BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Autherland Capital
Sword and Fully Paid-up.....................
20,000,000
Reserva Punda :-
Barking
£ 1,800,000
Bikvar
$10.000,800
Reserve Liability Proprietors #20,000,000
HEAD OFFICE: ROXOKONO,
BOARD OF DIRECTORS,
}}, (1,ast, Mackla
Chairman.
2. P. Warten, P, Deguty Chairman,
W, Ul. Bell, Kagg
A. IL. Compton,
1. Mimkin. Bagi
KJR. Morsnes, Em.
ANOT
BANGKOK
BATAVIA
BONBAY
*CALCUTTA
CANTON
CHEFOO
COLON DO
DATREN
POOCHOT HAPHONG
STAMTRIER
BANKOW BALTS
HOSGREW
IPOH
Sorter.
ROBE
KOWLOON
V. M. Graykora, Fag.
Chief Manager,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON.
Agencies and Branches:
Singapore Sitiawan
Sourabaya
THE CHINA MAIL.
Commerce and
Finance
COTTON, SILVER | NEW YORK STOCK
AND WHEAT
NEW YORK COMMODITY MARKETS
Paid-up Capital
Reserve Fund
· £5,000,000 .ES,000,000)
Reserve Liability of Pro-
prietors
.£3,000,000
Latest Quotations.
Alor Star
Amritsar
Illoilo Ipoh
Rangoon
Saigon
Iton. Mr J. J. Patern
Bangkok
Karachi
Semarang
T. E. Peter L»o.
Batavia
Klang
Seremban
1. Ji Khan, Kon
Bombay Calcutta
Kobe Kuala
Shanghai
Canton
Cawnpore
Čebu
Calambo Dellal
Madras
Taiping
Manila
Tientsin
Medan
Tongkak
Haiphong
New York
(Bhuker)
Hamburg
Peiping
Tsingtao
Hankow
(Peking) Yokohama
Harbin
Hong Kong
and Generat
Banking business transacted
FAIGON
Current Accounts opened and
Fix
KUSIA LUNTUD
ed Deposits received for one year or shorter periods at rates which will be quoted on application.
May
July
BRANCHISI-m
TORDON
LYONS MALACCA
HANILA
MUUA (Jokore)
AKDEN
KEW YORK
PRIPING
PENANG
ΠΑΝΩΝΟΝ
SAN FRANCISCO
SHANGRAT
SINGAPORE
HEM KABATA
FUNGEL TATANI
THESTSIN
TOKYO
TINOTAU YOKOHAMA
Owl Arranite opened in Ir Correar? and Bard Deponite romaized for one your shorter periode in Leral Company and Harling as tarina which will be quoted in application. Hong Kong. 26th February, 1934.
HONG KONG SAVINGS BANK.
The Benizens of the above Beak is sunku14.
ed the BOKG XONG AND SHANGHAI MANEINO CORPORATION.
obtained a spalicetine.
Kulno way
FOR THE BONGRONG AND HANDRAI RANZIKO CORPORATION,
V. M. GRAYREOK.
Chief Manager.
Hong Kong, 24th February, 1934.
SAFETY FIRST!
To Safeguard Your Valuablea and Jewelleries,
Deposit them in a Vaul
that is really:
FIRE PROOF BURGLAR - PROOF
DAMP - PROOF!
OUR SAFE DEPOSIT VAULT
Floor of
Penang Zamboanga
Foreign Exchange
W. H. E. THOMAS,
Acting Manager. Hong Kong. 20th February, 1984.
THE BANK OF CANTON, LTD.
Established 1912,
Head Office:Hong Kong.
Ausborrand Capčiai (8.1. Durrsary) ...$11,000,00
1.144.000 Fall-Up Capčić te
1.100,000 Besora Paudw
BRANCHLE
Comics ghal.
