire team in 1932 and 1933, and Lt R C Clegg-Hill, L. J. R. Jotme. the New Zealand Universities in SOE. M. Dawson, Lt. J. P. Williams, Lt. C. C. Garthwaite, C. S.

1953 He went to Auckland Grammar School, where he was in the first fifteen and first eleven.

Toured Australia---

1. P. McVeagh is a good loose forward, whose sense of anticipa tion enables him to combine wall with the backs. He has played for Auckland "Varsity since 1931, and toured Australia with the New Zealand Universities' team 1931, and has played for the Auck land "B" representatives. He was educated at Sacred Heart College, Auckland, where he was a mem=] ber of the first fifteen and first) eleven and dux of the school He has completed his LLM degree, with first-class honorira.

Elvir, Cal Ballard, and Fus. King. ECC 1st XI F. Goodwin (Capt.),

E. E C Finches, F. Fincher, A-De Lay, W. C-Hong, F. S. W. Smith, G♫ C. Burnett, E. Lee, A. W. Ramsey, F. Zimmern and F. A. Manz

KCC 2nd XIE. Overy, G. Lee, A A Dand F. Broadbridge, V. Darling, F. E. Lawrence, B. Lay, W.

Mackenzie, G. Craig, C. B. R Sargent and S. Jer

Royal Navy, 2nd XI--La Comde. Barry, Chief E. E. A. Vickery, E. R.

Cripps, Ldg. S. Hinde, A. B. Dale, Ldg. S. Moore, Yates, Lt. Boze, Chief E R. A. Eaton, Serg. L Comir Belcher and O. D. Dawe

GOLD MINE GOES. BEGGING

No Bidders At South-

African Auction

T. O. Stace is "a hard-working forward" who is ziways on the ball. He attended Nelson College from 1926 until 1932 and was head prefect in 1932. He played for the first fifteen in 1931 md

A gold mine which has produr- 1982. He gained a place in the ed over $1,000 worth of gold a Canterbury College first fifteen in month has gone begging here. represented the college when it was offered for sale the

at cricket in 1934 and 1935. He is

Johannesburg

The following quotations from Lon-studying for the degree of Bache-auctioneer could not get a bid.

The mine is the Dorothy Gold' were received last night belor of Engineering. Twenty-one Mine, between Randfontein, and tween 5.30 pan. and 10.30 p.m. Jears of age, he is 5ft 8in. in Silver Spot 293/16 (lasz close), height, and weighs 125. 515. - 29 3/16 (last read), unchanged.

ean

Venterspost During the fest

E. B. Burke is a hooker who is three months of 1992, the auc Silver Forward 23 13/16 (last,

tioneer said," "between £1,000 and £1,200 worth of gold was recovere close), 28 13/16-(last red.), unthang- always full of steam, and

bande his feet cleverly. He play- ed:

Silver Report: America Toughtled for the Hutt Valley High each month. India bought

"Who will give £5,000?" he aske and sold. Macke: School first äfteen in 1931. He fquietly steady.

Liverpool Cotton January 644 gained a place in the Wellington ed. "It may be worth £100,000.” (last close), 6.46 (lass reed), 02 fourth grade reps. in 1982, and No one bid

the third grade reps, in 1933, 1500, but as there were still (change).

Liverpool Wheat-December 5/11% played for Victoria College first (last close), 5/11% (last recd), 172 fifteen in 1934 and the Canterbury bids the mine was withdrawn up (change). COMMODITY PRICES Rubber-April-me (bus-College seniors in 1935. He gain-

The price was brought down to

Beater.

ers) 6 7/16 (last close), 6: 7/16 (lasted a place this year in the Can- reed), unchanged.

terbury representative team, and and is at, present taking a coUZZO, London Rubber at noon (buyers) was a member of the fifteen which in civil engineering. Six feet fo 61⁄2"(last recd).

forecast from London on the took the Ranfurly Shield from height, be-scales 23st. 5lb., and is probable trend of the New York Auckland He is studying for the 23 years of age-

teaching profession, and is af pre- F. J. Wibon is. 3 front-row market states

Wall Street is expected to open sent at the Normal Training Coward who possesses pac steady with a tendency towards higher lege-He requires one subject to rear tailer. Be prices

The following quotations have. been received by Raubert.

Prev, Yesterday Closing Closing

Tock

(Mauritima)

Dec

11.76%

HE Docks

-1174

- 1177 31.76%

HE. Ropes $47/03/ Bank of E AJ STO.---- "Gold Rivers 7 cts:

March May.

51156 2166"

expected; to go

Slightly “his

*L46 1248

cipated in Cotton

·FL39 $11.40%

tone is expected in the

October

11:19

Spot

∙12.20

1222

18.13

Hot Eburs

· Emrin Lactopar Hong Kong. Sameina (Pahangi Simla

Singapore Homesh

Madron-

·HONGTIDSG-EZANCEL dawziption · at -2making and Exchang

allowed an Current · Annou Deposits Let "Baten, that way, bu nueneimin

Raubs $9.10/9:45. Wherves: $50/-/91 Hotels $45

HZ Trains $1436:

Star Ferries $38 Telephones: (new): $83/8%%%

Rubber and Wheat prices are also complete his B. degree, and is of St Andrew's College

taking the honours Contzenten in 1930, and pis French He is 21 years of age, perbury College first under-weighs 12st, and is 5ft 10in in 1983, 193

height

-AILR

DA. Hadson, îsa

in the fine out.

College

and

3534