1935-12-10 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000 Issued and Fully Paid-up. 20,000,000) Reserve Funds

Sterlizz

Silver

£ 6,300,000

.$10,000,000

Reserve-Liability of Pro-

prietors

.

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS.

S. H. Dodil. Eng.

Chairman.

C. C. Knight Sing-

Deputy Cham

Hon. MW. H. Bell

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

Paid-up Capital ·

Reserve Fund

(£3,000,000 ES,000,000

$20,000,000

Reserve Liability of Prom

prietors

£3,000,000

Agencies and Branches:

Alor Star

Dosle

Rangoon

Ambituar

Ipoš

Sagon

Bangkok

Karachi

Belatin

Slang

Восаба

Seremben. Stati

iCal

Emals

Singapore

Cacion

· Czwuporw

Kroking

Xadron

Kaupine

Xonala

Xedes

Tongkab

New Icel

Hamburg

Priping

Hankow

(Peking)

Harbin

Penang

Наше кате

Hon. Mr. J. J. Paterson | Cebu

A. E. Compton Esq. T.E. Pearce Esq

Coomba

MT. Johnson Esq, J.A. Phammer Esq. Haiphonat G. Miskin Esq. A. L. Shields Eq.

BANGKOK.

NATAVIA

BOMBAY

CANTON

CHEFOO COLOMBO DAIREN

POOCHOY

EXPHONG

SANBUBO

FAXXON

HARRIN

ЯUNGEEW

ILOSO

HOB

HORE

IJBE TORDION

T. X Graybure, Eng

Chad Bang

BRANCHES --

ALA LUMPUR

LUNDOS

22042

MALACCA

XANLA

NUAR Gabore

KUNDEN

NEW YORK

PEIPING

PENAN

BANGOIN

SAIGON

SAN FRANCISCU

SHAIGELL

SINGAPORE

SOUZABAYA

SUNGAI PATANI TIENTSIN

TOKO

TNINGTAO JUKUHAMA

Current ecoute openen in Zaoi Currency

and Fund Depousse recessed for we get ar sourier perioda" in Laxmi Curran's woud Sitwel

Ou Dezzon which will be quoted an apprisonlinxti ALSU up to date SAFE DEPOSIT BONES

various az 10 152

Hong Kong, at Somerset, doté

HONG KONG SAVINGS BANK

Businam of the above Senik za poads2.19

by the EONG KONG AND SHANGHAI

BANKING CORPORATION.

MAZEŃ Os applicatioNTE

Rules and the

FOR THE LUNG KONG AND SHANGHAI

BANKING CJEPORATION,

V. M. GRAYBURN,

Chart MyLET.

Ung Long 2th February, 1955

Aingised Capatel --- Fred-up Cap mamman

Bere and Undivided Prudis

kazmacked.

(Banker)

Takobama

{which will be quased on application.

THE CHINA MATE TUESDAY, DECEMBER 10, 1935

Commerce and

Finance

US SILVER POLICY

LONDON MARKET

DISORGANISED

NO STATEMENT FORTHCOMING

London. To-day-

completely

Silver circles were mystified at yesterday's action by the American Treasury. Brokers

10

Foreign Exchange and Gusen Banking Sumet as usual and reported fairly Current Acle opened and Red Deposin heavy general selling. but received for une year or borte parsed at-American buying orders. There

fore, with a view to preventing a A BREARLEY,

Manage price collapse they decided to wait Hong Kong, 1st January, 1935. and see whather America would change her mind and eventually buy.

sent buying Later America

increased orders for gradually amounts at receiving prices. Final- Ir around 445 p.m. GALT. al offerings were absorbed by Ameri-

THE

AMERICAN EXPRESS COMPANY, INC

Head Office: 65, Broadway, New York

Capital. Surplus Reserves

Antwerp

Athesa Aaranta

Bedie

TS.$8,000,000.00-

2,183,633.06 $70,731.05

BRANCHES:~~~

Genok Glas * Hig Havama Hambu Hatro Heidrihong Inte

#w:

Brice Supira

Partu Pept Pelermo Kotterdam

The City is wondering whether yesterday's development portends a change in the American silver buying policy. The market is

very nervous consequently.

statement is awaiting 2 Washington

and

from

SITTING PRETTY Washington, later: The Trea- sary will not make any statement on silver-Reuter.

