BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Spikeriaal Cups BM6,900,000
· That and Poly Pull-up was 80,000,000 Bourne Free 1-
Marling.... 1,300,000
- 132,000,0
Herve Linbility if Pesplatoon — $91,000,000
HEAD OFFICE: NOMS KONG,
BOARD OF DIRECTORS 1—–—
Do Ms. $25.1. Mnokai
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. ^
Incorporated by Royal Charter, -1852.
HEAD' OFFICE: LONDON,
Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietors ...
#3,000,000 .63,000,000
200,000
Agensins und Branches:
ALOR STAR
RUCKING
J. P. Warren, Eng.
Mon. Mr. J. J. Paterson
T. 3. Pakres Ko 7. M.
1. . Onylés, Bio
AKRITOLE
RAXOXOX HATATZA BOMBAY
Deputy Chalema.
V. 15. Boll, Bog
A, H. Compton, Esq.
.. Morrisons, Eng.
ABUT
BAROKON
BATAVIA
BOMRAY
SALOUTTA
ΠΑΙΤΟΥ
CHIPO COLOMBO DAIREN FOODBOW
Ohh
S
Manager.
LONDON
LIONE
LILEI
Shan, Baq.
CALCUTTA
CANTON
MAXILA
MUAM (Johore)
MUIDES
NEW TOLK
PEIFING
TENANG
KAIPHONG
BATION
ZANBORG
SAN VILA HOIDOO
HANKOW
SHARORAT
HING AFORD
MONGLEY
SOUBLESTA
Mono
POW
108011
KUBE
ZOWLOOK
TEALA LUMPER
SUNGHI PATANI
TORTO
TRINGTAO ТОГОНАЖА
Carrees Ancoats onkund in Lara! Currule? and Pized Depending countved for us your a sherier periode, le Loud Curranay mi moring vo karma which will be guried on applestión. Hong Kong, 26th February, 1934.
HONG KONG SAVINGS BANK.
·Who Molate of the ubers Bank le voudrated By the MOXO KONG AND SHANGHAI MANI THE CORPORATION. Zeins may be obtaiąd
NON TEN HONOZORG AND HANGRAJ SAMLING CORPORATION.
*. K. GATRUEN,
Hong Kong, 26th February, 1934
SAFETY FIRST !
To Safeguard Your Valuablas and Jewelerins.
Deposit them in a Vault
that is really: FIRE. PROOF BURGLAR - PROOF
DAMP-PROOF!
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building Spacially Com etrooted to provide all of these Im portant Qualities.
You may obtain a Bafs Deport Box in this most up-to-date Vault for your own use at a very moder ste Rental.
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Rood, Central
СЕПЯРОМИ CKRO
COLOMBO DILNE
RALPHOPS
HAMBURG MANKOW
FLOILO
JPON
MADHAN
MAKT
MIDAR ХЕМ ТОЛЕ
PEIPING (Ting
PENANO REXG00X BAIGON
ERKARA NO
ETNGAPORE
FXLKMBANI
SHANGHAI
BARSIN
MITTAWAK
RONG LON
BOURABATA
ТАТУТНО
TIENTREN
KARACHI
TONOWAK (Pembut)
FLANG
KIDD
YOKOHAMA
KUALA LUMPUR
BANDOA NA
Foreign Exchange
and
Banking business transacted.
THE CHINA MAIL.
Commerce and
Finance
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations.
New York, Yesterday. Dow Jones Average.
Last To-day's Changes, Aver. Avar.
30 Industrials 104.77 103.12 1.65 down 20 Rails 49.08 17.90 1.18 down .. 27.57 26.47 1.10 down 20 Utilities 40 Bonds 91.89 91.45 44 down Commodity
COTTON, SILVER AND WHEAT
Latest Quotations.