"Bankie. Kangbok
and Can Fraecipus. LONDON BAXENZI :-
The Lit Bank, Lámited CORESPONDENT-
In nil principal stum of the World.
Pig Exchange and beating banners of very scriptice inserted.
Sale Depot Borm (arious sivasi si a pouriș senia a rom in $48.
LOOK POONG SHAN.
Chief Manager
New York, Mar. 7. Messrs. Asia Lands Ltd. have re caived the following quotations on the New York cotton and wheat. rubber, silk and silver exchanges an the Commodity Exchanges Inc., New York:-
Closing March 6.
Commodity
Price on
SILVER. Silver: Commodity Exchange Inc. of New York:
EXCHANGE
A.O.F.C. Quotations.
New York Yesterday,
Dow Jones Averages.
Last To-day's Changes
·Åver. Åver.
30 Industrials .105.02, 103,84 1.18 down 48.89 18.69 20 "down 20 Rails 20 Utilities
26.72 26.5418 down 21.7891.8305 up 40 Bonds Commodity In-
dex
$4.25 53.80 - 45 down Messrs. E. A. Pierce & Co Re port:-Everyone seems to be stand- ing aside awaiting developments, Most of the news, to-day dealt with the labour unrest, especially in the motor centres. Wheat: News was colourless. Receipts were light. We need a new stimulant to create 46.85 46.90activity. Cotton: 47.25 47.35 47.80 47.80 47.55 47.69 Sept.
48.55 48.55 Dec. ..48.35 48,35 Total sales for the day-
180 contracts of -- 63 contracts of
25.000 ozs, cach 25,000 oz. each
Market:-Firm.
Mar. 6 Range Mar. 6 Range ...46.70 46.75 ..47.18 47.18
RUBBER.
Rubber: Commodity Exchange Inc. of New York:
Standard No. 1 "B" Contract. Total sales for the day-
152 contracts - 527 contracts
SILK.
Silk: Commodity Exchange Inc, of New York:
THE BANK OF EAST ASIA, LTD, Mar.
Authorized Capital Paid-up Capital Reserve and
Proßca
Mar, 5 Range Mar. 6 Range 1.3814 1.392 1.39 1.40
SUGAR.
Sugar: New York Sugar & Coffee Exchange:
Undivided
$10,000,000.00 $ 5,598,600.00
$ 2,312,000.00
March May July
Market:-Quiet.
HEAD OFFICE:-HONG KONG 12. Des Voeux Road Central.
BOARD OF DIRECTONS:-
Sir Shouson Chow, Chairman.
Li Keon Chun. Esq.
P. K. Kwok, Eng.
COTTON.
Cotton: New York Colton change:
Market dull.) & The Trade is awaiting the final dis-1 position of the Control Bill. Silver: Traders are generally awaiting a new incentive; with attention cused on Washington.
fo-
Named President
Carlos: Hevia, 55, who wME made Provisional President of Cuba after the resignation of Ramon Grau San Martin. graduate of the U. & Naval Academy, he was Secretary, of Agriculture in the Grau cab- inct.
MAINTENANCE OF
VALUES.
Fletcher-Rayburn Bill Almost Opposite.
SPECIAL TO CHINA MAIL Business Done: --810,000 shares. (By Telegraph, Coppright. Telegra- Last To-day's ¦ phic Mensages Ordinance, 1594; R** Price Price ceived March 7, 8,18 am)
$ T 984 884 Allied Chemical & Dye .152 151 ..1024 102 American Can American Radiator.... 15% 14%
Smelting
46% .... 40 American
120K American Tul & Tel
72% American Tobacen
Canadian Pacific
J. 1. Case
Caterpillar Co
ᏭᎢ
Chere National Bank Chrysler Motors Consolidated Gas of N.Y. 39 Curtiss Wright Du Pont de Nemour Eastman Kodak ... Electric Auto-lite Ca.
Bond & Share..
