1935-12-19 — Page 8

BANKS

HONG KONG AND SHANGHAI ↑ THE CHARTERED BANK OF BANKING CORPORATION INDIA, AUSTRALIA & CHINA,

Authorised Capital

$50,000,000 Locaporated by Royal Charter, 1853.

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

Sterling

Silver

$6,500,000

$10,000,000-

Eeserve Liability of Pro-

HEAD OFFICE: LONDON Paid- Capital

Agencies and Branches:

Reserve Fund

5,000,000) 000

000,000

Reserve Liability of Pro-

prietors

£3,090,000

HEAD OFFICE: HONG TONG.

Mangoon

BOARD OF DIRECTORS,

S. E. Dodall. Bag

C. C. Inight, For.

Deputy ChairĪDSE.

Hoa. M. WE Bell

Chairma

Alor Star

Antiban

-1pok

Bangkok

Karachi

Batavia

Calcutte Coment

Labe Xnsla

Ispar

Cawnpore

Fucking

Madras

Emping

Co

Colabo

Manila

Madnes

New York

Poping

Zamboangs

Hon. Mr. J. J. Paterson | Caba A. H. Compton Esq., T. E. Pearce Esq, MT. Johnson Esq., J.A. Plummer Esq. post G. Miskin Esq. A. L. Shields Esq.

AMOT

BANGKOK ZAKAZA BOMBAY CALCUTTA

CANTON

CE-OO

COLORBO

DAREN FOOCHOW HAIPHONG

HAMBURG

HANFOR

FARBEN

HONGLEW

LOILO

TYOR

JOHORE

KORT

ZUWLOON

T. X. Graybutton Bu

Chind ManngT

BRANCHES

MALA LUMPUR

LONDON

ZYONS MALACCA MANILA MTAR_{Johore) MUKDES NEW YORK

PRIPING

PENANG RANGOON

MIGOS

SAN FRANCISCO

SHANGHA

SINGAFURE

SOTRABAYA

SUNGE PATANI

**ENTSIN

JOKIO

INENGTAO

YOKOHAMA

Carret Accounze opened in Food CurrenCY and Fred Depoute received for one year or shorter periods" in Locni Curéncy mad Sterling en sarma, which will be quoted as application. AISO up to dan SAFE DEPOSIT-BUIES

TROUS TO LET.

Hong Kong, ist November, 1235,

HONG KONG SAVINGS BANK

The Business of the abonn Bank in conduct.

ed by the HONG KONG AND SHANGHAI PANKING CORPORATION.

seized co sppilestaa

| Hamburg

•Bankur

(Pang Pesang

Barben Hong Long

Forsien Emslangs and Osmers” Banking bus Current Accounts opend and Fixed Deposite excited foc-mos pour a shorter paroda si "mine which will be quoted on applicatio

A- BREARLEY,

|

THE CHINA MAIL, THURSDAY, DECEMBER 19, 1935-

Commerce and

Finance

LOCAL DOLLAR ADVANCES

"Spot" Silver Down

The local dollar has advanced 3/16 opening on demand this morning at 1/3-13/16.

to

"Spot" silver declined 17% 23. and there was no quotation for "forward.".

The Landon an New York cross- rate was quoteö at £—US$4.9931. as compared with £ US$49278. while the New York on London

cross-rate was unchanged at £—; U.S.$4.9258-

Manager WORLD'S SILVER

Hong Kong, 1st January, 1995.

THE

AMERICAN EXPRESS COMPANY,

ING.

Head Office:$5, Broadway, New York

Capital Sumples

Reserves

- ULS.$6,000,000.00 0,153,633.06 $70,731.05

BRANCHES

Amsterda

Jutwory

Atboo

Conce -Gringom

The lingua

Banke Berin

Bombay

Bramien

Havans Hamburg

Hatre Heidelberg

Zuzariakoo

Bales may ban

Earth Caro Calastia Cast Copenha

Loadou Linco

Laceran ZALONNO

Macraicion

FOR THE HONG KONG AND SÄÄEDRAI BANKING CORPORATION,

V. M. GRAYBURN,

Chief Maungat.

Hong Kong. th February, ING.

THE BANK OF EAST ASIA, LTD.