New York, Feb. 27. Messrs. Asia Landa Ltd. have re- calved the following quotations on the New York cotton and wheat, rubber; silk and silver "exchanges
the Commodity Exchanges Inc.. New York:-
Closing Commodity Price Index .... 53.90 53.13 .77 down Messrs. E. A. Pierce, & Co. Re February 26. port:The decline
was compara-
tively orderly and nothing develop".
SILVER.
TUESDAY,
Russo-Jap War Seen in Spring
OB
General Hayashi
| Commissar Voroshilov
Silver: Commodity Exchange Inc.
ed to-day to indicate the comple of New York: tion of selling or the establishment
of definite resistance.
Wheat: Mar
Feb. 24 Range Feb. 26 Range ...46.42 46.48 45,85 45.90
To-day's July ...47.30 47.37
General Prices declined with the weakness May...46.94 47.00
of securites. Cotton;
W. H. E. THOMAS,
Acting Manager.
Hong Kong, 20th February, 1934.
to
RUBBER.
46.47 46.46 46.80 46.90
Current Accounts opened and Fix-prices caused discouraged holders Total sales for the day:— ed Deposits received for one year or liquidate. Technically, the 318 contracts of — 387 contracts of shorter periods at rabes which will be
market is healthier but it requires 25,000 ozs. ench — 25,000 oza, esch quoted on application.
Market:-Steady. constructive developments to re- vive confidence in cotton. The lack of any definite developmenta Rubber: Commodity Exchange in the Bankhead Measure is also Inc. of New York:
Feb. 24 Range Feb. 26 Range THE BANK OF CANTON, LTD.elackening demand for cotton goods
10.26 10.28 and is having a discouraging efMar. ...10.46 10.50 fect
recent
10.56 10.66 buyers. Silver: May.10.78 10.78 Market barely steady, with prices July ...11.06 11.10 10.87 10.87 under gradual pressure reflecting Standard No. 1 "B" Contract.
cattered liquidation for March Total sales for the day- along with commission-house and local selling in sympathy with the easier rales ruling in London and Shanghai.
Established 1912
Bead Offices-Hong Kong.
-Katbortinë Capital (M.X. Correacy) ...031,000,0 Pull-Up Capti Legers Tisë me 1,380, AMARCHES
Dantew, Banglook Wanghal
Cate
and Ben Francisco, LONDON BANKEEJ ---- The Lloyd's Bach, Limited. OORSEXPONDENTU
In all pelacipai cišias of the World.
Foreign Exchange and banking business at pray Lascelusion Trametal.
Sala Depot Bora (vazione adwae) aɔ a yearly
trom Ste $45.
LOOK POONG shan,
ол
219 contracts - 505 contracts
SILK.
Silk: Commodity Exchange lac, of New York:
Feb. 24 Range Feb. 26 Range Business Done: -2,190,000 shares.
Last To-day's Mar ... 1.43 1.43 1.39 1.39
SUGAR. Sugar: New York Sugar & Coffce| Exchange:
Air Reduction
THE BANK OF EAST ASIA, LTD. American Tel. & Tel.
Authorised Capital Paid-up Capital ..... Reserve and Undivided
Profita
$10,000,000.00 Anaconda Copper Mining 13%
Bendix Aviation
$ 2,812,000.00 Borden Co.
HEAD OFFICB:-HONG KONG 12, Des Voeux Road Centrai.
BOARD OF DIRECTORS:- Sir Shonson Chow, Chairman.
Li Koon Chan, Esq.
P. K. Kwok, Esq.
Wong Yun Tong, Esq.
Chan Ching Shek, Esq.
LA Lan Sang, Esq.
Wong Chu Son, Esq.
Kan Ying Po, Esq.
Kan Tong Po, Esq, Chief Manager
The Fong, Esq., Manager.
BRANCHES AND AGENCIES.—
Manila Melbourne Nagasaki
Oraka
Canadian Parific
J. I. Case
General Foods..
General Motors
Gene Safety
Gillette
Gold Dust
Shangkal Loew's Inc. Singapore Sourabaya Swatow
Ward National Bisquit National City Bank National Dairy Prod. Elevator
Packard MotorE
Tientsin
164
73% Mar.
