BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION,
Abchanized' Cupi
860,900,000 Lourd and Piły Pall my smeta 36,890,006
Hongera of
£ 6.400,000 $12,000,000
kukan pronte at Bayrlasted $29,000,000
HRAD OFFICE, HONG KONG.
MOLED OF DIRECTORS ----
W. E. J. J
BONJ, 0.3. Hacksi
Chairman.
3. F. Warren, Maq,
Deputy Chairman.
A. EL Compton, Kat.
X. & Marrison, Kag.
· Hon. Mr J. J. Paterson
T, E. Pero Kra. TR. Shan, Boo
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, '1852.
HEAD OFFICE: LONDON.
Paid-up Capital
Romere. Fond
-xxx.com
Resurre Liskitty of Pro-
prietors
“Agencies ́und Menschen:
ALON STAR
RAINFERIORS BATAVIA KERAY DALOUTTA CANTON CAWEFORS
KUCHING
MADRAS
NEW YORK
MAKILA
MEDAR
PEXPUNG (Paking)
PENAWO
SATOON
TEMAZAING
STRGAPOR
SITIAWAN
BORG LONE
MAPHONG NAXHIUNG JAWKOW
SOUNABATA
CH
ommerce and
Finance
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations.
New York, Yesterday. Dow Jeam ArREAKING
Last To-day's Chanume
30 Industriala 103.07, 108.46 21 down! 47.94 47.80 14 down 20 Rails
28.64
28.45 519 down 20 Utilities 49 Bonds... $1.47 81.68.14 up
Commodity
COTTON, SILVER AND WHEAT
Latest Quotations.
NEW YORK COMMODITY MARKETS
New York, Mar. 1, Messrs. Asia Lande Löd. have već calved the following quotations on the New York cotton and wheat, Index. 53.55 58.46 109 down Messra. E. A. Pierce & Co. Re-rubber, silk and silver exchanges port:-The market again showed on the Commodity Exchanges Inc.
New York. little or nothing. of interest. The attempted rally was inconclusive and we do not think that selling in the last hour looked particularly |---
Wheat: Market dull. General important.
There was no pressure until near
Feb. 27 Range Feb. 28 Range Current Accounts spased and Fix the close. Offerings were pretty Maye....46.95 46.96 ed. Deposits received for one year or
AMOT
BANO KON BATATHA
VRAT MALOUTTA
MAXTON 0x1000 COLOMBO
LOIDER STOR
BALLOOS
MANILA
MUAN (Jaboro)
MURDER
NEW YORK
PERAND
NOOOK
BATION
SHANGRAT
SINGAPORT
#CUMERATA
ILOILO
FROM
PRIFING
THEFTER
TONGKAH (Blendet) TSTEHT LO TOKOHAMA HAYKANGA
Foreign Exchange and
ZARADIT
131
Kox
DAIR-JOR BOOCHOW
KUALA LUMPUR
Tinos
XANBURG
HAM PILAN ORIOS
BANKOW
HUNONI PATANI
HOMEW
SLOMO
JOHOR
KORK
HOWLOOM
KUALA LUMPUR
TOETO
THINGTAO
TOKOHAMA
Current knew opened is Los Terratry and Fixed Deposčia romired for one your
Hong Kong, 26th February, 1934.
HONG KONG SAVINGS HANK.
The Bodhan of the shore Bank la woodnated By the HOND KONG AND SHANGRAL BANK THE CORPORATION. 1869 he almiered
POR YER BONGKONG AND TRANSKAJ SABKEER COMPORATION,
V. M. DRAYBURN,
Hong Kong, 26th February, 1934.
BAFETY FIRST !
To Safeguard Your Valuabina and Jewellerloo, Depot them is a Vault that really: FIREPROOF BURGLAR-PROOF DAMP - PROOF I OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Coo- stracted to provide all of these Im- portant Qualities.
You may obtain a Safe Deport Box is this most up-to-date Vault for your own use at a very moder ats Rental
Inspection Cordially Invitad.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Carner of les House Street and Des Voeux Road, Central.
Banking basinase transected.
Closing Commodity Price o February 28.
SILVER.
Silver: Commodity Exchange Inc. of New York:
| aborter perioda at rates which will be well liquidated, but the market muM) July^... .47.33 47.37
quoted on aoplestion.
W. I. E. THOMAS,
Acting Manager. Hong Kong. 20th February, 1934. THE BANK OF CANTON, LTD.
Established 1913.
Head Offer:--Hong Kong,
Lythrined Cupčka) (Y.X. Currency) ... $11,000,000 Pad-Up Depliaš -- Bestri Paad 1,150,000
BRANCHE-
Carina Khan,
Baaber, Boogkok,
and fix Frearises.