Authorised. Capital

Copenhagen" Dublin Edinburgh Flore Creava

Monte Carlo

Masia

Bo

.

MODE

Jas Nic

Parmesa Phen Peeping Pelermo Botterdam Bot Shanghai Southempion Singapor Tenta Jackzzana Tienna TROLO Toicobaa - Zarina

CENTRE

Changing From London To New York

*117

LOCAL SHARES,

-TO-DAY'S QUOTATIONS

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

Banks

H.K. Bank $1470 n. FF. Bank (London) £97 - Chartered Bank 512% Mercantile Bank A. and

229 1

Mercantile Bank ̊C. £131⁄4 Bank of East Asia $7011⁄2 1.

Insurances

SUBSIDIARY

BANKNOTES

EXHAUSTED

Kwangtung waiting

Fresh Supplies

SOME ISSUES BEAR VIEW

OF HONG KONG!

From Our Own Correspondent)-

Canton, To-day.. After exhausting its limited sup-

NEW YORK STOCK

MARKET

Prices Decline At

Close

FUTURE MATERIAL GAINS

DOUBTED ·

-Messrs. White. Weld and Com- pany. New York Correspondenta ¡for Messrs. S. E. Lavy and Cons

pany, report:-

Stocks: The markets to-day were

ply, the Kwangtung Provincial fairly steady chtil near the close Bank has suspended the issue of when prices declined on the break subsidiary banknotes until fresh in world silver prices. We doubt |

B. shipments arrive from London, if there will be any material gains New York and Hong Kong Durn the immediate future, unless ing the past eight days about

$100,000 worth of these small notes sont

were given out in exchange.

The monetary situation is some--

pears done:

NEW ADVERTISEMENTS

PUBLIC AUCTION

HE Undersigned have received

Tasurastions to sell by Public

20%

Friday, the 20th. December, 1935, commencing at 5.15 p.m.

at their Sales Room, „No. 4, Duddell Street

A Fine Collection of Valuable

Postage Stamps. Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers.

Hong Kong, 19th Dec, 1936.

expected bullish news 32 POLICE AND R.A.

at the horizon. Eusiness! 1,690,000 shares.

The magazine Standard Statis- ties reports:-

Canton Ins. $270 1. Union ins. $355 b. $665 s., $565 what eased by the release of these small notes. But at least another

Catton: Though there is a re- $300,000 worth of sach paper duction in the carry-over, there are money is required for local mar indications that new commitments.

sa.

China Underwriters: $1.10 1 China Fire Ins., $450 na EK Fire Ins. $260 m. International Assen. $4 n.

Shipping

Douglases R6 B FK Steamboats $i n Indo-Chinas (Pret). $30 n. Indo-Chinas (De) $11 z Shells (Bearer) 80/3 r. Union Waterboats $12 -

Mining Antamoks $1.35 1. Balatoes $17. Baguio Gold 22 cts. z. Benguet Consolidated $153 Benguet Exploration 11 cts. I Big Wedge 12 cts. 1. Gold Creek 30 cts. n.

London, To-day. Another step towards the trans-! Kerence of the world silver cen- tre to New York was an authori- tative comment on yesterday's the *events

London, when American Treasury was unwill- ing to buy even with sellers at

kd below the previous day's. quotation: while the fact that there continued to be a disparity between the London and New York silver prices renders New! York a more attractive market in-Gold River 7 cts. a. which to dispose of the metal — Reuter.

Branches of American Express Fid-up Capital $.508,600.00 Company in Principal cities of United

States of America and Canada.

Be and tadinded Profie

-$18,000 $90.00

2,680,000.00

HEAD OFFICE:-HONG KONG.

20, De Yaux Bood Cent

BOARD OF DIRECTORS;---

Sir Shonson Chow, Churzen,

Book Cina, Faq P. I. Ewok Eng. Want

In

the

WAITING GAME

Later: Washington, light of yesterday's silver deve lopments some silver dealers are of the opinion that the Treasury,

All classes of Commercial Banking in quitting the world market a

Transactions undertaken

Tua Tong. Eng.. Cha Cha Seck, Engled.

Leo T. Po. Esq, Chief Manager.

Li To Forg. Eoçi, Haungor.

