1935-12-11 — Page 8

BANKS

HONG KONG AND SHANGHAI

· BANKING CORPORATION“ ....

Authorised C

Issued and Fully Paid-up. 20,000,000) Reserve Funds:—

Sterling

Säver

£ 6,500,000

$10,000,000

Reserve Liability of Pro-

prietors

HEAD OFFICE; HONG KONG,

SF. Doda". Eng.

Chairman.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHIINA.

Bazyko

porized" "by "Boyal Charter, 1953.

HEAD OFFICE: LONDON.

منحوتة

Paid-up Capital

Reserve Fund

£3,000,000 £3,000,000

$20,000,000

Reserve Liability of Pro-

prietors

£3,000,000)

Agencies and Branchens

Alor Stre

Jameliams

·Ipab

Karachi

Bateri

Saigon Setting Bergban

Boca

Sober

Calcathe

Kuala

Cazion

Layout

Cevapora

Kaching

Sikawas Soumbara Taiping ***COLL

Medem

New York

Hamburg

Σκωτίας

Tsingtao

Brokaw

Barbu

Prans

Inkokasi Zamboanga..

Hoa Bos

BOARD OF DIRECTORS

C. C Inight, Esq.

Deputy Chairman.

Hon. Mr. W. H. Bell

Colombo

Hon. Mr. J.-J. Paterson Cebu. A. E. Compton Esq, T. E Pearce Esq. Hi, Johnson Esq., J.A. Plammer E34, po G. Miskin Esq, À. L. Shielda Esq.

V. M. Grayburt, Eng

Chief Massen".

BRANCHES :-

ZONDON

LYONS

MALACCA

MANILA

KVAR Joborná

NUADEN

NEW YORK

PELPING

PENANG

SELANG LAL

RANGOIN

SAIGON

HIMBU

SAN FRANCISCU

KARAIN

10120

IPUM

JURORS.

KUWLOON

ALLCUPTE

SINGAPORE

SOCHABAYA

SÜNGEL PATANI TIEMSAN

TRE!

TSINGTAO

YOKURAMA,

Cutral custa opcomt in Love Currency Pized Deposite YNĖ. for vue your ar

shorter periode in Lori Curmary and Sterling tena wkuch will be quokee wj wgaplaaslane. Lời və to date SAFE DAMONTI BOXES

in various sizes TU EXT.

Hong Kong. let November. 1945.

HONG KONG SAVINGS BANK

تعمالا

THE CHINA MAIL, WEDNESDAY, DECEMBER 11, 1935.

Commerce and

Finance.

LOCAL DOLLAR FIRM

Silver Prices Unquoted

SHARE MARKET

TO-DAY'S QUOTATIONS

The following is the list of local The local dollar is steady, open-share quotations issued: to-day:

Banka ing on demand this morning at

KK. Bank $1,370 bis $1355/60 [1/4d.

There were no silver prices quoted

93

The London on New York cross- rate was unchanged at 5-USM- as compared with US. $4.95%, while the New York on Formes Exshangs mad Games Banking busin London cross-rate was quoted at Current Accounts opened "and Fixed Deposita—US.$4.99%, as compared with

nesrved for com year or shorse parsoda sz ́entos: 7which will be quoted an application,

A. BREAELEY,

Mazagun.

Hong Kong, 1st January, 1935.

AMERICAN EXPRESS COMPANY,

INC.

Read Ofeer-65, Broadway, New York

Capital

U.S.$6,000,000.00 2.153,533.06 $70,731.05

Now Hapons

Sumplus

Reserves

Ásberdin

BRANCHES:-

ਪੰਜ

11

Ashe

Azbcom

Hage

“Amminis

Dearing

Kotisa

Harry

-Bres

Hudy the

Interina Jerusalem

Terpang

Boverda Bati

Caro

CASAME

Loodus Literari LACO

COUNTING

Coptre

Dunia Edinburgh Florence

The Business of the above. Snijd in conquK – at by MLUNG KONG AND SUNTERW Babalvu CARPARETIOS.

abtained on application

PUZ THE HONG KONG AND SHANGHAI

BANKING CORPULATION.

3. GRATEIEN,

Hong Kong, 9th February,

Coung.

THE BANK OF EAST ASIA, LTD. G

Authorized Cajusta).