LONDON BANKERS 100
The Lay's Bank, Idential. COLESPONDENT
Lasil pelanipal attine of the World.
Forsigs Exchange sad kuklag bidaan of very niption tremented.
Bela Depas Berse (variouz olami si a poorly rental of from 84 fo ̈968.
THE BANK OF EAST ASIA, LTD.
Authorised Capital Paid-up Capital ...... Reserve and Undivided
Profits
Cotton: have renewed support. The market remained generally quict. Conditions, however, are coming under the influence of the uncertainty with regard to the Bankhead Bill, which is still in the
committee stage.
ין
47.01 47.08
47.50 47.55 48.00 48.05 Sept. Total sales for the day:-
-440 contracts of 660 contracts of
25,000 ors, each 25,000 ozs, each
Market:-Barely steady.
RUBBER.
There Silver:
was new buying on possibilities of Washington development in connec- tion with silver, Indian and Chin
credited ese interests were buying in London.
Rubber: Commodity Exchange inc. of New York:
་་་
with
Business Done:-1,320,000 shares Last To-day
Comper Mining 14
Aviation
$10,000,000.00 Borden Co, * 6,598,600.00 Canadian Pacific
J. 1. Case
$ 2.812,000.00 Caterpillar Co.
HEAD OFFICE:-HONG KONG 12. Des Voeux Road, Central,
BOARD OF DIRECTORA— * Sir Shouson, Chow, Chairman.
Li Koon Chun, Esq, P. K. Kwok. Esq. Wong Yun Tong, Esq.
Chan Ching Shek, Esq.
Li Lan Sang. Ex.
Du Pont de Nemours 98 Eastman Kodak
......
Havana Caba-In Cuban Politi cal clash —— Although appointed Secretary of the Interior in the now abinet formed by President Can Heria of Cuba, Antonio declared Guiteras (above) has that he will not remain in the new cabinet as long as Col. Fulgencio Batista, who has pledged his loyalty to the new regime, mains head of the army.
LOCAL DOLLAR RISES %.
Janean
re-
THURSDAY MARCH 1
ADVERTISEMENTSATUEEN'S
NOTICE.
TOTICE IS HEREBY GIVEN
Nat Mr. JOHN C. FAERS Is
no longer employed by the NEWS-| PAPER ENTERPRISE LTD., the CHINA MAIL, the HONG KONG SUNDAY HERALD or the HONG KONG DOLLAR DIRECTORY COMPANY.
D.C. WILSON,
Manager.
Hong Kong, 1st March, 1934.
HONG KONG TECHNICAL INSTITUTE.
THE INSTITUTE (will » be re-|| Topened on MONDAY,
5th
March, 1934. Provision will be made for instruction in English Literature. Commercial, English,| French, Shorthand, Book-keeping,| Physica, Chemistry, Pharmacy, Hygiene, Pedagogy, Electrical Ex- gineering, Building Construction, Field Architecture, Sanitation, Surveying, Physical Instruction, | Machine Drawing, Applied Mechanics, Cookery and any other!
subject for which there is sufficient demand.
Entry forms and copies of Proa- at the Silver Prices Advance.pectus may be obtained
Education Department or at the Central British School.
Sharply.
The local dollar has advanced
1/6%.
Feli. 27 Range Feb. 23 Range opening demand this morning at Mar...10.26 10.26 10.32 10.85 10.60 10.64 May....10.56 10.56 ...10.85 10.85 July
10.89 10.93 Standard No. 1 "B" Contract. Total sales for the day?-
691 contracts - 847 contracts SILK.
Silk: Commodity Exchange Inc, of New York:
Feb. 27 Range Feb. 28 Range
1.40 1.42
Spot and forward si ver prices rose sharply yesterday, cloɛing at 20 11/16 and 20% respectively as against 20 3/16 and 20% respec-| tively on Tuesday,
The London on New York crose rate, quoted on Tuesday at £-US. $5,074, yesterday closed at U.S. $5.06% while the New York on London rate closed at £-U.S.$5.- Sugar: New York Sugar & Coffee 06 an sgalast £-U.S.$5.06.
... 1.41 1.42
SUGAR.
,
Cotton: New York Cotton Ex- change:
Prica
Air Reduction
Allied Chemical & Dye .151% American Can
Price
3 99% 97% 150%
102
102
American Radiator
14%
14
•
LOOK POONG BHAN,
American Smelting American Tel & Tel.
45%
442
120%
Mar.
Chief Manager.
