*
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Lakkarieri Capital
Manere Foods:-
Honorve Liability of Propeladors ——— 000,000,000
KHAD OFFI08; MUNG KONG.
BOARD OF DIRECTORS |--
E. 1. P, Bag-
Charman
Tid R, Shae, Toq,
Deputy ChairmaE.
W. FL. Bell, Hag
A. B. Comption, Eng.
K. 8. Morrison, Kan.
Hon. Mr. J. J. Paternon,
CMT, 0.15. Machia. J. P. Warven, Esq,
6. Kukla, ko
AMOT MANGTOS
BOMBAY
ELLOUTTA
#B2700
DOLANBO
DAFREN
. Orarbers, Das.
Chial Manager.
BLANCHRO
LOND LTUF
MALLONA
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
J
Incorporated by Royal Charter, 1888.
HEAD OFFICE: LONDON.
THE CHINA MAIL.
Commerce and
Finance
COTTON, SILVER NEW YORK STOCK
Paid-up Capital
|Reserve Fund *.
Reserve - Liability of Pro-
prietors
......43,000,000) .£8,000,000
++$3,000,000!
AND WHEAT
Agvicios and Branches:
ALOR STAR
AMBUTOAN
- жаста
MADRAS
MAXILA
BAKOTOK RATAVIA
BOYWAY
DALOUTTA
OLUT
CAWEPORN
CTIO
DOLOMBO
HAIPRONS HAMBURG HAMKOW
SHOR DRON
MANILA
ILOILO
MUAR (Jubara)
[POET
MURDEN
NEW YORK
FOODBO
KAMBURG HANKOW HANHIN
MONGKEW
ILOTLA
ПРОМ
JOHOLE
FRIFIKO
PENANG
BANGDON
SALGOR
WAX PRABOSBOO
KOBK
KOWLOON KUALI LUMTUR
FRANGELI
SINGAPORM
HOURABAYA
BUNOZI PATAK!
TIENTEN
TOX TO
ТЫ ХОТЬО TOKOHANA
Cumania Armonnte rpened la Conl Currency sub Fizal Deposity ronndvad for one your bhari perlade in Legal Dummer ind Blackag pa larger which will be govial in spoliating Hong Kong. 24th January, 1834.
HONG KONG SAVINGS BANKE.
The Pastors of the shora Sant le soulpoboč by the EONG KONG AND UNANUKA! BANK- TES CORPORATION. Belec may be ablukked
# application.
FOR THEM HONGKONG AXD IMAXGKAT SABETES CORPORATION.
Y. M. GRAYHUBS.
Hong Kong, 24th April, 1938.
SAFETY FIRST I
To Safeguard Your Valuables and Jewellection,
Depoal! them in a Vault
that is voll: FIRE PROOP .BURGLAR - PROOF
DAMP PROOF!
KASAUNI
KLAKO
теби
KUALA LUMPUN
MDA
NEW YORK
PRIPINO (Poling! PEXANG SEARCHOM BAIGON
EXYALANS
BEREMBAN
SHANGHAI SIXO APO
SITIAWAK BOUBARATA ТАГРЕКО
TIENTREN
TOKOLAH (habet)
TSINGTAO
TOTOHAMA
SAKPOLEGA
Foreign Exchange, and
Banking business transacted.
General
Current Accounts opened and Pix-
Latest Quotations.
NEW YORK COMMODITY MARKETS
New York, Feb. 21. Messrs. Asia Lands Ltd. have re- ceived the following quotations on the New York cotton and wheat, rubber, silk and sliver exchanges on the Commodity Exchanges Inc. New York:---
Closing Commodity Price February 20,
SILVER."
o
EXCHANGE
A.O.F.C. Quotations.
New York, Yesterday. Dew Jenis Avwagi.“
Last To-day's Changus. Aver. Aver, “.. 30 Industrials 107.53 108.14 .61 up 20 Rall
51.62 51.79.17 up 20: Utilities ... 28.27 28.20 .07 down! 92.45 92.36 .09 dows 10 Bonds Commodity
Index
Stratosphere Flier
Bit
WEDNESDAY, FEBRUARYA21, T1934W.
NEW ADVERTISEMENTS:
NOTICE.