BRANCHES AND AGENCIES ——

متنهما

Sagunki

Sourabaya Paralow

Semitie

Amoy

Batavia

Jomebuy

C

Sew York

Singapor

Cabaco Saphong Hackerw Komeniu Kobe LowLook Lutoa

Carica

Pacio

Porzing Fe Bangoon Saigon

*

San Francisco

Sydney *aikoku

2 orga Vancou Yokobama

Every description of Banizing and Exobangs biznes transacted. Loans granted on approved

Bongation.

Car Account opend in Local Currency and Fixed Deposite socired for me YONG A smarter periods Local and Foreign CrWELCHER e terms which will be quoted on "appisention.

Safe Deposit Boxes To L

Chief Magt.

together, intends to await the ad-

Personal investment accounts hand-justment of the world price to a level where other buyers besides

The Company ofers to intending the Treasury would be attracted Travellers the use of its "Travelers-Reuter. Cheques", and Letters of Credit and.

m addition; the world-wide services

Department.

of its thoroughly equipped ve BERLIN SHARE

E. W. DUGGAN,

Manager.

THE CHINA & SOUTH SEA BANK,

LIMITED

{Incorporated in China) Head Office-Shenzhai

Capital Reserve Branches-All Important Cities in

China

Foreign Exchange and General Banking Busine Current and Saving Account opened and Fine Deponite monired for one year or shorter perioda THE YOKOHAMA SPECIE BANK * in which wid be fooled on application.

LIMITED

Established 1880

Capisal (ful paid-up) Yes, 100,000,000 Reserve Fund

Yen. 127,450,000

Head Ofice: YOKOHAMA

Branches and Agencies at

Alexandria

Batavia

Berlin

Bombay

Cabantta

Canton

Dairem Dalny)

Nagasaki Nagoya

New York

Osaka

Peiping

Rangoon

Fengtien (Makdan) Rio de Janeiro

Hamburg

Hankow

San Francisco

Seattle

Harbin

Semarang

Hong Kont

Shanghai

Honolulu

Singapore

Krizking

Sourabaya

Sydney

Karachi

Kobe

Londen

Los Angeles

Manila

CON

Tientsin

Tokyo Thingtan

Yingkow

Interest allowed for Current

→

MARKET

Buoyant Mood Continues

·CHINA MAIL" SPECIAL

Berlin, To-day.

The buoyant mood that set in on $7,500,DOL.DO $1,500,000.00 Tuesday's share market held out yesterday, chiefly owing to the continuation of the satisfactory trade figures, so that prices stiffen- not as greatly as they ed, but might have been expected to do. because wher

operators saw in- vestors buying, they proceeded to sell so

as to take their profita Thus the two sections of the mar- „ket worked against each offer, but

at the net frend was upwards.

HONG KONG BRANCH: 2. D Toux Bond Central Masseur's Office

Foreign Exchange Dept.

Gement Offer

Xanager.

THE WING ON BANK, LTD.

---- Head Office: Hong Kong

26, Des Voeux Road Central. Authorised Capital $10,000,000

Fixed interest securities were likewise brighter, interest rebate: certificates being sought and ris- ing a point, industrial bonds also being firmer. Call money: Foreign Eushange and every des-jwas at 2 to 24 per cent-Trans- cripton of banking business transact- Ocean Service.

ed.

LONDON BANKERS:— Westminster Bank, Ltd.

"Correct Accounts and Savings Ac-1 counts opened. Fixed Deposits re- ceived at rates which will be quoted on application.

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

REICHSMARK QUOTATIONS

Berlin. To-day. Reichsmark quotations (without guarantee) yesterday were: New York, 40.25: Paris, 6085: Amsterdam, 59.235; Deposits received for fixed periods and London, 1225. The Paris at rates to be obtained on application, sterling quotation was 74.42-

C. KISERNÁMI,

24.45 ર the dollar, 15.2%- * Manager, Hong Kong, 12th September, 1935, 15.10%-Trams Ocean Service

POPEYE

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up.

$5,000,000 Reserves

$7,300,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $500,000.

Head-Office-Shanghai, fan

A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad. Hong Kong Office -

"He Was Waiting For A Street Car

IT'S LATE...) MUST GO

HOME NOW,

KIN L-TAKE.

