1935-12-12 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION ....

Authorised Capital

THE CHARTERED BANK OF INDIA, AUSTRALIA. & CHINA,

...............$50,000,000 Incorporated by Royal Charter, 1953,

Lasued, and Fully Paid-up.. 20,000,000 | HEAD OFFICE: LONDON Reserve Frndsz...

Sterling

Salvem

5,500,000 $10,000,000

Esserve Liability of Pr

prietors

Paid-up Capital

Reserve Fund

£3,000,000 „£3,000,000

$20,000,000

Seserve Liability of Pr

prietors

£3,000,000

Axor Stan

Bangoon

Ansibar

Saigon

Semarang

HEAD OFFICE - HONG TONG.

BOARD OF DIRECTORS,

S. I Dodanet! S

CHALTE

C. Bargh, Sag.

Deputy ChaZTTISO

Hon. Mr. W. H. Bell

Bangkok BASATIA Both ba

• Hoa X1 J. 1. Paterson! C

Agencies and Branchers.

5""hi Kinde

دمة

►

Cicutan

Evada

Catrupore

Lang

Madr

Mazzin

Deila

Yew York

Handwerk

·Bansoe

A. EL Compson Esq., T.E. Pearce Esq. Colun

MT. Jobason Esq., J.A. Plummer Esq. G. Miskin Esq. A. L. Shi-lds Esq.

V. M. Greyoua. Ema

ΑΠΟΣ

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

CANTON

ΔΕΣΤΟΣ GULOMBO

DAIREN FOOCHOW

MALPNONG

HAMBWER SANKOW

HARRIN

HONGEEW

COHORE

IOS2

YOWLOON

O BRANCHES.-

KUALA LUMPU'S

LONDON

LIONN

MALATCA

MANILA

KAR Uoburni

MURDES

NEW YORK

VELPING

PESANG

RANGOON

NATION

SAN FRANCISCO

SHAM HAI

SINGAPORE

SOCHARAYA

SÜNGEI PATANI

TIENTSIN

TOKYO

TSINGTAO

YOKOHAMA

ut account opened, Zasoul Cummary.

Bow Fatra Depouta incertez que than you? ja shorter perioda iz Local Carmacy and Sterling

da terma whach i be quoad is app. Albu up to date SAFE DEPOSIT BOLES $20 TU LET.

bong Kong. Si Siamessunt, LG,

HONG KONG SAVINGS BANK

* Bezdime of the atoma Brun ve YOQATA

ed by the HONG KONG AND HANGHAI

- BANKING—QURPORATION

Baum-may-daa

FOR THE SONG 3G AND SHANGHAI

mained sa applicant.

BANKING, CARPORATION.

NUKU GRAYBURN,

Hong Kong, with Sionary, best.

THE BANK OF EAST ASIA, LTD.

Authorized Capita

Paid-up Cak

Beserve and eyed o

“--

Harken

Hong Ancie

وني

Paping

Pricing) Prianz

Sheagha

Singapore

Sitiawan

Searsbaya Σείριος

Testest Toock

(Bhaker) Taing Tokobama Zamboangs

Fange Exchange and General Banking business

sected

Career Acercati opened and Fined Depositu

CONTRE LUT HOW TAT or shorter penode as

which will be quoted on application.

A. BREARLEY,

THE, CHINA MAIL THURSDAY, DECEMBER BES

Commerce and Finance

LOCAL DOLLAR DECLINES

Forward-Silver Price Unquoted

The local dollar has declined; s, opening on demand this mörn- {ing at 1,59%.

"Spot" silver-was quoted at 1974, and there was no quotation

for "forward.”

The London on New York oross-

was unchanged at £—US$4- 1924 35 compared with S-US. 4.90%. while the New York on London cross-rate was quoted at {£-U.S.$1.923%, as compared with

Mazager.US$4.93

Hong Kong, 1st January, 1935.

*THE

AMERICAN EXPRESS COMPANY, INC.

Head Office: 65, Broadway, New York

Capital

Surplus

Resexres

But we Atbra

· US $6,000,000.00 2,183,633.06

- 870,731.05

BRANCHES:-

GADDA

Gango

The Hague

Nie Sapien

Teiermo --Becserdam-

Shanghai"

Hatana

Parwen

Boar Bay

Borse

Becamana

C

Bamburg Havy Heidelber

Zerunkiem Section

Perpin

CADTIME

Copenhagen

PETELAH

Eta bunge Florence +Jasmi

Carlo

thewch Xostret

Tena

Vir

Fenice Yokodama Zurica

Singapore

+

BERLIN SHARE MARKET

Almost Stagnant Yesterday

- CHINA MAIL" SPECIAL.