m

Berian Zotzdev Beuret Bencia CALED Calcutta Cannes

Looman

L'opentagon Dublin Edinburgh

Flori

Vetera

Branches

Lander---

Invespac Lucerne

العالم الالات الصحية

Zom

Marili

Monte Cario Manda

Manich

IRADOK

Roth

Shanghai Southampoo Singapore

Vinnas Vector Yokohama Zusch

of American Express Company in Principal cities of United

$ Gromadka | Transactions undertaken"

2,459,0906 307

U.S. Opinion

NO FUNDAMENTAL CHANGE

New York, Later: With the

SHARE MARKET

TO-DAY'S QUOTATIONS

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

Banks

THE BANK OF EAST ASIA, LTD. States of America and Canada. Treasury declining to comment All classes of Commercial Banking on the break of the silver mar- kets due to the reduction of its buying price abroad, New York Personal investment accounts hand-silver dealers professed to be at

a loss as to the reason of thel· The Company offers to intending sudden lowering of the price. Travellers the use of its "Tavellers

They are of the opinion that it Cheques" and Letters of Credit and is not likely to be an indication

HEAD OFFICE HONG SUN

3, Das. Vaux Bost, Crucend

BOARD OF DIRECTORS.-

Sr, anyon Chow, Chairman.

Tom Caux Lagu Kwa

40 Ton E Cha Ching hoek, a

Pa. Enz

Th

lied

Ed Wong Chu Sou. En end Ben Yong 12 addition, the world-wide service of a fundamental change in the

of its thoroughly equipped Travel Kan Tung Pa, E. Che! Hanager.

Department.

Tee Foas. Eng. Maunge).

10RANCHES AND AGENCIES. —

Xenila

Melbourne

Sostie зеленый changia Singapore Sy

ملعون

Sambay

phons

ZA

tivabialy.

Kumicon Laios

Sag

Sus Francisco

Feping

Pasay

Rangero

Say Takboku

منان مرد

-2.0020

Fundor"

-Evoy decription of Banking and Exchange Bumumiy taomncies Irratia gruzind approved! hacovala opened in Local Currency Find Deponite revived for Don Jast Or

CASTANE

E. W. DUGGAN,

silver policy, but merely an indi- cation that the Treasury is un- willing to take all the foreign Manager.metal offered at the old price, į thus adhering to the policy to

THE CHINA & SOUTH SEA BANK, buy as cheaply as possible.

IMITED

(Incorporated in China)

Head Office-Shanghai

Capital-

Reserve

$7,500,000.00

$1,500,000.00

Branches-All Important Cities

China

marow periods in Lock and Foreign Currencies Foreign Exchange and General Banking Busine

qe terms witch will be quoted on applicaisce

Jai Depan Box To Let

SAS TONG PO.

Corel Maunget.

tramated.

Beyond that any further specu- lation as regards the motives is considered here to be mere guess- work, although it is considered that the prospects of a continued heavy silver flow from the Far East 起

induce the Treasury might well

Current and Saving Accounts, opened and Fi Deposits rooted for one year or shorter periods but rates which will be quased on application.

BOC Z CHANG.

Xanager.

HONG KONG BRANCH: 25. Des Torx Bont, CADETI). Manager's Offer

THE YOKOHAMA SPECIE BANK Foreign Exchange Dept

LIMITED

Established 1880

Capital (full paid-up) Yen. 100,000,000| Eeserve Fund ..... Yen. 127,450,900

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy).

Nagasaki Nagoya

New York Oraża

Peiping

Rangoon

Fengtien (Makden) Rio de Janeiro

Hamberg

San Francisco

Hankow

Seattle

Harbin

Semarang

Fong Kong

Shanghai

Honolulu

Singapore

Hainking

Karachi

Kobe

London

Los Angers

Manila Moji

Sourabays Sydney

Tientsin

Tokyo

Tsingtan

Yingkow

Interest, allowed for Current Ao- Deposits-received for fixed periods

at rates to be obtained on application,

C-KISHINÄMALL

Manager. Hong Kong, 12th September, 1938.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LEHTED

Incorporated in China)

Capital:paid.

Capitad Say Peserte) Savings Der

Head-

A "Bank having:29:

the

Chirachi

Caunima de

ed

Tai sexes

* 355.00

THE WING ON BANK, LTD.