GLUG GLUG

Ice House St Phone 31481-2-3

Ipo Mining 90 cts. D. Itogons 354 cts I. Salaents 15 cts. I. Kailan Mining Ad. 10/3 n. Langkats (Single) Sh.$12 n. S'hai Exploration Sh.$434 n. Shanghai Loans $51⁄4 n- Raubs $9.70 2. Ex. div. Venz; Goldfield $3 b.

Docks, etc.

K and K Wharves $9184

(old)

HK and K Wharves (new)

$89 *B

HK and W. Docks $9 Providents. (old) $1.45 s. Providents (new) 15 cts. Hong Kew Sh. $2274 1. New Engineering Sh$4 m Shanghai Docks. $30 n.

Cotton Mills Ewo Cotton Sh39 n. Shanghai Cotton (old)

Sh.$75

Shanghai Cotton (new) Sh.$4134

Ja

1.

Zoong Sings Sh.$12 z. Wing On Textiles Sh. $25 ¤, Lands, Hotels, etc. HE and S. Hotel $5 n HK Lands $341⁄2 bi HK Lands 4% Debentures $100

11

Shanghai. Lands Sh $20 m. Metropolitan Lands Sh. $10 Humphreys $10% n. HK. Realties $5.15 a. Chinese Estates $86 n. China Besities $4 m China Debentures Sh.$35

Public Utilities): "HK Tramways $14.40 n Peak Trams (old) $5 n. Peak Trams (new) $4 n Star Ferries $89 8 Yzumati Ferries $17 mi) C. Light $10.80 3.

HK Electrics $59 s. Macao Electrics $20 1. Sandalen Light $210 n. Telephones (old) $25 s Telephones (new) $92 China Buses Sh.$11. Singapore Traction 17/- n. Singapore Traction Pref. 26/-

Industriala

Malabon Sugar $8.40 n- Cald. Marg (Ord) Sh$191⁄2 2 Cald: Macg. (Pret), Sh$15_n. Canton Ices $1.60 33.

Cenients $6, n.°

HK. Bopés $4.65 x-

GLUG

kets.

*

SHARE 4 GOALS

ON K.F.C. GROUND

(Continued from Page 1)

will be delayed until the AAA safe pair of backs, while what All new subsidiary notes print-and Bankhead Acts are settled little that came McHardy's way. ed by the American Bank Note the Supreme Court.

was dealt with in great style. The Company, of New York contain a

Bubber: We would purchase Artillery missed a glorious chance shot pictare of Hong Kong harbour as

of equalising when Coyle any sizeable recession. viewed from the praya. HMS

Silk: Our opinion is against wide with only the goalkeeper to Tamar and several typical Chinese purchases at the present moment. [best: .

Stevens' Second Goal Wheat: We would delay par junks are plainly visible in the design Why a harbour view of chases pending a clarification of Play was then transferred to- Hong Kong is printed on the notes the Canadian marketing policies the R. A. half, when Stevens- is unknown.

Flash: Average daily petroleum scored his second goal, this time The other subsidiary notes bear production during the past week from a difficult angle. For the picture of the Pearl River is estimated at 2,869,000 barrels, time the Police monopolised the- Bridge or the Chungshan Memorial

against 2,785,000 barrels the prepisy, but, following a free kick Fall

the- vious week

for hands against one of Edison Electric Institute Police defenders, Smith sent in a The Repeated announcements have been made by the Provincial De estimates electricity production at hard shot which McHardy only partment of Finance that a board 1,983,000,000 kwh an increase of partially cleared for Knight to from the corres dash in and find the net with a would be formed to supervise the 122 per cent. issue of banknotes, but nothing is ponding period of last year. known as to when such an organisa- tion will come into being.

BANK OF CANTON LIMITED

Shareholders Decide To Carry On

REORGANISATION SCHEME APPROVED

at--the

HOME PEPPER SCANDAL

Director's Evidence Of Large Commitments

ENTERED INTO WITHOUT HIS KNOWLEDGE

How-drive.

B

Immediately after the interval; Brittain handled in the penalty area and Knight equalised from the

"spot kick.