Berlin. To-day. The share market was almost stagnant yesterday, prices Buc- tuating but slightly. On the fix- ed interest securities' market an- other spurt in Mexican Loans oc- |curred, bayers hoping-to-profit by 2 rise should the rumours about the resumption of the debt ser-

ice prove correct.

Other sections of the market were neglected by the public, so that the prices changes were small. Call money

was at

to

3 per cent---Trans-Ocean Seri

Branches of American Express vice. $249,000.00 Company in Principal cities of Unized

States of America and Canada",

HEAD OFFICE - NG KONG

BOARD OF DIRECTIUS

+

Sat Shaymate Given, Churizati

All classes of Commercial Banking| Transactions undertaken.

Perconal invastzzert accounts hand-

Lá Boon Chun. Em 1. 2. Kwon, Fr 07 Inn Tong. Eng Chau Cina shek. Eng kai J Bent. Eng, Wang die man dag, suci Dan Ting : led.

Sty

Jumalaay

Coloria Canicu

La Ja Zorg Deja Musgra

DRANGES AND

Fimphoos Hankow Monolulu

Kobe Xiao

K

ان برای مورا من

Putin

1-unit

Horadiz mati

AGENCIES:--

Tradition

hang

مه

.

Every Amarpacking and Exchange

LUZILADI.

se

Luma antud appeared

Current Accuuber spesed in Laws ComeseY

But Fixed Deponin meymimed fur atas pastor ↑ shorter periode in ima od Purmgai Currencie on her wouch will y quised on application.

Sala Deponit Buz

KIN TONG PO

Share Manager.

COAL INDUSTRY SITUATION

Statement Declined By Government

i The Company offers to intending Travellers the use of its "Travellers Cheques" and Lesters of Credit and, In addition, the world-wide services

of its thoroughly equipped Travel dustry was Department.

E. W. DUGGAN,

Manager.

London: To-day.

The situation in the coal in- debstec in both Houses of Parliament yesterday afternoon. In the Commons the Secretary for Mines, Captain Crookshank, declined to make any] statement on the substance of the

THE CHINA & SOUTH SEA BANK, claim in dispute betwees the min-

LIMITED

(Incorporated in China)

Head Office-Shanghai

Capital

$7,500,000.00 Reserve..

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

ers and owners, whilst

the nege- tiations, which had been charac- terised by good feeling and in which he had been acting as a negotiator, were still going on- fa British Wireless Service:

Chiza Farm Zorbangs and Gaustai. Backing Business

SHARE MARKET

TO-DAY'S QUOTATIONS

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

Banks

HK. Bank $1,375 b. HK Bank (Lon) £97% 1 Mercantile Bank A and

$2934 L Mercantile Bank C. $13 m Bank of East Asia $70% z

Insurances

Canton Ins $260 - Union Ins. $570 3. $570 sa. China Underwriters $1.10 2. China Fire Ins. $450 n. HK. Fire Ins. $245 1 International Assce. $4 11.

Shipping

Douglases $56

HE. Steamboats Si 1. Indo-Chinas (Pref.). $30.1. Indo-Chinas (De) $11. Shells Bearer) 81/3 2. Union Waterboats $12 -

Mining Antamoks $120 b.. $130 s. Balatoes $174 D. Baguio Gold 29 ets. 2. Benguet Consolidated $15% Benguet Exploration II cts. 1. Big Wedge 12 cts, n Gold Creek 30 etc. D Gold River 7 cts. 1. Ipo Mining 90 cts. n. Itogons 36% cis. 3. Salacots 15 cts, a