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

to experiment with a lower price, with a view to gauging the ef- feet on the flow of silva :-Reu-|

ter.

LOCAL DOLLAR ·

FIRM

Silver Prices Decline

The local dollar is steady, open-} ing on demand this morning at 11/40.

Silver prices, however, fell LONDON BANKERS:--- Weshminster Bank, Ltd. 7/16, "spot" being quoted at 28% Foreign Exchange and every des-land "forward” at 28. cripton of banking business transact-

The London on New York cross- Current Accounts and Savings Ac-rate was unchanged at S-US$L- counts opened Fixed Deposits re- 95%, as compared with S-US ceived at rates which will be quoted $4.92%, while the New York on jon application

Londen, cross-rate was quoted at Trusteeship & Executorship under-5 US$1.93, 23 compared with caken Safe Deposit Boxes for hire (US$493 1

PHILIP GOCKCHIN

Chief Manager.

RAW RUBBER PRICES

Latest Quotations From Singapore

BERLIN SHARE MARKET

Few Buying Orders Received

** CHINA MAIL" SPECIAL Messrs B. Joseph & Co.,

Berlin, To-day. the following The market was exceedingly have received Straits Currency quotations from quiet yesterday at the beginning. Singapore for Eaw Rubber. (of the week, buying orders being Spot 21 % Down 1⁄4 b, 21 3⁄4 very few, so that prices were January/March 22 % Down mostly weaker. Fixed interest

D4 22 44.5

securities were also dull except as regards gold mortgage, conds, April/June 22% Down

which were in lively demand, 22:25 July/September 23 % Down prices rising by about a point,

23-4

Maricet: Drill

MANCHUKDO HONOURS

67-74.70, and the dollar, 15.35%- 15.155.--Trans-Ocean Service

© REICHSHARK QUOTATIONS

Berlin, To-day..

(with

Reichsmazk

HK Bank $1340/50 sa- HE Banks (Lon.) 19675 1. Mercantile Bank A. and B.

5281 B

Mercantile Bank C. 413 1. Bank of East Asia $70% n

Insurances Canton Ins. $260 m.

Union Ins. $562 b. 565/672.

Caina Underwriters $1.10 m. China Fire Ins. $480 n. HK Fire Ins. $245 h. International Assce. $4 n

Shipping

Douglases $36_1- HK. Steamboats $4. n. Indo-Chinas (Pre£), $80 L Indo-Chinas (Def) $11 =. Shells-Bearer) $3073 Uzioni Waterboats $12 n.

Mining

Antamoks $1.20 5. Balatocs $171⁄4 D. Baguio Gold 22 cts 1.

Benguet Consolidated $15% sa

Benguet Exploration 11 cts.

Big Wedge 8. cts.

- Gold Creek”30`cts. n. Gold River 7 cts- i

Ipo Mining 90–cts"0____ Itogons 36 cts. I. Salacots 15 cts.n. Kallen Mining Ad 11/3 Langkats (Single) Sh-$13 m.. S'hai Exploration Sh.$41⁄2 n. Shal Loans Sh. $54 2. Raubs $9.35 b.

Venz; Goldfeld $2% b.

1

Docks, etc EK and K Wharves

$90 b.

Perhaps this monkey is a welcome visitor to Ariel Varges, ace Metrotone News cameraman at Addis Ababa, who samps many pictures of the Italo-Ethiopian war for International Dlustrated News

NEW YORK STOCK

MARKET

Background Much Improved

BULLISH ATTITUDE STILL

WARRANTED

NEW ADVERTISEMENTS

NOTICE

Messrs. White Weld and Com-THE PUBLIC ARE HEREBY pans, New York Correspondents

the following

pany, repor

CONSIGNEESK

THE BEN LINE STRAMERS. RISENTED.

From KEITH MZODLESERO", ANTWERP, LONDON AND STRAITS.

The Steamship, vote

**BENVENUE*

Consigures of Gargo are hereby informed that all Goods are being landed at their risk into the hazard- ous and/or extra hazardous Godowns of The Hoar Kong and Kowloon Wharf & Godown Co., Ltd, whence and/or from the whares delive may be doined

No claims will be admitted after the Goods have left the Godwasy and all Goods remaining undeliver ed after the 17th December will be subject to rent-

All clams against the steames must be presented to the Undersign jed on or before the 31st December, oz-

they will not be recognized.