Вело-ку Сарины най Emery and Ludivided Prot

$10,190,200.0

HEAD OFFICE -—13« »NG" KONG,

29 Dwn Vaux Band 'acte.

DUARD OF DIRECTORS

شباب جمال الصيانة ثلاجة

Branches

Heractive Konte Carlo

-Manila

Munich

Monitorz

Southampton Singapore

Zeormion Varem Venice Yokohama Zucicis

of - American Express

US$4.93

REICHSBANK®

RETURN

Slight Increase In Note Cover

** CHINA MAIL" SPECIAL

Berlin, To-day. The Reichsbank return

dated December 6, issued yesterday, jahows that the gold stock increas- ed by 0.1 to 88.3 million Reich- smarks, the foreign currency re- serves being unchanged at 5.3 millions, making a total increase in the note cover of 0.1 to 3-6 mil-: Jon Reichsmarks. The note ciz-| {culation declined 141.5 to 4,0443:

usillion Reichsmarks.

The amount of credit issued, as measured by bills, cheques, ad-] vances and investments, declined 235.5 to 4,655.1 million Reichs- marks.--Trans-Ocean-Service.

40.00 Company in Principal cities of United REVENUE RETURNS

Wraca

In Karaca Cikasti. Eng., P A. Kwon, Eng Jue Tong, Kay, China tikisa Dien, Log In kami bang. Eng. Wong Chu bou, dry, and Ben Yang 120 Ding

CALLABLAB

Xao Tang Po. Eng., Chiei Ninonger. Là Tan Fong, bagi Hang

BRANCHES AND AGENCIES-

Nantia

Link Vill

Majbure

Canton

Hanirow Munguzia

SVALDOD

Dew bork Chaka

Мориц

Yanaly

Kangura

Eve

شمال اليد

cinco

S

Semang Shanghai Nagapore Dur

*y "BANDONES

رات کا

الحمس 1

merption of Banking and Fachange Buste race. Luted da approved

Keitung.

CASTREL ACCOnte opened 10

Local Curentry

and Fixed Depona Hot:red for ans Just or

·mmortar periods in Local and Foreign Currenzian on uneaza wauch will be quoted on sypùcaust.

Jan Deposts Bozes 10 Le

SAN TONG PO.

Chist Manager.

States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment secounts hand-

led.

The Company exers to intendimen Travellers 'the use of its "Travellers

Chegoes" and Letters of Credit an

addition, the world-wide services of its thoroughly, equipped Travel Department

E. W. DUGGAN,"

Manager.

THE CHINA & SOUTH SEA BANK, LIMITED

focorporated in China) Head Office-Shanghai

Capital!

.$7,500,000.00 Eeserve.

$1,500,000.00 - - Branches-All Important Cities inf

China Foreign Exchange and General Banking Business | transacted.

THE YOKOHAMA SPECIE BANK Current and Saving Accouder opened and Fixed

LIMITED

Established 1880

Deposita reveived for can your or aborter periods, st rates which will be quoted on application.

SOU Z. CHANG.

Britain's Figures

Still Rising.

London. To-day- Exchequer returns show that ordinary revenue to date, includ- ing self-balancing items, amounts to £404,099,559, as compared with 5383,933,510 at the corresponding Bate of last year--British Wine. less Service.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE 15. Gesenchurch Street, Loudon, Z.CA

Authorised Capital

Subscribed Capital

Paid-up Capital:..........

53,000,000 1,800,000

1,050,000

Eeserve Find & Rest . 1,247,830

BANELES

The Bank of Englană 2 Mčané Bank, LAX BRANCHES!

Bangkok

Mag

Bombay

HONG KONG BRANCH 3. Den Toyz Bond, Content. Manager's Of

Calette

Coorabo

| Dečki

29568 || Galle 22967

Bowsk

Capital (fall paid-tip) Ten, 100,000,000 in Exchange Dept.

Reserve Fund .....

+

Yen. 127,450,000]

Head Office: YOKOHAMA

Branches and Agencies at

Aleandria

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki

Nagays

New Fork

Osaka

Paris

Peiping

Dairen (Dalry) Eangoon

Fengtien (Makden) Rio de Janeiro

Hamburg

Hankow

Ha-bin

Bon Bonz Honolulu

Ksinking Exrachi Kobe

London

Los Angeles

Manila

Moji

San Francisco Seattle

Semarang

Shanghai Singapore

Sourabaya

·Sydney Tientsin

- Tokyo

Tsingtan

Yingkow

General de Cashier's Offer

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.