MANCH
VLADIVOSTOK
700 MILES
PAN
SEA
PACIFIC
Henry Pu-Xi
Short jump for bombers That war with Japan is regarded as inevitable this coming Spring indicated by reports reaching London that the Soviet Government is concentrating large supplies of food, munitions and aircraft at Vladi vestak, the Russian seaport that is only 700 miles from Tokyo. Commi Far of War Clemence Voroshilov is reported to have been utilizing the Trans-Siberian Railroad for many months for the transportation of men and munitions to the port that it is believed would be the first objective of a Japanese attack Observers say the torch that may fire the magazine may be the coronation of Henry Pu-Y! as emperor of the Jap controlled state of Manchukuo on March 1. In announcing he would follow the policies of his predecessor, General Sadao Araki, the new Japaness Minister of War, General Senjuro Hayashi is believed to have dispelled the hopes of peace that were born with Araki's resignation.
LOCAL DOLLAR DECLINES.
Silver Prices Down.
FEBRUARY 27, “1934. ...
LOCAL NEWS BREVITIES
The monthly Servicemen's dance The local dollar declined this will be held in the West Lounge, morning, and opened on demand at European Y.M.C.A., Kowloon,
Monday next at 9 p.m.
Feb. 24 Range. Feb. 26 Range 1/8. ...12.02 12.02
11.81 11.81
Total sales for the day:----
AMERICAN GOLD PRICE:
Silver prices declined 3/16 yester- day, to close at 20% and 20-7/16,
for spot and forward, respectively.
New York on London cross rates closed yesterday at £-G$5.08% and £-G$6.08%, respectively. Both rates on Thursday, March 1. closed at £-G36.07% on Saturday,
NEW ADVERTISEMENTS.
HUNT BALL.
EMBERS of the Fanling Hunt,
Mwe have not yet applied for
their tickets for the HUNT BALL, are requested to do so as soon as possible.
Application for tickets should be made at the Secretaries' Office, York |Building, Chater Road,
THOMSON & CO., Chartered Accountants,
Secretaries
Hong Kong, 27th Feb, 1984.
ST. STEPHEN'S COLLEGE. STANLEY.
Founders' Day, 3rd. March.
3.00 p.m. Presentation of Certi- ficates and Prizes by Sir Henry-
Pollock, Kt, K.C.
4.00 p.m. Tea.
~4.30
:
p.m. College Association
Annual Meeting.
All Old Boys are cordially in- vited to attend.
PUBLIC AUCTION.
HE Undersigned have received
Tinstructions to sell by Publis
Auction
ON
Wednesday, the 28th, Feb. 1934,
at 12 o'clock noon
at their Salen Room,
4, Duddell Street,
20 Cases of Grape Fruits Terms: Cash on Delivery
LAMMERT BROS.
Auctioneers. Hong Kong, 27th February, 1934.
U.S.S. TULSA DUE TO-MORROW.
Prolonged Stay.
The U. S. S. Tulsa will arrive in
The Sincere Co., Ltd., announce Hong Kong from Swatow to-mor The London on New York and that on February 28 all their row, and is expected to remain un- stores will be closed for stock-til March 10. The Tulsa, Com- taking. Business will be resumed mander FIG. Reinick, U.S. Navy, the Commanding, is assigned to
Patrol South China
OD basing Hong Kong. Messrs. R. J. D. Grieve and A. B.
The Tulsa left Hong Kong on Stewart, of Jardine, Matheson and January 3 for Foochow, participat- Company are returning from leave ing in the landing of Consular 0. liner Ranchi Guards that took place at the time on the P. and which left London on February 9.
the Nationalists Forces took ever Foochow.
China sport
The new South
The Tulsa is a seagoing gunboot pavilion will be officially opened at with a complement of 147 blue- Caroline Hill on Saturday, March jackets and 30 marines.