GENERAL NOTICES.
HONG KONG HORTICULTURAL
SOCIETY
{STIHE, JANNUAD SHOW OF
and VEGET
THE funeral of the late KING FLOWERS
ALBERT OF BELGIUM ABLES will be held at the VOLUN having been fixed for THURSDAY. TEER HEADQUARTERS on WED the 22nd instant the offices of the NESDAY, the 7th -MARCH, 1934, Credit Foncier d'Extrême-Orient from 3 pm to 6.00 p.m. will be closed on that date as a token of respect.
THE HONG KONG ELECTRIC COMPANY, LIMITED.
ENTRIES WILL DEFINITELY CLOSE at the Hon. Secretary's Office. 11, Queen's Road, Central, at NOON on
THURSDAY, the 1st MARCH, 1934, but intending ex. hibitors are requested to SEND IN THEIR ENTRIES AS EARLY AS
TOTICE IS HEREBY GIVEN POSSIBLE.
NOTICE FORTY-FIFTH OF
MEMBERS who have not yet DINARY YEARLY MEETING will
paid their subscriptions and 'ALL be held at the Company's Offices, P.THOSE who wish to join the &O. Building, on WEDNESDAY, SOCIETY are requested to send 14th March, 1934, at 11 am. for the $5.00 immediately to the UNDER- purpose of presenting the Report of SIGNED. the Directors together with 徵 Statement of Accounts to 31st December, 1933 and electing Direc
54.43 53.88 58 down Messrs. E. A. Pierce & Co. Re- port:-"We think that to-day's ac- tion was rather reassuring in-as- much as trading sentiment had seemed to be quite bearish: "Wheat: Fear of moisture in the Silver: Commodity Exchange Inc. South-Weat induced liquidation of of New York:
new-crop months. Support was Feb. 19 Range Feb. 20 Range | lacking, except in the case of 46.05 46.05, shorte. Cotton: Market easler on 46.50 40.50 May .46.84 46.90 46.55 46.60 March long liquidation. However, 46.90 47.00 there is an element of strength in July.47.40 47.40 Total sales for the day:n
the fact that "spot" cotton con- 563 contracts of 322 contracts of tinued to be hard to buy." Silver: 25,000 ozs. each — 25,000 ozs. cach | Commission-house and foreign 11-
Market:---Steady.
quidation in sympathy with
TO-DAY'S QUOTATIONS. [easiness in London and Shanghai On London-- decline. The Trade bought moderately.
The next journey into the strata, sphere will be made by Captain A W. Stevens, (above), famous aerial photographer of the U. S.. Army, it" has been revealed-in Washingtontors and Auditors. The War Department has given ap-- proval to the flight, which la to ba sponsored by, the National Geo- graphic Society. Stevens probably will attempt to photograph the earth's curvature.
ed Deposits received for one year of shorter periods at rates which will be Mar. quoted on application.
W. B. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1934,
THE BANK OF CANTON, LTD.
Established 1912.
Head Office:-Hong Kong.
1,945.
RUBBER.
Commodity Exchange caused
Rubber: Inc. of New York:
Feb. 19 Range Feb. 20 Range Mar. ...10.40 10.40 10.31 10.31 Barberined Caplină (9.1. Currency) .....$11,900,006 Pull-Up Capital – merve
..10.68 10.69 10.59 10.50 1,150,000 May
July....10.96 10.97 10.85 10.85 Standard No. 1 "B" Contract. Total sales for the day:-
BRANCHE-
Canson, Shanghai,
Bankow, Bangkok.
and Bas Frociano. LONDON BANKERI – The Lloyd's Back, Limited. CORRESPONDENTS
În apelacia citl of the World.
Foreign terbange sad banking busiasm of wvary moription act
Bela posli Bossa (various eivon) si a yously
tal atroc
LOOK POONG SHAN,
Chief Manager.
345 contracts 298 contracts
SILK.
a
Silk: Commodity Exchange Inc, of American Waterworks New York:
Co
Anaconda Copper Mining 161⁄4 Aaburn Feb. 19 Range Feb. 20 Range
Bendix Aviation Feb..... 1.53 1.53 1.48% 1.45
Borden Canadian Pacific SUGAR. THE BANK OF EAST ASIA, LTD.