American Tobacco "B"
74
73%
Waterwork. 214
21%
62%
Exchange:
19%
18%
Feb. 27. Feb. 28.
22% 22N
March
1.67 1.59
10
1514
75% 73%
May
284 28% Chanc National Bank 28x+ 2844↑ 55* Chrysier Motors ...... Concolidated Gas of N.Y, 30% Cartiss Wright
July
1.61 1.65
1.63 1.67
Market:--Quiet.
385
COTTON.
4%
99%
90
Feb. 27 Range Feb. 28 Range
Electric Auto-lite Co., 28 Electrle Bond & Share. 17
16%
Mar.
..11.83 11.83
11.86 11.86
Electric Power & Light 7
May
.11.96 11.98
11.98 11.99
smeral
General Electric
20% July
.12.11 12.11
12.11 12.13
Gener
General Foods
33
33
General Motors..
38
38%
Oct.
.12.21 12.21
Gillette Safety
10%
114
Doc.
10%
Jan. 195%
..12.29 12.82 ...12.31 12.32
12.24 12.25 12.35 12.36 12.40 12.40.
Internat Harvester
4014
40%
14%
Middling
8
R$
Spot ..12.15
Low's Inc.
31%
Manila
Scattle
Montgomery Ward
31
30%
Batavia Bombay Calcutta Centon Haiphong
Melbourne
Semarang
National Biscuit
41
Nagasa
Shanghai
National City Bank
204 28t
New York
Slogapore
14%
Diska
Pacific Gas
&
19. Electric
19%
Paris
Bústow
Packard Motors
514
6%
Peining
Syndey
Pennsylvania Rly.
3444
34%
Honolulu Kobe Kowloon London
Penang
Saigon
Talhoku
Tokyo
Yokohama
Radia
Corpn.
May July September și Total sales for the day:-
L
Roebuck
45%
45%
Socony Vacuum Corph, 164
16%
10,000,000
bushels
Standard Brands
21%
21%
Standard Gas
12
12%
Standard Oil Co. of NJ. 46%
40%
20
26%
7
14%
124
Price, per of
24%
0% 64 5434 384
Wong Chu Son, Esq.
Kan Ying Po, Esq.
Kan Tong Po, Esq, Chief Manager Li The Fong, Esq. Manager,
BRANCHES AND AGENCIES---
Amoy
THE BANK OF TAIWAN, LTD. Hankew
(TAIWAN GINKO.)
HEAD OFFICE:-Talpek, Formosa. Incorporated by Special Imperial Charter. 1839,
Central Brak i Torre Rack-Motor Tunged Average niño!...
AUTRE On and after August 15th, 1983, the rate of Interest on Special Current Deposit will be at 2% pa. on daily balance and the rate for balance over $10,000 will be quoted on application, (Maximum rate-16%).
LONDON HANEERS :
Midland Book, LAL, Wurimineer bra. Lai
The Bank hos Derengenderia is all Sha peinapo Sunmarried Onsiens throughous, the weld."
1. KADURA.
SONG KONG BRAMON
**G, DW Tanz Band Coertzel Many Kat: Devumber 31, 201
'THE YOKOHAMA SPECIE BANK,
Soprabaya
Rangoon Tientsin
San F"cleco Vancouver
KAN TONG PO.
Chief Manager. Hong Kong, 24th November, 1982.
THE
AMERICAN EXPRESS COMPANY,
nic.
Head Office:-65, Broadway, New York.
Gold
Dust
Internat. Tel. & Tel.
evett & Myers "B"
Louw
National Dairy Prod... 15
;
.125
01
43
12.156 WHEAT. Wheat: Chicago Board of Trade:
Feb. 27. Feb. 28. 87 86% 86% 85% 67 86%
20,000,000 bushela AMERICAN GOLD PRICE: (WASHINGTON).
Feb. 27 Feb. 28
U.S.Treasury Gold.
85.00 25.00
EXCHANGES.
TO-DAY'S QUOTATIONS.
On London
T..T...
On New York- On demand
Corpn. Every description of Basking and Texan Exchange business transacted. Loans Trans-America
Union Carbide & Carbon 45 granted on approved securities.