To comply with the General Bonded Warehouse Regulations consignees must baya

Officer a Berrane attendrace when damaged dutiable goods are examined.

Al bruken, chafed, and damaged. Goods

are to be left in the Godown, where they will be examined on the 16th December, at 10 am, by Messrs. Goddard and Douglas.

No Fire

effected

Ingevance

bas been

Bills of Lading will be conster– signed by

GIBB, LIVINGSTON & CO., LTD.

Agents.

Boas Kong, 10. December; 1835.

PUBLIC AUCTIONS

HE undersigned have received? instructions to sell by Public

Auction

Wednesday, the 11th Dec., 1935 commencing at 2:30 p.m.

at their Sales Room. No. 35,

Hankow Road, Kowloon." A Quantity of VALUABLE HOUSEHOLD

for Messrs. S. E. Lery and Co-Trams arrangements which will be enforced during the official Stocks: The renewed advance landing at 10 sm. of E Sir

plus the Andrew in railroad issues.

Caldecott, K." CALG strength in some of the recently CRE

Queen's Pieron comprising ?--

FURNITURE

neglected industrials, Such as THURSDAY, the 12th December, Teak Bedroom and Dining Room: motors and accessories, favourable and the Public Address of Wel-Furniture, Chesterfield Saites, week-end business Dews ardi

come at noon at the Volunteer

Pictures, Clocks, Ornaments, reassuring reports from abroad all Parade Ground

Enamel and Porcelain Ware, Brass

tended to improve the market! (old) | background.

HK and X Wharves (new)

$8724 1

HK. and W. Docks $9 n. Providents (old) $185 h. $140

Providents (new) 20 cts. L Hong Kew She $23714 n. New Engineering Sh$4 n Shanghai Docks. $80 n

Cotton Mills Ewo Cotton Sh$10 n. Shanghai Cotton (old)

Sh$75

Shanghai Cotton (new), Sh$43

The

I...

Zoong Sings Sh $12.n. Wing Or Textiles Sh: $25 ¤,

Lands, Hotels, etc.

H.K. and S. Hotel $5.35 sz HK Lands $36.

H.K. Lands 4% Debentures $100

IL

Shanghai Lands Sh.320 2. Metropolitan Lands Shi $10 m Humphreys $10

HAK Realties $5% n. Chinese Estates $86 n- China Rexities $4 0. Chiza Debentures Sh.$35 1.. Public Utilities

HK Tramways $14.65 s Peak Trams (old):$5 n. Peak Trams (new)-$4 n. Star Ferries $88 & Yaumati Ferries $17

..

C. Light $10.90 b., $11 sa. HK Electrics $69 sa Macso Electrica 320 n. - Sandakan Light $2.10 m. Telephones (old) $254 sa Telephones (new) $911⁄2 (sa. China Buses Sh.3113⁄41⁄4 n. Singapore Traction 16/5 b. Singapore Traction Fref. 26/6

6.

Industrials

Malabon Sugar $3,40 n-

Cald, Macg. (Ord) Sh $194 = Cald: Macg, (Pref), Sh $18 n. Canton Ices $1.60 2. Cements $61⁄2 * HK Ropes 4 m

Kit Stores, etc. Dairy Farm $19:32. Watsons 5472 Lane, Crawford $7 s. Mackintosh $5 m Sincere, $1.35-8 Wm. Powele 10 cts. Wing On (KE): 340 z

Miscellaneous Entertainments: $2.40 za S-C Enterprises $1.85%x. Macao "Greyhounds" $2 2. Constructions (old) $25% Constractions

GFB

2,510,000 shares.

also

A Quantity of

BLACK WOOD FURNITURE On View from Tuesday, the 10th: December, 1935,

Terms: Cash on Delivery

Our view is that a 1. Connaught Road Central and Alum Ware, Ice chests, etc., bullish attitude continues to be from Pedder Street to Jackson Business done: Road will be entirely closed to Vehicular Traffic from 09.30 am- warranted.