Spurred on by this success, the Gunners played much better foot- ball and the Police defence were given a harrasing time. Towards the close, however, the Police came very near to scoring on one or two occasions, but the Artillery defence held out, the final whistle sounding with the score—st – 2- goals all, which was a very fair indication of the general rum of the play.

NEXT YEAR'S FAIR

London, To-day. Yesterday afternoon.

At the resumption of the Palice: McHardy: Blackburn, Brit

Rose, Chinese Chamber of Commerce, pepper hearing Mr. Andrewtain; North, Gough, Parker: following a shareholders' meeting Barrie, solicitor, testised that Stevens-Johnson, Brooks and 16065.

Artillery.. Dwham; Price. Clancy; in the morning, a meeting of de he had been invited to join the Taylor, Moston, Hunt; Nash, Coyle, positors and creditors of the Bank board of Williams. Henry and Reece. Knight and Smită.

He subsequently of Canton took place, some 500 Co. in 1928. persons being present, at which it joined the board of Messrs. was unanimously agreed that busi-James, Shakespeare and Co ness should be resumed at the and also the Sumatra Co., and Bank's head office in Hong Kong said that although the minutes A reorganisation scheme, ad- of the Sumatra Co. showed that dressed to the creditors, was pre- he had joined the board, he did Isented to the meeting and approv-not know about it until a con-

ed, with two dissentients only. siderable time afterwards.

London, To-day. Mr. Chu Yum-chi was elected The minutes stating that he at-

It is reported that more than Chairman of the meeting, while tended the directors meeting 1,000 buyers from all over the was present were wrong, including the minute world have already announced Mr. J. M. Wong watching the interest of the share alleging that he wished to be re their intention of attending the

elected lieved of his directorship owing to British Industries Fair in London. Messrs. J. M. Wong, Chu Yun-chi extreme pressure of business. and Birmingham next February,

bolders- The meeting

Ho Ching-hoi and Chan Kan-po to prepare z petition to the Core ment asking for official permission to reopen the Bank.

Stores, etc. Dairy Farm $19 a Watsons. $42

Lane, Crawford $6 n. Mackintosh $5. Sincere $1,35 Wm. Powells 70 cts. Wing On (HK) $40 1.

Miscellaneous

Entertainments $3.402 SC Enterprises $1.35 n Macao "Greyhounds” $2 z Constructions (old) $2 n Constructions (new) 55 cts. n. Vibro Piling $4 n.

Ch. Govt. 5% 1925 G$Bdx

H.K. Govt. 4% 5%

Increase In Buyers Already Shown

that it was which represents already a 25 per Mr. Bazrie' stated not until the meeting of the board cent increase compared with 1954, the Fair was last held of Williams, Henry on November when

29 that he was informed that simultaneously in London and British Wireless there were large pepper comunit-Birmingham. ments He protested to Mr. Hardy Service.

against entering on large commit-

ments without his knowledge of ap-

proximately 21,000 tons valued at RAW RUBBER PRICES

£2,000,000, falied to get a

tory explanation, so he re-

signed from the board of Williams, Latest Quotations From

Heng

Singapore

Messrs. H B Joseph & Co.,

received the following-

Afterwards he discussed the pepper position constantly with Mr. Hardy as a director of James bave Shakespeare. The witness's re-Straits Currency quotations from signation from the board of James Singapore for Raw Rubber.

Spot 21 % Up Y1⁄2 b. 22 s. Shakespeare was accepted on Jan- uary 21, 1935, although it had been January/March 22 1⁄2 Up 4 b

22 tendered in November. He re- signed because he was annoyed April/Jume 23 Up 4b, 23 % 3: that these transactions were en-July/September 23 1⁄2 Up 1⁄2 buy.

#K. Govt. 32% Loan Ps. n. tered into without his being con- / 6.

Isalted-Beater. Wallace Harpers $4 n.

To-morrow. — “Out Of The Frying Pan.”

THAS THE LAST TIME

ILL EVER TAKE A BLASTED

MERMAID HOME

Market:--Steadier.

YA HOME?

CERTAINLY

GBYE

SMACK

HONG KONG DOLLAR DIRECTORY

1936 ISSUE

NOW BEING COMPILED

SEND IN YOUR INFORMATION POE NEXT YEAR'S DIEGO

NOW

Wyndham Street, Tel.