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THE
COMMONS & CHINA
SIR A. CHAMBERLAIN ASKS ...
QUESTIONS
MANY TOPICS DISCUSSED
London, Yesterday.
CHINA MAIL,
MONEY AND SHARES
THE SHARE MARKET
Hong Kong Stock Exchange
In the House of Commons Com- mander Locker Lampson raised the question of the Boxer Indemnity. T.T. on London He thought the time had come when T.T. on Shanghai the Chinese Government ought to have greater control of these funds H.K. Bank under the Act of 1890.
H.K. London Reg:
BANK NOTES
Local Circulation And Reserve
Returns of the average amount of Bank Notes in circulation and of specie in reserve in Hong Kong, during the month ended June 30, 1929,
the certified by Managers of the respective Banks are as follow:-
as
.1/11
$83
Banks
.81240 b £131 n £19% b .233
£15 n
Banks
Chartered Bank
Sir Auzten Chamberlain then Chartered Bank asked questions with regard to Mercantile A. & B. the conversations of the British Mercantile C. Minister with the Nanking Govern- P. & O. Bank ment. He said he assumed the Bank of East Asia Government would base their policy
in China upon, the principles laid down by British declarations of
Insurances
Canton Insurance Union Insurance
Septemper 1926 and January 1927. North China Insurance
If so, he hoped there would be no disagreement between the two sides of the House with regarti to the policy to be pursued..
Mr. Henderson, replying, limited himself to a review of the con- versations of Sir Miles Lampson with the Chinese authorities on the subject of a commercial treaty, the rendition of Wei-hai-wei, extra- territoriality, and the allocation of| the Boxer Indemnity.
INDEPENDENCE DAY
FEWER CASUALTIES IN THE STATES
MOTOR-CAR FATALITIES
New York, Yesterday, There is a great diminution in the number of analties in In- dependence Day celebrations."
The only fatality in the metro- politan area has been a child who died from burns.
Sudden deaths in all parts of the country total 150, which is 46 less
than a year ago.
Seven deaths-were-due to fire works explosions, compared with eleven last year; and seventy-one were deaths from burns, a decrease: of thirty-five..
Motor car fatalities were seven- ty, compared with fifty-four.- Reuter's American Service.
JAPANESE POLITICS
SHINTO CLUB AND THE SEIYUKAI
T
GENERAL ELECTION LIKELY
Tkoyo, Yesterday. The Shinto Club of 26 Diet members, of which Mr. Toltonami is President, have decided to amalgamate with the Beiyukai, thereby ensuring the latter
.591⁄4 1 ..$30%
..$630 n $324
.$160 b .M$50 A
Yangtze Insurance China Underwriters $2.10 a 1.80 sa China Fire Insurance ...$305 b $770. b H.K. Fire Insurance
Douglases
Shipping
$27 -$251⁄2 8: 32:60 & b 498
H.K. Steamboats HK. Tugs & Lighters Indo-China (Pref.) ..$47 Indo-China (Def.) Shells Transport (old) 93/- Shell Transports (new) Union Water-boats
Mining
Benguets
..570 n n x d.
of India,
Australie and
Average Specie
Amount. In Reserve.
China $10,172,263 $6,300,000*.
Hong.
Shangh Banking Cor portation.. Mercantile Bank of In- dia, Ltd...
51,018,655 34,000,000†
$60,000%
1,773,063
: Tolat
$68,963,082 40,060,000 In addition Sterling Securities are deposited with the Crown Agonta valued at £1,262,300, In addition Securities deposit- ed with the Crown Agents and Straits Government valued at £2,990,442.
In addition Securities deposited with the Crown Agents valued at £180,000.
The following statement of the securities lodged with the Crown Agents by the Mercantile Bank of India, Limited, against their notes in circulation, is published for gen- eral information under Section 5 of the Mercantile Bank Note Issue Or- dinance, 1911, (Ordinance No. 65 of 1911):-
Latest
.$22 n
Kailan Mining Ad.
Langkats (comb.)