Upon departure from Hong Kong has kindly consented to perform the Tulsa will visit South Chinn the ceremony.
and
ports en rout to Shanghai, after a brief visit in Shanghai she Sentence of three months' im- will proceed to North China (Hsin- prisonment was imposed on Wong ho and Chefoo) for the usual sum- Hing, unemployed, for larceny of mer exercises.
Price Price
09
|
Allied Chemicni & Dye
18434
152
Chief Manager.
American Can
102
102%
Feb. 24. Feb. 26.
American Radiator
15%
14
March
1.69
1.56
American Smelting
454
444
May
1.62
1.60
1214
127
American Tobacco "B"
75%
73%
American Waterworks
234
214
July.. Market:-Engy.
1.65
1.64
5,599.600.00 Aubura
14%
52
53%
20
2014
2314
23
Cotton: change:
COTTON. New York Cotton Ex-
16
754
Caterpillar Co...
28
Chase National Bank
291
2814 May
Chrysler Motors
55/4 July
.12.17 12.18 .12.30 12.31
11.91 11.02
12.05 12.06
Consolidated Gas of N.Y.
40
39 Oct. ....12.44 12.46
Du Pont de
Curtins Wright
$4
Kemour!
99%
98%
atman Kodak
88%
8814
Electric Auto
Auto-file Co.
27%
2714
Electric Bond & Share
17%
17%
10
1034
Electric Electric General
Electric Power & Light
Dec. .12.64 12.54 Jun. .12.68 12.68 Middling
Spot..12.40
12.20 12.21 12.32 12.32 12.35 12.36
12.10
74
6%
21%
34%
2014 334
3815 87
11
10%
101%
May
WHEAT. Wheat: Chicago Board of Trade:|
Feb. 24. Feb. 26.
873% 86
19%
Internut. Harvester
40%
40%
July
85% 842
LONDON EXCHANGES.
Amoy
Seattle
Batavia
Semarang
Internat. Tel. & Tei. Liggett & Myers "B"
14%
14
September
8604 853%
•
86
Bombay
30%
30%
Paris
Calcutta
New York
311⁄4
304
10,000,000
10,000,000
Canton
20%
30%
bushels
bushels
New York
London, Yesterday.
77 11/32 5.08%
HEAD OFFICE: Taipeh, Forms.obe
THE BANK OF TAIWAN, LTD. Hankow
(TAIWAN GINKO.)
Haiphong
Paria
20%+ 29+
Montreal
5.10%
Peiping
Honolula
Penang
Syndey Talhoku
15
14%
16%
164
(WASHINGTON).
Brussels
21.82
Rangoon
Pacific Gas & Electric
Feb. 24 Feb. 26
Milan
59%
17 at 3.30 p.m. H. E. the Governor
.. 20
18
Kowloon
Saigon
London
San P'cisco
Tokyo Vancouver
5%
54
U.S.
Treasury Gold
Berlin
12.85
Pennsylvania Ris.
85%
63%
Yokohama
Radio
Corpn.
7%
Brara Ro
Sears Roebuck
4834
46%
Price, per oz...... 35.00 35.00
NEW YORK METALS.
Amsterdam
Geneva
7.57/2 15.76
16%
10%
Feb, 28 Feb. 26
21%
21/
Copper, March, per lb. 6.85
4,80
1244
11%
Tin, March, per Ib.... 51.60 51.25
Stockholm Copenhagen Oslo
19.39%
22.40 19.90
46
Vienna
284
2674
20
Prague
12234
44%
Helsingfors
ill be quoted on application
Safe Deposit Boxes To Let
KAN TONG PO, United Corpn.
56 Chief Manggar. United States Blee! Hong Kong, 24th November, 1981.
Westinghouse E. & M., (0%
BID.-4.
Union Pacific
126
128
Madrid
225/2 37 9/16
United Air & Transport 25%
27%
Lisbon
109
6
복수
TO-DAY'S QUOTATIONS.