Bric Power & Light
Washington, To-day. The United States Assistant Secretary of Commerce, Mr. John Dickinson, yesterday told. the House of Representatives Com- Inter State Commerce mittee that the Fletcher Ray- diametrically burn Bill Was opposed to President Roose- velt's policy for maintaining values-United Press, per S.C. Gold Bar Co.
WEDNESDAY, MARCH 7
TWO BANK LOANS
DEFAULTED
U.S. Financial Circles Offer Advice,
· RAILROAD - COMPANY
·INVOLVED
·SPECIAL TO CHINA NAIL
(By Telegraph. Copyright.. Telegra phic Messages Ordinancs, 1801. Em ceived March 7, 10,01). aax“)
Washington, To-day.
NEW ADVERTISEMENTS.
PUBLIC AUCTIONS.
THE
HE Undersigned" bave received Instructions to sell by Publis
Auction
TON Friday, the 9th, March 1934 commencing at 2.30 pm.
at their Sales "Room,
4, Duddell Street.
A Quantity of
VALUABLE HOUSEHOLD
The Protective Bondholders Committee of the St. Louis and comprising
FURNITURESSAA
ag
Teak
Iron Mountain Railroad, has Chesterfield Couches and Azze filed securities for registration chairs, Tenk wardrobes with be with the Federal Trade Commis-velled, mirrors, Teak dining tables, sion, alleging that two bank dining chairs, Teak sideboards loans of approximately U.S.$40,- with bevelled "mirrors, 000,000, guaranteed by the Van cabinets, Chest of drawers, Dress- Sweringen interests, had defaulting tables, etc., etc.
Silver wäre, Cutlery, Wall clock, Financial circles call attention.Tea sets, Glass ware, Dinner ser- (however, to the fact that, the
technically, the loans are not device, Table Lamps: Gramaphones faulted, due to the fact that they and records, Tennis rackets, Pie- Įtures, Linen, Carpets and Rugs, are covered by a blanket agree- Ice Chest, Screen, Tollet set, Look-
jed:
ment which. Van Sweringen's, made with the bankers.
ing glass, Chamber stand, Teak
1 Piano, 1 Sextant, 1 Ship's Com-
The latter have officially de- bedsteads, etc., etc. nied the contemplated taking jover of the Van Sweringen roads. Pass, 1 Cash Registrar, Code Books, There is said to be no change in Complete set Harmsworth self
Education the status of the loans that notes covered interest payments-United.. Press per S. C. Gold Bar Co.
Statements Now Found inst
To Be Incorrect.
SPECIAL TO CHINA MAIL, (By_ Telegraph, Copyright Telegra. phic Mesanges Ordinance, 189%, "Re- crived March 7, 818 aan)
New York, To-day.
and A Large Quantity of Blackwood iWare
On View from Thursday, the 8th
Terms: Cash on Delivery.
LAMMERT BROS,
Auctioneers. Hong Kong, 7th March, 1934.
COMPANY MEETINGS
THE HONG KONG ELECTINC COMPANY, LIMITED.
Enactment Would Be faulted on the St. Louis and Iron NOTICE IS HEREBY GIVEN
Disastrous.
29% NATIONS' SECURITY MARKETS
Air Reduction
Mar. 5 Range Mar.
...10.53 10.64 May
10.78 10.81 July....11.07 11.09
Mar. 6 Range 10.71 10.71 10.93 10.95 11.22 11.22
121
"B" 75
Anconda Copper Mining 15%
American Waterworks 20%
20%
15%
Auburn
54%
Bendix Aviation
19%
1944
Borden Co
23
23
24
15%
10%
764
74%
30 30
554
2014
28/2
564
39%
424
4%
93 .100%
80
88%
Mar. 5. Mar. 6.
30
1814
17%
1.56 1.53
.1.61
1.56.
General Electric
21 244
21%
1.64
1.60
General Foods
3344
33%
General Motora
3914
37%
Gillette Safely
114
11%
Gold Dust
194
194
Ex-Internat Harvester
404
42%
Lan Sang, Esq.