Government to 1045 am (approx). Cotton: The

2 Motor cas containing guests Bureau estimate of the cotton crop at 10,734,000 bales is decidedly invited to attend Queen's Pier ballish. The disappointing action will proceed by way of Mar of the market has induced fur-ray Road and Connaught Road ther liquidation and indicated that Central to the Hong Kong Club the bullish consumption figures where the guests will alight and are, disregarded temporarily. M walk to the Pier. Cars will bet Oscar Johnscon to-day stated that parked in Connaught Road Cen- the Producers' Pool still holds 90,000 bales of futures, which is (Continued on Page 11)

"

NEW YORK STOCK EXCHANGE

Latest Quotations

"December 10. The following quotations were eived by Eenter:-

1ALOU

LAMMERT BROS.

Auctioneers. Hong Kong, December 9, 1935.

THE

trai, east of the Hong Kong Clab.instradesigned have received: instructions to sell by Public 3. Lower Albert Road from Gar Auction den Road to the junction of Up-

On

per Albert Road will be closed to Friday, the 13th, December 1935- Vehicular Traffic from 11:00 am

commencing at 230 pm

at their Sales Boom,

Daddell Street

A Quantity of VALUABLE HOUSEHOLD

to 1230 pm. Motor cars contain- ing guests attending the Public, Address of Welcome at the Volum- teer Parade Ground will be halt ed in Garden Road near the lower Tram Station where the guests comprising

FORNETURE.

will alight and proceed on foot to Chesterfeld Suites, Teak Bed the ceremony. Cars will park on Boom & Dining Room Furniture, the Murray Parade Ground, Park-Office Furniture, Carpets, Bugs,. ing of cars will not be permitted Blankets. Mosquito Nets, Linen, in Garden Road, Lower or apper Cushions, Porcelain & Glass Waze, Albert Roads.

Brass & Alam. Ware, E. P.. Ware, Ornaments, Clocks, Pic- tures, Enamel Baths, Elect Table · Lamps Heaters, Books, Type- writers Steel & Teak Filling: Cabinets, Gramophones & records, Wardrobe & Cabin Trunks,' etc. etc.

close LAS

10.20

| NYALondon ¡N.Y. Cotton

May INY. Rubber March Chicago Wheat

May Chicago Corn.

4.93

95%

11.49 · 1143 11.47

1332 12:30 12:306

95%

T. EL KING, Inspector General of Police.

Hong Kong, 10th Dec, 1935.

May

59%

59%

STOCKS:

29%

294

CHINA LIGHT & POWER RECREATION CLUB

39%

40*4

164 16 5534 55 13%

13%

89%%

29%

Anaconda

Copper

Elec. Bond &

2874

Share

15 General Motors 55 Int. Tel & Tel: 14 Montgomery

Wazd

NY. Central 29 US Steel 48%

The following quotations from Lon- don

were received last night be tween 5.30 p.m. and 10:30 p.m

Sihrer Spot 29 3/16 (111 close);} 28% (last red), 7/16 down (change), Cast Silver Forward 28 13/16 close), 28% (last reed), 7/16 down. (change).

Silver Report: China, India and speculators sold. America bought.. Unwillingly. Market uncertain Cotton Janitary“

Liverpool

(last close), 8.48 (last recd.),:02 mp (change)

Liverpool "Whest—December 5/114/ (last close), 5/11 Cast red), zp_(change).**

London Rubber April-June (buy- ers). 6-7/18 (Inxt_close), 6 7/16 (land read, unchanged:

London Rubber at nom »» (bizyeER) 61⁄2" (last recd.).

A forecast, from Lo probable, trend of marker

Wall Street is exp data but subject to

Rubber prices will little better.

Thest prices, zre cher. The

Tark

Open

Members and Friends are advised that our

XMAS CARNIVAL DANCE will be held at King's Park

SATURDAY, 21ST DECEMBER

9 p.

Mrs. Nura Kanis' Orchestra will provide the music..

RED

also A Selection of Black Wood Furniture

1 Radio Gramaphone & Pick-up- 1. Copper Heater with Stove & shower Bath Spray.

2 Film Projectors & Caméras.

3 Electric Refrigerators,

1 Grand Piano,

3 upright Pianos.

On View from Thursday the 12th December 1995,7 g

Terms: Cash on Delivery

· LAMMERT F

Anctionners. Hong Kong, 10th Dec 1933

MSAT

WINES WITH RED WHITE WINES WITH WHITE MEAT

AND

ALL WINES

FROM CALDBECK'S

ARE THE THREE GOLDEN RULES OF THE CONNOISSEUR

Phone