Athens
530 sellera
54%%
38
Bucharest
510
On London
Belgrade
225
T. T. On demand
1/6
1/6 Four monits' sight 1/6% Credits 4 months'
sight
Rio
4%
Buenos Aires
Montevideo
1/6%
Bombay.
28
Credit 60 days'
sight
Shanghai Hong Kong Yokohama
nom.
Silver Spot
1/2 7/32 20%
Forward
20 7/16
On demand
580
War Loan
...... 102
Credits 4 months'
sight
620
T. T...
99%
On demand
99%
On demand
110:
126%
75%
64
56%
58
123%
Incorporated by Special Imparia)
Charter. 1899.
Central Bank la Formant
Kont-Kosas, besand Arsenas umouni „Tan
Every description of Banking and Secony-Cacuum Corpn. Exchange business transacted. Loans Standard Brands
ranted on approved securities,
Standard
Gas
On and after Angust 15th, 1993, the rate of Interert on Apecial Current Deposit will be at 2% pa on daily balance and the rate for balance over $10,000 will be quoted on application. I and Foreign Currencies on terms which Union Carbide & Carbon 454 (Maximum rate-1%).
Carrent Accounts opened in Local Standard Oil Co. of NJ. 474
Corp Currency and Fixed Deposits received Texas for one year or shorter periods in Local Trans-America
คน
LONDON BAYEERE -
Mercings Mask, kokku Láøyde back. 148 Wikland Bank, Lid, Woonminster Bank, Les
The Bank has Correspondania is, all the prismpai | Jemorial Costrar troughout the world. L. MADERA.
BONO KONG BRAKONI
De Pau Road Cenirs
Bong Kaag. Dassenben 96, -118L
LIMITED.
THE YOKOHAMA SPECIE BANK,
Established 189.
Capital (fully pak'-up) Yen100,000,000 || Eeserve Fund ....... Yen.121,250,000
Band Offer:-YOKOHAMA.
Branches and Agencies at:
Alexandria
Batavia
Bombay
Calcutta
Gastos
Nagasak Nagora New York
Parla
Priping
Dairen (Dalny) Rangsen Teagtien (Madan) Rio de Janeiro
Hamburg
Henkow
Harris
Honolulu
Hainking Karachi
Kebe Lendon
Los Angeles
Venfla Moj
San Francisso Seattle Bemang Shanghai
Singapore
Somabaya Bramy Tienirin Toky
Taingian
Ying sow
THB
AMERICAN EXPRESS COMPANY,
INC.
Head Offer:-65, Broadway, New Tack.
.U.8.86,000,000.00 .U.B.$1,807,089.17 .U.B.$1,718,979.67
Capital Surplus BASTOR
*BRANCHES:--
Denne
Glasgow
ADAR
Mezizoly
Maidalberg Priping
Branches of American Expense Com, pany in Principal cities of: United States of Amarion and Canada.
INVESTMENT NEWS RECEIVED BY MAIL
Montgomery Ward Management
EXCHANGES.
| Attackéd-A further statement On New York-
- On' demand issued by Joseph Zook, president of the Montgomery Ward Stockholders Association formed last August, al- leges that for the 10 months to the On Parla-.. end of last November, only 12 of the
31 merchandise departments in thei
1
On India--
mail-order department showed proft. He alluded to these results jagain, he said, to demonstrate that the policy of operating "country
On Shanghai--- stores in direct competition with the company's mail-order business is a On Japanz mistaken one." In the nine months ended October 31, an operating loss of $745,420 'in the mail-order de partment compared with a loss of $1,656,681 in the 1982 period.
| On demand On Manila-
On demand On Singapore-----
On demand
On Batavia-
In again declaring that the gain
On demand in total sales volume in October and November was practically due to On Balgon mail-order gains arising from al- On demand All ainesos of Cyceosarelal Banking leged under-pricing in the fall and On Bangkok... Transactions undertaken.
winter catalogue, Mr. Zook stated,
On demand
Porrenal izvestment acounts that retail-store sales gained only Bovereigns' bank buy- handled.
about 2 per cent.From "Barron's, ing rate, N
The Company offers te futan Traveleru - the use of its
Ozrent As.] Chooseries, and: Letters of Credit:
In addition, the world-wide servi
Deposits' received for Azad st; raise ta, be obtained an
uriods of the thoroughly equipped Trayal Da
RELIABLE PRINTING
no order 100 small
nom.