NEW YORK STOCK

MARKET

Background Still Favourable

MINOR GAINS- REGISTERED

We would

RECONSTRUCTION NEW YORK STOCK

IN KWANGTUNG

BONDS ISSUE IN CANTON

FOREIGN INTERESTS INVITED- TO SUBSCRIBE

esment

EXCHANGE

Latest Quotations

The following quotations were r ceived by Bexte

December 12

close +

10.20 12.00-

NYLondon NY. Cotton-

May

Last

49$

1137 11.97 11.27

73.19

13.25

959

95

594

50.4%

284

16

16

16

5344

55%

134

132

40%

*S

སྙམཱ

28

40

Messrs. White Weld and Com-

(From Our Own Correspondent] pany, New York Correspondents

-Cantor, To-day. ¡for Messrs. S. E. Levy and Com

Foreign banics and commercial pany, report:--

Stocks: With the silver situs-arms in Canton have been invited Mr. Rubber

March tion somewhat clearer, the stocks to subscribe to the $5,000,000 re

Chicago Wheat construction bonds, which were markets to-day were steadier, with delivered here on Tuesday night Chicago Corz

May a majority of securities register after being printed by the Com- B. ing minor gains.

Mar The back

mercial Press. Ltd., in Shanghai. - STOČKS: ground is still favourable and we believe that demand for special sealed yesterday and will be open Elec. Bord &

These bonds were signed and Anaconda Copper issues will continue.

for subscription upon the return advise holders to hang on to of Mr. Lin Yun-kai, Chairman of General Motors 55

Share their long positions as we are of the Kwangtung Provincial Gov Int Tel & Tel 134 the opinion that a bullish attitude

Montgomery is still warranted. Business done: three

from Shanghai. The

Ward Government banks

in NY. Centrai 2,130,000 shares.

Shanghai undertake to dispose of US. Steel Cotton: Continued weakness of $3,000,000 worth of those bonds,

45% 46% 464 silver and increasing apprehen-the balance being intended for don

The following quotations from Lon were received last night be sion of adverse Supreme Court South China markets.

tween 5.30 pm and 10.30 pm. decisions

are causing hear

Silver Spot 28% (last close), Foreign concerns are invited to (last red.), 1 down (change). liquidation. The market is in a buy these bonds, which are ap- healthier condition and we think proved by the National Govern-quoted [ that purchases on farther setbacks.

jment The proceeds from the Sai

Silver Report:-Sellers were are advisable

stricted to Chuen

amount America Cement Works are Wheat: Demand

ear willing to buy, which is believed to continues marked as security for these bonds, be about 7 per cent of the amount poor and the Canadian selling which may policy is causing some

be bought by bank-jof offering.. uncer-notes. Goverment negotiable in-

Liverpool Cotton-January- We would prefer acstruments or silver coins. tainty.

(last close), 6.37 (last reod), „03; up esmulation of holdings on

(change). If payment is made in silver backs. Total sales:

Liverpool Wheat-December 5/11% Wheat: coins, the usual premium Corn: 3.961 per

of 20 (last close). 5/11% (last recd.), 20.730,000 bushels

cent is allowed. Proceeds down (change). 000 bushels.

from these bonds will only allow

London Ebber-April-June (bay Flash: Average daily petro- for some improvements to the recd.), unchanged

ers) 5/16-(last close), © 7/16" (last leum production during the past existing Government factories, as week is estimated at 2785.000 the amount is not sufficient for 5 (last recd.): barreis the previous week.

Kailan Mining Ad. 11/3 n Langkats (Single) Sh-$11% n S'hai Exploration Sh$436 n. Shai Loans Sh. $5% . Raubs $9.35 b.

Venz; Goldielä $234.

Docks, etc.

HK and K Wharres (old)

$89 .

set-

new ventures.

Chairman Lin

The Edison Electric Institute. estimates electricity production scheduled to leave Shanghai yer-

corres-President Mckinley.

Silver Forward 25% (last close)..

STK

6.34

London Rubber at noon (buyers)

A forecast from London on probable trend of the New York Tun-kai was markets, states:

Traders on Wall Street are ́expect»- the market will depend on advices from Europe.

at 1970.000 kw.h, an increase of terday for Canton aboard the ssed to be besitant and the trend of 13.0 per cent.

from the ponding period of last year.

Rubber prices will probably bea Hizle better, while beat prices are

COMMODITY PRICES LONDON SILVER expected to be unchanged.

The following quotations have HK and K Wharves (new) been received by Beater.

386 5.

K. and W. Docks $9 1. Providents (old) $1.40 Jär Providents (new) 20 cts. Hong Kew Sh. $2374 n. New Engineering Sh.$4 m Shanghai Docks. $80 n.