Sugar: New York Sugar & Coffee J. I. Care Authorized Capital $10,000,000.00 Exchange:
$ 5,598,600.00 Paid-up Capital cars. Eleserve and Undivided
Profits
..... 2,312,000.00
BEAD OFFICE:-HONG KONG 12, Des Voeux Road Central
BOARD OF DIRECTORS:- Bir Shoumon Chow, ChairmaXL
Li Koon Chen, Esq.
59
the
EXCHANGES.
The Register of Members of the Company will be closed from 3rd March to 14th March, 1934, both days -inclusive, during which period no Transfer of Shares can be regis- tered.
By Order of the Board of Directors, GIBB, LIVINGSTON & CO., LTD., Agents. Hong Kong, 21st Feb., 1934.
J. T. BAGRAM,
Hon. Secretary. Hong Kong, 7th February, 1934
DIOCESAN BOYS' SCHOOL.
Telephone 57777. P. O. Box 33. Headmaster:-C. B. R. Sargent,
M.A.
Next term starts on Monday. March 5th.
New boys should attend, for Lests, on Saturday March 3rd at 9.00 a.m.
Entry forms and prospectuses NOTICE OF ANNUAL MEETING. may be obtained from the Head-
Fourteenth ANNUAL
TGENERAL MEETING of the
master.
KOWLOON RESIDENTS' ASSÓ- HONG KONG FOOTBALL CLUB CIATION will be held in the St. Andrew's Church Hall, Kowloon, on THURSDAY, 8th March, 1934, at 6 p.m.
BUSINESS
Adoption of Report and Accounts for the year ended 31st December. 1933,
Election of Officers and Commit-
Any other business.
It is earnestly requested that members and all others interested in the welfare of Kowloon will make an endeavour to be present at the meeting.
T. T. On demand
1/6
1/6
Business Done:-1,220,000 shares,
Last To-day's
Price -Price
Four months" sight 1/6 Credits 4 months'
sight
1/6%
Mr Reduction
..101 102
On New York—
Allied Chemical & Dye 155
1584
On demand
38
American Cam
.104%
205%
Credits 60 days'
American Radiator
10
10
American Smelting
sight
nom.
484 4814
American Tel & Tel
121
On Paris-
1667
American Tobacco "B"
76%
76
7524
On demand
530
224
2214
Credits 4 months'
151
sight
620
54%2
55%
On India-
21
2134
2414 244
T. T.
99%
16K 10%
On demand
991/2
Caterpillar Co
7912
79%
70%
On Shanghai-
31
Chase National Bank
March May July
Feb. 19. Feb. 20.
1.65
1.55 1.50 1.61
30%+ 30 +
'On demand
110
Chrysler Hotors
58% Consolidated Gas of N.Y. 41% Curtiss Wright
On Japan:-
tee.
416 4%
On demand
1261⁄4
On Manila.
Du Pont de Nemours..100%
101%
1.64 7.64
Market:—Easy.
Electric Auto-lite Ca
Eastman Kodak ....
01
On demand
75%
1.
29%
2914
On Singapore—
Electric Band & Share
10%
19%
On demand
64
COTTON.
Electric
General
chic Power & Light 8
7%
On Batavia-
22%
22%
Foods
On demand
5634
84%
Chan Ching Shek, Esq.
Маг.
...12.06 12.07 11.90 11.33
Güello
40
40
On Saigon
Gold Duet
Safely
11%
1714
On demand
58
20 20%
On Bangkok
May
Kan Ying Po, Esq.
Wong Chu Son, Esq.
July
Oct.
Dec,
12.22 12.24 12.38 12.38 .12.55 12.57 32.65 12.67 Jan.12.69 12.09 Middling
12.00 12.10
Internat Harverter
44%
44%
12.23 12.23
Internat Tel & Tel
On demand
15%
12344
15%
12.40 12.42 12.51 12.53 12.55 12.56
Liggett & Myers "B" Loew's Inc
85
85
Eovereigns bank buy-
32%
327%
ing rate
1/04%
33%
334
Bar Silver per oz. ... 20
42% 42
Bar Silver in
31%+
Hong
31
t
Spot 12.30
12.30
15%
Kong
nom.