Langkats (single)
Shanghai Explorations
Shanghai Loans
$3 n .63/9 n T14 s .77 s $24 8 T4%
Reubs
Docks, Wharves, Godowns,
.$6.90 b .21%- b &c. $124 b .$35 n T4.10 b .T168 n ..Te b sa
Security 536% Treasury Bonds repay- able at 100 in
1930
Tronoh Mines
H.K. & K. Wharves H.K. & W. Docks China Providents Hongkews
New Engineers ..... Shanghai Docks 137 b 187
Cotton Mills Ewo Cottons 13.45 13.50% sa Oriental Cottons
.T2 b Shanghai Cottons (old) .T78% b Shanghai Coltons (new)..T34% b Lands, Hotels & Buildings F.K. & S. Hotels
$8.65 b H.K. Lands
.$601⁄2 b 81 sa Shanghai Lands
147 b Humphreys' Estates H.K. Realties ER. Territorials Prince's Buildings
Public Utilities H.K. Tramways Peak Trams (old) Peak Tram (new) Star Ferries China Lights (comb.) China Lights (old)
240 votes in the Diet against the China Lights (new)
Amount mkt. price.
£180,000 100%-100%
EXCHANGES
TO-DAY'S QUOTATIONS
4
months'
On London- "Bank, wire
1/11 % Bank, on demand... 1/11 3/16 T134bBank, 30 days' sight .$7.70 b |Bank, 4 months' sight 1/11 %
Credits, sight
2/- 1/8 Documentary 4 months'
sight.
2/- 4
1197
127214
..$13.35 b
.319.15 a .$11.80 n
On Paris-
On demand
,$6.05 л $64% n
Credits, 4 months'
sight
On Berlin-
On demand
[13% sa
On New York-
..$13.20 b
On demand
46% Credita, 60 days' sight 481⁄2
On Bombay....
Wire
1294
On demand
129%
1434 b .11/- $19/6 b .$2% 8
On Calcutta- Wire
1294
On demand
1293%
On Singapore-
On demand
831/2
On Manila-
.$90 ets. boa demand
94
.$27 n On Shanghai- $2.10 b On demand
82%
inseito's (Government Party) 170. China Lights 1928 issue. This undoubtedly increases the neces-H.K. Electrics (old)....$55.85 b lefty of the Government dissolving the H.K. Electries (new) .... Diet and resorts to a General Elec- Macao Electrics..$20% n x Div. tion in the hope of strengthening their
H.K. Telephones position in the Lower House but it is
China Buses generally believed that the Minseite will wait till the Diet re-assembles at the end of the year. Reuter,
THE RHINELAND
STATEMENT BY MR. A. HENDERSON
Singapore Tractions Singapore Pref. Sandakan Lts.
Industriale
China Sugars Malabon Sugars Canton Ices Cements (comb.). Cements (old) Cements (new) H.K. Ropes (old) K. Ropes (new) United Asbestos
Stores, &c.
NOT TO BE BY STAGES
Mr. Arthur Henderson said the evacuation of the Rhineland as expeditiously as possible was es- Isential in fairness to Germany, who, so far as he was able to see, had carried out all the conditions of the Versailles Treaty; but an Der A. Wings evacuation by stages would not be Lane, Crawfords in the interest of peace in Europe, Mackintoshs therefore Britain should try to get Sinceres
Dairy Farms Watsons
the French and Belgian Govern- Wm. Powells ments to take this step with Britain.
...$7 sa
.$8% 3 (20 day'a sight (private ST D
paper)
On Yokohama--
.$1.40 n
..$78 On demand
104%
.$5 b
Gold Leaf, 100 ne
(per tael) Sovereigns
(Bank's
.$18.85 b 19 SA
10.00
.$12
80 eta.
.$134 8
Kong
$18 b Copper Cash
Miscellaneous
buying rate)
Silver (per oz.), -24 1/16 Bar Silver in Hong
$12 b Copper Cents
2% dis.
Nominal
...3% Prem.
7% p.a.