Current Accounts opened in Local Union Pacific..
rency and Fixed Deposits received United Air & Transport 24% ..55% for one year or shorter periods in Local United Corpn......*** and Farelen Corneeles on terms which United States Steel will be quoted on application
Westinghouse E. & M.; 89%
EID-+: XD, Safe Deposit Boxes To Let
INVESTMENT NEWS RECEIVED BY MAIL Copper. Code Ready Soon-Only # few details remain to to be ironed out before the proposed code for the copper industry is completed after which public hearings will be held starting perhaps around the middle of February. United States Cop per Association is the name of the organisation sponsoring the code. Its membership represents 94 ̈ per cent. of domestic mine capacity, but smelters and refiners also enrolled bring the total to '98 per cent. of the country's copper industry. The code authority is expected to have
On Shanghal- power to enter buying and selling
On demand agreement with various fabricating on J Interests, through which fabricators On demand will all 75 per cent. of current re On Manlle quirements of newly-mined output,
On demand, New York Central will receive On Singapore BFC aid in handling Its May 1
On demand maturity of $52,500,000 in banda, On Balaria. Chairman Jones of the government On Cem credit agency, a stated, Tentative On Bales plans call for the road to mesta Of portion of the ma
LIMITED.
Established 1848.
Capital Surplus Reserves
Yen 121,250,000
Capital (folly pai"-up) Yen100,000,000 Reserve Fund
Hand'Ollies:—TOKOBANA
and àgoodies at:
Alexandria
Bombay
Calcutta
Canton Dairon (Dalry) Teugten (MEd Hamburg
Harbia
DiNagasaki
· Nagoya -
New York
Daska
Parts
Peiping Bangoon
Rio de Janeiro
San Francis
Beattie,
Toss
.U.S.86,000,000.00 U.8.81,867,089,17 U.8.$1,715,979.87
BRANCHES Semi
Brezches
Day in Principal
Hexico, ^liy_
Bbulas of America and
All élness of 'Gomminorelai Transactions:
Com United
refunding
The RFO
On Paris
İTHOS. COOK AND SON
(BANKERS)
The Annual General ·
Meeting.
Strong Position Revealed
W
A. O. BRAWN,
Technical Institute.
Director,
NOTICE.
TE have This Day removed our office from No. 5, Duddell Street, to No. 18 Ice House Street.
NORONHA & COMPANY,
Government Printers. Hong Kong, 1st March, 1934.
REMOVAL NOTICE.
TAROM 1st March, 1934, our Office
FR
will be situate at, NATIONAL BANK BUILDING (corner of Des Voeux Road central and Ice House Street) 1st floor.
VICTORIA PRINTING PRESS.
戦い
THE HONG KONG JOCKEY CLUB.
The annual general meeting of DANTRY FORMS
and Son
TODAY
SPECIAL MATINEE AT 5.00 P. M.
Henry Bellit's
A
L
L
AMERICAN
o
STARS
and
PROGRAMMES.
and for the
GIRLS
Messrs. Thos, Cook (Bankers), was held in London on FIRST EXTRA RACE MEETING, January 17, the Report and Ac- to be held on SATURDAY, 10th 1934, (weather per- counts showing a very satisfactory March,
mitting) may be obtained at the state of accounts,
Gloucester Secretary's Office, Building, the Club House, Happy Valley; the Hong Kong Club, the and the Stables, Sports Club Shan Kwong Road.
Entries close at 12 o'clock NOON on MONDAY, 6th March, 1934.
By Order,.:
The balance-sheet shown at the meeting, representing the banking side of the business of the world- wide travel organisation, reveals a remarkably strong, position, the of liquid assets having amount been very much increased, even as compared with the situation of a year ago.
Below is a comparison of the leading items of the statement:- 1033
Liabilities
1932.
F
Capital & Reserve 250,000:
250,000
Deposits, &c. .... 2,974,165 2,004,761
Assets,
Cash & Current
Account
On Deposit
(Barkers)
At. Call, &c.
Discounts Investments Advances
* 603,053.520,818
885,722 1,207,500
295,009
331,763
185,000 341,457
199,039.474,300
216876
LONDON EXCHANGES.
148,076
1/6%
On, demand Four months" sight 1/6 Credits (months".
Bight
1/6%
1/?
88%
Credits 60 daya"
sight
London, Yesterday.
Paris
On, demand
680
"New York
Crédita 4 months' ...' sight On India-
Montreal
620
Brussels
Genova
T. TA
100%
On demand
Amsterdam
Berlin Milan
7.54
•12.794
58 9/16
Stockholm
19.39
1271
Copen
22.407
Onlo
*19.90
28
122
Hal
On
77 1/32
5,06%
5.093% 21,784 15.6914
22612
11/828
580, sellers
225 22
AYA BO
86% 3.0 8818.0 1/6 3/22
:
C. B. BROWN,
Secretary.
Hong Kong, 1st March, 1984.
KING'S
COMMENCING SUNDAY
Marlene DIETRICH
THE SONG
OF SONGS
R E
U
E
Cts