Amoy
Batavia
Melbourne
Seattle Semarang
17%
18
Copper Cash
nom.
WHEAT.
Bombay
Nugasak!
Calcutta
New York
Shanghai Singapore
Packard Motors
20%
Copper Cents
1% prem.
5%
37
37
Osaka
EBAD OFFICE:-Taipek, Farmona.
Haiphong Bankow Honolulu Kobe Kowloon London
Paris Peiping
Sourabaya Swatow
Feb. 19. Feb. 20.
Radio
Corgn
816
B
Syndey
May July
89%
88%
40%
887%
86%
Standard
17%
17%
Brands
22
22
Penang Rangoon Saigon
September
8842
874
Standard Gas
Tientain
Tokyo
Total sales for the day:---
San Fcisco
Vancouver
10,000,000
Yokohama
bushels
10,000,000
bushels
Texas Corpn..
Standard Oil Co of NJ, 48%
144
48%
2
272
28
28
OF H.K. ELECTRIC.
Trans-America
7
7%
Union Carbide & Carbon 47% Union Pacific
484
.131%
(WASHINGTON).
Feb. 19 Feb. 20 Gold
36.00 85.00
United Air & Transport 21 United Corpn
7% 74 United States Steel
584 57% Westinghouse E & M 43%
43% BID..
131%
23
OUR SAFE DEPOSIT VAULT located on the Marvanine Floor of Our New building is Specially Cod- structed to provide all of this Im- portant Quallion.
You may obtain Safe Deport Box in this most up-to-date Vault for your own use at a very moder. ate Rental.
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Centrul
P. K. Kwok. Esq.
Wong Yun Tong, Esq.
Li Lan Sang, Esq.
Kas Tong Po, Esq, Chlef Manager. Li Tas Fong, Esq. Manager.
BRANCHES AND AGENCIES —
THE BANK OF TAIWAN, LTD. Canton
(TAIWAN GINKO.)
Incorporated by Special Imperial Charter, 1879.
Central Bank in Formone Bək-Motus lamueć àverage sOLOUR) ...The can s
Manila
Talhoku
Every description of Banking and
On and after August 18th, 1933, the Exchange business transacted. Loans rate of Interest on Special Current granted on approved securities. Deposit will be at 2% pa, on daily balance and the rata for balance over
$10,000 will be quoted on application (Maximum rate-1%).
LONDON BARK ERA,
Barclays Bank, Ltd., Layta Bank, kis, Midland Bank, Ltd, Wimmianur Bank, Lad
The Best har dicesupondenie in, mil the prunipe Jumannenial Contem troughout the world. E. NAGURI,
BONG KONG BRAMON |_
8. Do You Road Content
THE YOKOHAMA 'SPECIE BANK, LIMITED.
Established 1839.
Capital (fully pal-up) Yen100,000,000 Eeserve Fund
|
Cotton: New York Cotton Ex- change:
Feb. 19 Range Feb. 20 Range General Motors
Wheat: Chicago Board of Trade:
National Ward
National
Biscuit
City Bank
National Dairy Products 15% Oils Elevator
Pacific Gas & Electric
Pennsylvania Rly
Sears Roebuck
Soceny Vacuum Corpn
20
AMERICAN GOLD PRICE:
Current Account opened in Local U.S. Currency and Fixed Deposits received
for one year or shorter periods in L
•ad Foreign Currencies on terms which
the quoted on application
Safe Deposit Boxes To Let
KAN TONG PO...
Chief Manager.
Hong Kong, 24th November, 1935.
THE
Treasury Price, per oz.
THE OVERSEAS NATIONAL BANK, LTD.
TIN
#27
4944
Rate of Native Interest 84% pa.
Chinese Sub. Coin
30% din.
Hong Kong Sub, Cain par.
RUGBY FOOTBALL
AUSTRALIAN UNIVERSITIES XV.
V
THE COLONY
on the Club ground on Friday, 23rd February.
Kick of 4.45 p.m.
Admission:
Covered Stand
(Members included):
Open 'Stands
$1.50
$1.00
Services in uniform half price
J. H. SHAW,
Reserved seats in the Covered Hon. Secretary. Stand may be booked at Andersons Kowloon, 19th February, 1934.