Current Accounts and Serings- Ae- |counts opened. Fixed Deposita re ceived at rates which will be quotedį on application.

Trusteeship & Ewentorship unders taken Safe Deposit Bazes for hire PHILIP GOCKCHIN Chief Manageri

Interest allowed for Carret A QUALITY PRINTING

counts.

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

-C... KISHINĀMI..

Manager.

Hong Fang, 12th September, 1996,

POPEYE.

こど

With Quick

Service

STHE JALAPAPEE DODOMA TO,”

CENA. MAJU MINE.

Ipoh

Lots Bharr

Jual Lapie

Kari Lampar

Kew York Penang "Port Louis

(Mauritius)

Shanghai

Acastan (Pabong) Simis

Kingspoes

HONG KONG BRANCH.

Every dancription et. Exaiting and Exchange busowe ATAACTAL.

Travellers. Chiques inade

Trosion and Executorships undertaken. INTEREST allowed, on Cammet. Socoazda sod Fixed Deposits at Eater that may be ascertained on application

1. KENKEDY.

La Queen 'n "loudTM“Contest.

Hong Kong, 28th July, 25%.

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED Encorporated in China)

Capital paid v

Reserves

$5,000,000. $1,300,000, Capital Savings Dept. $500,000. Beserve Savings Dept. $800,000.

Head-Office-Shanghafa

A Bank having as its mission The Industrial. development on China and the fostering of her ́commercial relations abroad.

Hong Kong Office

---T. Too Home St.

Phone 31481-2-3

HA. Bank (Loni) 597 he Mercantile Bank A. and

£9814 De Mercantile Bank C. 16 2. Bank of East Asia $70% 1

Insurances

Canton Ins. 5260 n. Union Ins. $570 b.

China Underwriters $1.10 m.

Chica Fire Ins. $480 HK Fire Ins. $245 n. - International Assce. $4 n

Shipping

Douglases $36 1- EE Steamboats $4. Indo-Chinas (Pref), $30 Indo Chinas (Det) $11 = Shells (Bearer) $1/3 = Union Waterboats $12 -

Mining Antamoks $1.20 b, $130 s Balatoes $1TY 1. Baguio Gold 22 its u Benguet Consolidated $15 Begret Exploration 11 cts. Big Wedge 12 cts. n. Gold Creek 30 cts. Gold River 7 cts. 1 Ipo Mining 90 cts. D. Itogons 36 cts. i Salacots 15 cts. I Kailan Mining Ad 11/3 Langkats (Single) Sh-$13 n. S'hai Exploration Sh1⁄2 n Shai Loans Sh. $54 1 Raubs $9.35 b

Venz; Goldfield $2 b.

Docks, etc.

HK and K. Wharves

$39 b

2

NEW YORK STOCK

MAR

Some Nervons

Evident

REACTION TO SILVER POSITION

Messrs. White Weld and Com pany, New York Correspondents for Messrs. S. E. Levy and Cam

pany, report

BREACH OF ITALIAN EXCHANGE LAWS

Heavy Sentence Imposed

FURTHER CASES PENDING

** CHINA MAN. ** SPECIAL

Geneva, To-day- The director of one of the

leading firms of coal importers here has been sentenced to three years banishment for Stocks: The market was nervous illegal transactions in foreign today, which is partly attributable exchange.

NEW ADVERTISEMENTS

PUBLIC AUCTION

aats: Undersigned have received instructions to sell by Public

Auction

On

Saturday, the 14th. Dec., 1935. commencing at 10.30 am.. at their Sales Room, No. 4 Daddell Street: A Quantity of MISCELLANEOUS GOODS

| Comprising:-

Woollen, Cotton and ArtificialTM Silk Piece Goods, Raincoats, Over-

to the silver situation. Consider The proceedings revealed ing all factors, however, we think that the accused, whose name contaa Woollen Cotton and Arti that chances favour an inter is Matteucci, had paid for large

Clothing, Blankets, mediate period of reactionary car-quantities of imported coal by ficial Silk