Bar Bilver per oz... 20 Bar Silver in Hong
Kong Copper Cash Jawanym, nom. Copper Cents 195 1% prem. Rate of Native Interest, 3% %% ph Chiness Sub, Coin ... 315% dis. Hong Kong Bub. Coln pariat
86% 8.0. 38 5.0.
1/6 8/32
10%
1/6%
a radiator cap from car No. 1105, properly of Leung Cha Sang, by
Mr. S. Balfour at the Central Ma-: Igistracy this morning.
+
Pleading guilty to a charge of larceny of two pieces of pipe, the property of the Hong Kong Tele- phone Company, Yuen Chun, un- employed, was sentenced to two months' imprisonment by Mr.- S. Balfour at the Central Magistracy this morning.
BERI - BERI VICTIM.
Prisoner Dies From Natural Causes.
A verdict of death from natural causea was returned by the jury at the inquest held at the Central former Police Court yesterday into the death of Chang Husen-teng, a pri- with #teamer,
soner at the Victoria Gaol, who
The ... Engadine, a cross-channel
remarkable war
จ
service record,
arrived in part on Friday en route died on Bunday afternoon." -British Wireless Service. for Manila, She has been sold to
Personal Pars.
Mr. S. Balfour acted as coroner
the "Compania Martima of Manila and the jury comprised Messrs. D. for service between Manila and Ho Harvey (foreman), W. A. Schreuder, Ho, and her British crew were paid and J. P. Sherry. off yesterday.
Mrs. N. L. Smith, wife of the
A grand concert is to be given in Director of Education, is returning the Sailors' and Soldiers', Homa të to the Colony on board the P. and morrow at 8.30 p.m. Mr. J. C.. M O., s... Ranchi which left London Grenham has secured the services of jon. February 9.
the following well-known artistes;
| Miss Elsa Alves, Miss Audry Steele, Mr. W. G. Humphries, of the Misa Evelin O'Hagan, Mr.J, DJA Imports and Exporis Department, Fergusson, Mr, W. Simpson, Mr. accompanied by Mrs. Humphries, ¡Gus D'Aquino, Mr. G. W. True, and left London on the P, and O. liner Ms. J. C. M. Grenham, a Ranchi on February 9, bound for Hong Kong,
According to the evidence the prisoner, who was serving a penal .... servitude of ten years, died from beri-beri.
WHIST DRIVE AT Y.M.C.A.
Servicemen At The Card Tables.
Pau Pan, street coolie, who The following were the results of appeared before Mr. Balfour at the the very successful" Bervicemen's Lady Malcolm Douglas-Hamilton, Central Police Court yesterday on Whist Drive at the European who is en route to Hong Kong to the charge of assaulting another Y.M.C.A.,Finst night/the foin her husband, Lord, Douglas- coolfe, who discharged the con Men: First priza to Mr. A. B. Hamilton, who recently took up plaisant fail to appear in Court It Hamblyn, Second prize to Mr. W appointment, with the Far East was stated that the complainant, Case, and Booby prize - to Mr. Aviation Training School, joined who was discharged from the Gov- Twaites
Ladies:-First Príza i to Mre the Pand O. liner Ranchf which ernment Civil Hospital after treat- {left:
the
on February 9, for ment for a life wound, could not Lewis, Becond prize to Mrs. Penton,
be found by the police.
and Booby prize to Mrs. Hopkins.