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

Zoong Sings Shi$12 n

March

MARKETS

The Cotton market is anticipated to role steady. Sentiment has been disturbed by the Silver market. mazager of the Producers re-reiterates their policies will remai

unchanged. Fertilizer sales are very large.

Messrs. H. B. Joseph & Co., Prev. Yesterday ceived the following metal quota-j Closing Closingtions from London, through Reu-)

ters. London: December 11 (Wed- nesday).

Copper, Standard, Cash, 235-2-6] b. Down 76 2599 s.

*

months,

Copper. Standard. 35-10-0 b, Down 7/6 £35-12-6 s.

Copper, Standard, Electrolytic,| $39-5-0 b., Down 10s. £39-15-0-s Tin, Standard. Cash. 219-0-0 h Down 13s 219-10-0 s.

Tin, Standard, 2 months, £208 5-0 b Down £1-58 208-10-0 s.

Lead Foreign, Official Price,

New York Cotton:-

December

11.56

11.41

January

11:62

11.36

11.41

11.16

yMnte

11.32

11.06

1J035

11.23

10.92

October

10.97

10.72

Sh$75 Spot

12.10

*11.30

Shanghai Cotton (new)

New York Rubber:- Sb-443 December

12.93

12.96

January

13.01

13.05

March

13.19

13.23

4.

Wing On Textiles Sh. $25 0. Lands, Hotels, etc.

May

13.35

13.33

July

13.46

13.50

H.K. and S. Hotel $5.35. n. HK: Lands $36 m.

Chicago Wheat: December

96

95%

953

July

89

95 88%

Chicago Corn:

Metropolitan Lands Sh: $10 December

58

58%

Humphreys $10% n.

May

59%

59%

HK Realties $574-1 Chinese Estates $86 = China Eesties $4 n China Debentures Sh.$85

July...

60%-

60%

Winnipeg Wheat:-

Talue.

December

83%

833

May

87%

87/8

July

37%

15s paid and buyers.

81%

New York Silk:

December

196% -194561

March

1.92

191

May

1.91

1.90

HK Lands 4% Debentures $100 |May

IL

THE YOKOHAMA SPECIE BANKS As opened and Fized RAW RUBBER PRICES Shanghai Lands Sh20 2.

Dugemale muraimed for one year' or shorter paroda at “ates which will be quoted on application...

600 2 CHÚNG

Manager.

ausG KONG BRANCH:. 3. D. Trax Bond Central.

LIMITED

Established 1880

Capital (full-paid-up) Yen. 100,000,000 Reserve Find

Foreies Exconn Dep Сменный обна Colier's

Yen: 127,450,000

Head Office: TOKOHAMA

Branches and Agencies at

Alexandria

Bataviz

Berlin

Bombay

Calcutta

Canton.

Dairen (Dalny)

Hamburg

Nagasaki

Nagoya

New York Osaka

Paris

Peiping

Pangoon Fengtien (Maiden) Rio de Janeiro

San Francisco

Seattle Semarang

Hankow

Harbin

Hong Kon

Honolulu

Hrinking

Karachi

Kobe

London

Los Angeles

Manila

Moff

Shanghai Singapore Sourabaya Sydney

Tientsin

Tokyo

Tsingtan

Yingkow

faterest allowed for Current Ac

counts.

VINI, SUSCE

SKLE

Latest Quotations From

Singapore-

Messrs. E B. Joseph

& Co. bave received the following

THE WING ON BANK, LTD. - Straits Currency quotations from

Head Office: Hong Kang 26, Des Voeux Road Central. Authorized Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. -Foreign Exchange and every des cripton of banking business texasact-

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

Trusteeship & Executorship under-} taken. Safe Deposit Boxes for hire.) PHILIP GOCKCHÍN

Chief Manager, -

QUALITY PRINTING

Deposits received for fixed periods With Quick

at rates to be obtained on application |

C. KISHINAMY,

Managez

Hong Kong, 19th September, 1965,

Singapore for Raw Rubber.

Spot 213% b., Up 1⁄4 21% a. Jan-March 224 b., Up

5.

223

April-June 2234 b. Up 4 223

July-Sept. 234 h. Up % 23% s Market:-Steadier.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up $5,000,000. Beserves --------

$7,300,000 Capital Savings Dept $500,000." Beserve Savings Dept.". $600,000. Head Office Shanghai

Bank having as its mission e industrial development on Gates, and the fostering of her

innercial relations abread.