Stockings, Singlets, Handker bis banking rection, although special issues drawing on will continue in demand. We accounts abroad, and had chiefs, Zip Fasteners, Trimmings, would not disturb long pull posi-further illicitly procured foreign Woollen Yarn, Cape, Baby's Hats, tions, as we are of the opinion that currency in Italy for the pur-Rubber Shoes, Sewing and Knit

ting Needles, Cotton Thread en bullishness is warranted. Business pose of sending it abroad. fdone: 2,540,000 shares.

search of his

offices spools, Pocket Knives, Buttons,

Braids. - Whest: Domestic-buying

brought to light three sacks Elastic,

Gramophone

Was

A

limited, pending developments in containing gold weighing 55 Needles, Toys, Calf Leather, Brass connection with cases before the kilograms as well as three gold Nails, Aniline Dyes, Printing Ink

Pens, Pencils, Fountain Supreme Court Prices of the bars weighing one kilogram. Lead Canadian product are now nearing The authorities have confiscat Celluloid Seals with cases, Sharks' the competitive basis. We would led the gold and Matteucci has Fins. Mushrooms, Awabi, Dried on setbacks, been condemned to pay a fine Shrimps. Compoy, Mussels, White prefer accumulation Total sales: 16.847.000 bushels amounting to the total value of Pepper Saccharine, Confectionery,

the latter.

Deer Horns, Ginseng, Bear Gall Corn: 3,698,000 bushels.

Fifteen other foreign cur-Alophin Pills, Sandalwood etc. eary speculators will appear

also ¡before the

Flash: The J. C. Fenney Come pany has declared a quarterly

court

dividend of 15 cents per share, charges during the од sirailar

plus an extra dividend of $1.50 jper share.

The American Brake and Shoe Foundry has declared dividend of 25 cents per share.

next few

days-Trans-Ocean Service.

2 extra NEW YORK STOCK

EXCHANGE

BERLIN SHARE MARKET

Business Continues To Be Restricted

***CHINA MAIL" SPECIAL

Berlin. To-day.

Latest Quotations

Dectmber 11. The following quotations were re- eived by Renters

close

Last

10.20 11.00

The investing public still show-

NY/London N.T. Coston

Kay

4.93

Rubber March

11.35 11.32

13.26. 13.20

95

11.73

13.20

95%

58

30

ed no inclination to venture, so

that the share market continued Chicago Wheat (old) exceedingly quiet and business May

was restricted yesterday. FixedChicago Corn

May ELK and K Wharves (new) interest securities were also full,

STOCKS: éply a very few price changes oc-Anaconda curring. The Reich Old Liquida- Copper tion Loan was 1% lower

Call Elec, Bond money was at 3 per cent-Trans- General Motors 56% Ocean Service.

Int. Tel & Tel 13% Montgomery

Wand

HK. and W. Docks. $9 n. Providents (old) $1.45 s.. $1.35/-

40 sa

Providents (new) 20 cts. 11. Hong Kew Sh. $2371⁄4 n New Engineering Sh.$4 n. Shanghai Docks. $80 a.

Cotton Mills Ewo Cotton Sh.$10 m... Shanghai Cotton (old) Sh.$75 |

Shanghai Cotton (new) Sh$43

द

Zoong Sings Sh.$12 m. Wing On Textiles Sh. $25 1, Lands, Hotels, etc. HK and S. Hotel $5.35 HE. Lands $36

HK. Lands 4% Debentures $100

Shanghai Landa Sh $20 n. Metropolitan Lands Sh, $10 m Humphreys $10% m HK Resities $5% 1 Chinese Estates $86 n- Chinz Realties $4 1. China Debentures Sh$35 m

„Public Utilities

HK. Tramways $14.65 D- Peak Trams (old) $5 m Peak Trams (new) $4. Star Ferries" $39 $2. Yauzati Ferries $17 n. C. Light $10.95 b. $11 sa. HK Electrics $69/68 sa Macao Electrics $20 1. Sandakan Light $2.10 Telephones (old) 225 n Telephones (new) $91⁄2 x China Buses Sh$11% Singapore Traction 16/6 b. Singapore Traction Pref. 26/6

8.

Industrials

Malabon Sugar $8.40 n Cald, Maeg (Ord.) Sh.$19. z. Gald: Macg · (Pref), Sh.$13 n

RAW RUBBER PRICES

Latest Quotations From Singapore

294

9 Cases Aluminium. Stew Fans- 14 Cases Examel Muga............ --1-Case Woollen Suiting

4 Barrels Soap Flake..

1 Barrel Shampoo Powder..

1 Barrel Talcum Powder.

Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers. Hong Kong, December 11, 1935

SILVER MARKET COLLAPSE

: (Continued from Page 1).