W. PRYDE,
SHANGHAI SHARES.
Latest Quotations.
Messrs. Carroll Bros., have just: received the following cabled quo- tations of Shanghai Shares.
International Assurances, $6.20. Shanghai Lands, $24.
PROPOSED DIVIDEND Shanghai Docks, $145,
Annual Meeting On
March 4.
At the Ordinary Yearly Meeting of the Hong Kong Electric Co., Ltd.,
Investment News Received By Mail to be held on Wednesday March 14. at 11 a.m., the Directors will (sub- ject to audit) recommend that the Imports of tin into this coun-balance available for distribution try have exceeded deliveries to be disposed of as follows:-
every month since. To pay a dividend of $2.50 per share on April. As a result, domestic stocks $5,000,000.00 have Increased. At the end of 450,000 shares $1,125,000.00
National Bank Building,
8A, Des Voeux Road, Central
AMERICAN EXPRESS COMPANY Authorized Capital
INC.
Head Office:-65, Broadway, New York
Capital Surplus Reserves
.U.8.88,000,000.00
.17.6.81,867,089.17 .U.B.$1,715,979.57
BRANCHES
June
Olagem
Makine Mity
Pelping
Yen.121,280,003
AMLOTchann
Head Office:—YOKOHAMA,
1. Bennebom and Agindas, ni:
Akundria
Nagsak
Boala
Semina Bermar
Onder
Heldribot Interlaken
Faforma
Nagoya A
New York
Bombay
Quali
Calcutta
Caston
Dairan (Dalny)
Hamburg
Han Yow
Harbluf
agoon
Pelping
Fangtien (Mubden) Rio de Janeiro
Ban Francisco
Seattle
Marenkian
Boulenges Slagspre
Taormina
Paid-up Capital .............
New York, London, and Paris Agents:
consumers
1,000,000.00 November domestic, inventories of To pay a bonus of 50
cents tin were at the highest point
per share BANKERS TRUST. COMPANYA reached since December, 1981. on 450,000 shares......... We offer facilities for the, transse. Yet 'tin prices have shown continu-To place to Reserve. tion of general banking business ed strength throughout this "en-To carry, forward to Foreign Exchange transacted. Stocks tire period. and bonds bought and sold. granted on approved securities.
LEE FANG,
Loans
The domestic. situa- tion alone appears to be hearish
Account
General Manager.
and to warrant, lower prices. However, when we conelder the
THE MERCANTILE BANK OF INDIA, LTD.
KEAD OFFICE).
18, Ornanoburuk Bieses, London, 8,178.
Authorland Capital ....23,000,000: Subscribed Capital... 1,800,000 Paid-up Capital ...... 1,050,000 Reserve Fund & Rest 1,216,735
The Bank or Burled 15 Miland Bark, Kal. BRA ROZERS; Bangkok Bombay
ماسماين.
Shanghai Wharves, $351. Shanghai Trams, $48.50. Ewo Cottons, $13.30. Shanghai Cottons, $119. Langkats. Single, $17,25, Shanghai Explorations, $4.50. Shanghai Loans, $6...
LONDON EXCHANGES.
Geneva
Paris New York Montreal
Brussels
London, Yesterday.
77% 5.062 5.10 21.88% 15.811/
225,000.00 500,000.00
Milan Amsterdam Berlin -Stockholm
Copenhagen
58
7.581⁄2
12.854
Oslo
19.392 22.40 19.50
191,479.49
Vienna
284
Prague
123%
$2,041,479.49
226
world situation we find the world's depreciation of the doller in terms visible supply of tin has been de-of the pound sterling, which cur- clining steadily since the begin-rency predominates in the world ning of 1933 and at the, present tin market. As long as the dollar time le in a favourable position; remains depressed in terms of relative to current demand. An-Sterling, we' can expect little other factor and the one which has change in caused the sharp advance in tin prices. The Auctuations that prices in recent months is the do occur will probably correspond
to the fluctations in exchange.
U.S. World
Monica
Semarang
Branches of American Expense Coza- bany ̈in) Principal, elties of United. States of America and Canada.
Month March
Shangha
Kandy Karnold
September
Singapore
Boerabaya
All classes of Commercial Banking Transactions undertaken.