.$3 | Rate of Nativo In-
terest
He did not anticipate any seri- H.K. Amusements $28% ↳ 28.90 sa Chinese Sub. Coin. 30% dis. ous difficulty in this connection: B.K. Constructions $12 b Hong Kong Sub. Coin Par.
B. Ind. G. Ronds 1..67% n H.K. Govt Loans....7% b prem.
MERCANTILE BANK
POWER TO ISSUE NOTES TO BE EXTENDED
NEW BILL IN COUNCIL
Notice is given in the "Government Gazette" that the Mercantile Bank of
DECOMPOSED BODY
DISCOVERED IN ROOM OF UNOCCUPIED HOUSE
!
IS IT MURDER?
India, Ltd., intende at an carly date A bad stench, issuing from a room on to apply to the Legislative Council of the second floor of an unoccupied house Hong Kong for a Bill to extend for at No. 8 Mau Tau-kok-road led to a farther period the powers granted by the discovery of a body, in an ad- the Mercantile Bank Note Issue Ordinanced stage of decomposition, of a and 1911, to make, issue, re-issue and
Chinese male, circulate notes in the Colony.
The discovery was made by the son This ordinance (No. 65 of 199) em of a rent collector, who at once told powers the Mercantile Bank to make his father. The latter cominunicated aste, re-issue and circulate bunk notes, with the police. The body was in a This power is limited so as to come to room lying on the floor. an end on August 13, 1920. It is now body suggests that murder may have A huge spot of clotted blood near the considered desirable to extend the dura been committed, tion of this power us to and including: July 12, 1939.
TO-DAY'S RADIO:
BROADCAST BY
Z. B. W.
ON 350 METRES
The following programme will be broadcast to-day from the Gov- ernment Broadcast Station Z.B.W. on 350 metres.
148 p.m.-Weather report. 5.30-6.30 p.m.Programme of
Chinese music.
7.48 pm. Evening weather report.
8 p.m. Evening programme, (Columbia recorda aupplied through the courtesy of Anderson Music "Madame Butterfly" (Puccini), Co., Ltd.).
Selection, ANTE I New Queen's Hall Light Orchestra.
Dance Music
8.45 pm
Nell Gwyn Dances" (E. German),
Regimental Band of H.M
Grenadier Guards. “Humoresque” (Dvorak), ⠀⠀⠀~
The Police description of the man is:He must have been about 30 years of age, and 5 feet 8 inches in height. He wore a white singlet and a pair The punther of samples examin. of white trousers, while the legs and ed by the Government Analyst dur. feet ware clad with a pair of fancy
socks and brown shoes... ing the second quarter of 1929 (April to June) is as follows: 6 E coffee, 21 fresh milk, 6 tinned milk, Mr. W. R. Wilkinson, of the Hong 1 skimmed condensed milk, 18 Kong Land Investment and Agency sugar, 2 lard, 6 tea 6 bread, 12 Co., Ltd. accompanied by his wife cheese. Out of this total of 78, and brother, Mr. HW Wilkinson,
9:30 p.m. only one was found to be adulterat to-day returned from, a holiday
"Leanin Fed, being of fresh milk.
trip on the a Hakozaki Mari "Gipsy Dan Baritoner
Regimental Band of M.:
Grenadier Guards. Dance Music,
Raymond Newell.
10.15 p.m.-- Song Hits Organ Medley,
Organ Solo,
The total output of the Kalian The appointment of Mr. T. MAN Dance Music. Mihing Administration's - mines Hazlerigg, M.C. (Tresanry Solici- for the week ending June 2 tor) to act temporarily as Police amounted to 99,000 tons and the Magistrate in place of Major C. sales during the period to 85,649 Willson OBE, as from Monday,
razected:
tong
Quentin M. MacLean. 10.30 p.m. Close down.
SATURDAY, JULY 6, 1929,
CLEAN
SWEEP
SALE
NOW ON
Everything must be cleared
regardless of cost.
THOUSANDS OF BARGAINS TO CHOOSE FROM.
Call early to avoid disappointment.
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