The administration has repeat. edly said that it is carrying out the Silver Purchase Act in good faith, but it should be remember- ed that Mr. Morgenthan previous ly emphasised that the monetary policies of the United States Treasury. were on a 24-hour basis. In the absence of clarifying- statements it is not known how long the Treasury will remain out The following quotations from Loc. of the world market.

Share

30

29

15殛

15

•154

55%

553

135

404 40% *4034

294 29

SY. Central 29%

G.S. Steel

48

13

don were received last night be- tween 5.20 pm and 10.20 p.m.

Silver Spot 28% (last close), uz quoted.

NO COMMENTS ON RUMOURS ·

Members of the State Depart Silver Forward 28% (last close), ment declined to comment on the

Messrs. R. B. Joseph" & Co., bave received" the following|anquoted. •; Straits Currency quotations from Singapore for Raw Rubber....

Spot 21 Down 1% h, 21 % 3. January/March 21 % Down

b. 22 B

April/June 22% Down /

22-5% 8.

July/September 22 % Down 3

5, 23 % 8 Markét:Quiet

Canton Ices $1.60 2. Cements $64

HK Popes $4

Stures, etc. Dairy Farm 19 sa. Watsons $41 Latie, Czarford 367 3 Mackintosh $5 Sincere $1.35 7 Wm. Powells 70.chs. z. Wing On (HK) $40

Miscellanous Entertainments $3.40 2/ SC Enterprises $1.36 n. Macao "Greyhounds” $2 n. Constructions (ok) $264 m Constructions (new) 60 ctx 3. Vibro. Piling $4. Ch. Gort 5% 1925 1.91% EK Govt 4% Loan 4% prem.

G&Bds

HK Govt. 34% Loan FaL Wallace Harpers $4 n.

of:

Silver Report: In the absence of reports that the absentee buyers no quotations were issued and Government buying was connect- no business transacted.

ed with the Sino-Japanese situa Liverpool Cotton Jamary 644tion Silver members of congress. (last close), 6.33 (last recd.), 13! down (change).

profess to have no information Liverpool Wheat--December: 6/14)with regard to the situation, but (last close), 6/11 (last red), 1% are inclined to think that the. down (change).

Treasury's action does not indi- London Rabber April-June (buy-cate any permanent change in ers) 672 (last close), 6 (last recd-America's silver policy. It is unchanged.

London Bubber at noon (buyers) felt that the present position is 6 7/16 (12st recd.).

bovat merely temporary in character A forecast from London

on the Beuter

probable trend at the New York markets, atatesc

Prices on Wall Street are expected to be better and traders more optimis-

Rabber and Wheat prices will prob ably be lower.

FOR SALE

Cotton prices are also expected to↑ A selection of the best varieties of" be lower. The reception at the

Burean Report and settlement of the Reliable and Tester

dock strike is very disappointing. Producers Pool holdings of fastures are reported to be around 900,000 bales. The southern “Spot" basis is higher.

REICHSMARK QUOTATIONS

FLOWER AND VEGETABLE.

SEEDS

from

"Messrs. Sutton & Sons.

Mowers. Arthur Tates & Co., “Tatilinin

Sydney

The opportunity of-serving..yan will be a pleasure and your coma- mands will have our best attention. GRACA & CO.

Berlin, to-day. — Reichsmarics quotations (without guarantee), yesterday were: New York, 40.245 Paris, 610; Amsterdam, 59.41; und London, 12.275. The Paris ster- ling quotation was 74.74-74.38, and the dollar, 1516-15.163-Trans-P.O. Box No. 620. Ocean Service.

To-morrow No Future, But What A Pas

No. 19 WYNDHAM STREET,

HONG KONG 1898.

"Black Sheep? -

DEAR SHEEPSA THIS DIME LAINT ASTIN' VA WHO 15 THE GREATEST DICTIPATORY ON EART

IYAM

TELLIN

YA RO

TES-ME

THAS WHO

THASA ANSULK-

LOEMANS

RESP

HONG KONG DOLLAR DIRECTORY

1936 ISSUE

NOW BEING COMPILED

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