October
D
· Bangom
November
Bally
Bydney
Hang Lang
Tientsin
London
Takyo
Potional Invasimani #öcounts." Howrah handled.
·Kuala Lumpur
Mahora
Los Anguiss Manila
Tringtan
Yingkow
Rainking, Karnakl
HONG KONG BRANOR. Henry Comiipidety of Sinking and Bushings heel The Company, offers 'ta" labinding som Communiqu Lavarot allowed on Carroni An: chvens, and Latines of Gradik anda taloon, ikatan den
Travelers the use 'at ita! "Travalera
Truites and Executorskipe unổi mounts.
is addition, the world-wide services Deposita received. for fixed parsoda, of the, therosghly equipped Trayal Der Baslärolin në Males, that may be anne 23 18500 14 be obtained, on 'application. partzseni
EL. MORL
stơng à ong, 12th Beptember. 1982
„DUGGAN,
BROSE
Hong Kong, 2nd May, 1982,
domestic Lin
Importa. Dellveries Stocks Blocks Price:
2,882 8,505
7,896
6,841,
6,300 4,700
4,055 4,054 Favourable, Factors,
2,300 42,630
.
Helsingfors Madrid
Lisbon
Athens Bucharest Belgrade
87 28/82 109%
518
680 Sellers
225
Blo
4% 8.0.
Buenos Aires
36% S.0.
Montevideo Bombay, Shanghal,.. Hong Kong -Yokohama
Silver Spot
Hon. Secretary.
COMPANY MEETINGS
HONG KONG & SHANGHAI BANKING CORPORATION.
N
NOTICE IS HEREBY GIVEN that the ORDINARY YEAR- LY MEETING of the Share- holders in this Corporation will be held in the Board Room of Messrs. Jardine. Malbeson & Ca Ltd, 18, Pedder Street, Hong Kong, Jon SATURDAY, the 24th February, 1934, at 11.30 a.m. for the purpose the of receiving the Report of Board of Directors together with a Statement of Accounts for the year ending 31st December, 1993,
The REGISTER OF SHARES of the Corporation will be CLOSED from MONDAY, the 12th February [to SATURDAY, the 24th February 1934 (both days-inclusive), during which period no transfer of shares can be registered.
By Order of the Board of Directors,
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 5th February, 1934. .
THE HONG KONG & KOWLOON WHARF & GODOWN CO., LTD.
NOTICE TO SHAREHOLDERS.
3774-5.0.THE FORTY-SEVENTH ORDIN 1/6.5/82 1/4/ 1/8
1/2 7/82, 20% 20%
Forward 24.34 cts. 5,407. * 81,080 46.65
War Loan 3%- 102-8/16 6,278 20,010 48.18* 6,582 20,500
-British Wireless Service.
58.07
are the
1-Imports, declined more than 2-Domestic" "stocka seasonally.
highest since 1981.' and are in- 2--World's plaible supply of tincreasing, 2009; continued to decline, and is now —A large quantity of the tin at a normal level.
bought in recent months was for Unfavourable Factors speculative purposes. If sterling I-Deliveries in the United exchange, declines in terms of States declined and were below,dollars, considerable liquidation war. Importa. This decline As con-may occur. This would have a
trary to the normal seasonal In-fendancy to weaken tin pieni.. OTSREG.
From "Barron
STONE AGE BOATS
IN SWEDEN.
PARY ANNUAL MEETING OF SHAREHOLDERS, will be held at the Office of Mesara. Jardine, Mass theson & Co, Lid, on FRIDAY, the 2nd March, 1934 ÄT NOON for the [purpose of receiving the Report of the Directors and the Statement of Accounts for the year ended Sist December, 1988, ¦
The Transfer Books of the Com pany will be CLOSED from WED NESDAY, the 21st February, 1934, to FRIDAY, the, 2nd March, 1984 Helsingfors. Two stone age boats-have been
both
dayi inclusive found in a forest near Fyen, Swe- By Order of den. They are hollowed out of a Directors, single tree trunk
The larger of them is 27 feet long and five feet wide-Beute
the Board or
F.H.CRAPNELL; Becretary, Hong Kong, 13th February, 1934,