*7, Ier House St. Phone 21431-2-3

POPEYE "No Future, Bat What A Past !.

ANYWAYS.DEAR SHEEP!

F1 GOT TO MAKE

ME SHEEPS BELIEVE

IN MELANKOY:

1 YAM GONER

SPEECH!

LADIES

(CHA TO HAVE IN ME-

·BLAST IT.

FAT

NOU

•BIG

EGG-

PAN

THERE

GENTEMEN

AIN'T

NO

LADIES

AW GNATS

POOEY TO

Public Utilities H.K. Tramways $14:30 sa. Peak Trams (old) $5. Peak Trams (new) $4 n. Star. Ferries $89 n. Yaumati Ferries $17 m C. Light $10.95 n HK. Electrics 268/67-82. Macão Electrics ($20 ̊n;-5) Sandikan Light $2.10 ng Telephones (ald) $251⁄4 ̃ ̄n. Telephones (new)-391⁄2 m China Busca Sh.$111⁄4 n Singapore Traction 16/6 b. Singapore Traction Fref 26/6

--

Industrials

Malabon Sugár $8.40 1- Cald. Macg. (Ord) Sh.$191⁄2 z. Cald: Macg. (Pref.), Sh.$15 Canton Ices $1.60 m Cements $64π

HK Ropes $4%%%2

Stores, etc. Dairy Farm $19 n

YOU FROM WEW YOUR USED TO BE BOST A COMMONS SAILOR AND

A PRIZE- FIGHTER

Watsons $4. Lane, Crawford $64. s. Mackintosh $5. a. Sincere $1.35 1. Wm. Powells 70 cts. n. Wing On (HK) $40 mi..

Miscellaneous

Entertainments $3.40 a S. C. Eaterprises $1.35 m. Macao "Greyhounds” $2`n. Constructions (old) $37 s Constructions (new) 55 cta. s. Vibro Piling $4 n. 7) Ch. Govt. 5% 1925 G$Bds.

91%

HE Govt 4% Lazn 4% prem.

b...

FLK Gost 32% Loan Paz n. Wallace Harpers $4

416-17-6 3. Down 7/6.

Lead. Foreign, Official Price, 3 months, £16-18-9 b., Down: 6/3.

Spelter, Ordinary, Official Price £15-2-6 b., Down 6/3.

Spelter, Ordinary. Official Price 3 months, £15-7-6 b. Down 716.

Final Afternoon Transaction Tin, Standard, Cash, £219-10s

Pool

RESEARCH FOR RAILWAYS

New Laboratory For L.M.S.

London, To-day.

*

The London, Midland and Scot-- tish Railway has established new research laboratory, the main function of which will be to con- sider special points of the chief materials used by the railway, such as metals, woods, paints and Varnishes and textiles The most modern scientific equipment for the purpose has been installed.

There

is also a wind-tannel, in which the effects of "streamlin- Tin, Standard, 3 months, 520sing" can be studied and measur ed. The laboratory was formally Straits Tin--New York Market opened by Lord Rutherford --

Straits tin, cif, New York, (25, British Wireless Service,

*

ton lots), sellers, per Ib. 49% ̄ets,

down 1/2 ct.

Market: Easy: M

WHOLESALE PRICES

IN BRITAIN

Slight Rise In Index Figure Shown

London, To-day

FOR SALE

A selection of the best varieties of

Reliable and Tested FLOWER AND VEGETABLE SEEDS from Mesurs. Sutton & Sons. Beading

Wand

Messrs. Arthur Yates & Co, Ltd,.

Sydney.

ll be a pleasure and your com The opportunity of serving you and will have our best attention. ra

The Board of Trade index of wholesale prices in November shows an increase of 0.1 per cent. in the average level, as compared with October, and an increase of |4.2 per cent as compared with November of last year, the prices for three months being 912, 911 and 87.5 respectively-British PO. Box No. 820. Wireless Service

To-morrow By The Beautiful Sea"

IT AINT WHAT USED TO WAS. IT'S WHAT I'M GO'NER BEEN" YA IGMORANT SWABS?

GRACA & CO.

No. 10 WYNDHAM STREET,

TONG KONG Established 1996.

Hong Kong DOLLAR DIRECTORY 1936 ISSUE

NOW BEING COMPILED

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