Mar.
...12.10 12.10
Mar. Range Mar. 6 Range
12.01·12.01
Inc
Internat Tel & Tel. Liggett & Myers "B" Loew's
141⁄4
34%
87
85
31%%%
314
32%
314
Safe Deposit
Wong Chu, Son, Esq.
Vault
Kan Ying Po, Esq,
May
.12.21 12.23
41
30 4 20+
July
.12.33 12.33
12.25 12.25
15
Kan Tong Po, Esq, Chief Manager. Li Tas Fong, Esq. Manager.
Oct.
.12.46 12.46
17% 17
Dec.
19%
10%
5%
BRANCHES AND AGENCIES.—
35%
Amoy
Seattle
Middling
35
Batavia
Bombay Calcutta
Melbourne Napazak!
Honolulu
Canton Haiphong Hankow
Peiping Penang
Kobe Kowloon Lendon
Rungoon
Semarang Shanghai Singapore Sourabeys Swalow Syndey Talboko Tientalo
Spot 12.45
Radio Corps Sears
84
Burg Roebuck
48
484
17%
1714
Standard Brands Standard
21
Gas
13
Mar. 5 Mar. $.
Standard
and Oil Co of NJ.
404%
May July
8734 871⁄44
Texas Corp
2714
867% 80%
Trans-America
T
September
8714
Union Carbide & Carbon 45%
44%
Saigon
Tokyo
Union Pacific...
...126 126
San F'cisco
Vancouver Yokohama
United Air & Transport 24%
24
10,000,000 bushels
United Corpn. ...................... United States Steel
6%
C
651
54%
Westinghouse E & M
BID-t
4014
397
Mar. 6 Mar. G
Price, per o2. .....
.35.00 $5.00
located on the Mezzanine Our New buildiu ir Specially Con- structed to provide all of these Im- portant Qualities.
You may obtain a Bax in this most up-to-date for your own use at a very moder. ate Rental.
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Jee House Street and Des Voeux Road, Central.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.), HEAD OFFICE:-Taipeh, Formona.
Incorporated by Special Imperial
Charter, 1895.
Central Bank in Ferman
Baby-Fotos jauti kewagi umevzi „..Tas
On and after August 15th, 1993, the
Wong Yun Tong, Esq.
Chan Ching Shek, Esq.
Manlle
New York Osaka Parts
Every description of Banking and Loans Exchange business transacted. granted on approved securities.
Current Accounts opened in Local
.12.55 12.56 Jan.....12.42 12.62
12.12 12.14 Numery Ward
Biscuit City Bank
12.35 12.37 Dairy Produce 15%
12.45 12.40
Elevator Pacific Gas & Electric Packard Motors
12.50 12.53 Ponylvania Rly
WHEAT. Whent: Chicago Board of Trade:
Socony-Vacuum Corpn
12.35.
877% Total sales for the day:-
10,000,000
Sushels
AMERICAN GOLD PRICE:
(WASHINGTON),
rate of Interest on Special Current Currency and Fixed Deposits received U.S. Treasury Gold Deposit will be at 2% pa. on daily for one year or shorter periods in balance and the rate for balance over Lacul and Foreign Currencies #10,000 will be quoted on application terms which will be quoted on appli- (Maximam rate-1%%%).
LONDON BANKERS + Boeslays Bank, Lök. Koris Bank, LAJ Midland Bank, Lid., Wardeisutor Bank. Tad,
The Beat bar Derrospondoula la, all the priqmpel Jammerde) Contre shrpaghent the wall. L MAGURA,
HONG KONG BALANCİT)
3. Des Van Best Central..
Hong Kong Donombor 94, 19601.
Leation
Safe Deposit Boxes To Let,
KAN TONG PO.
Chief Manager, Hong Kong, 24th November, 1938.
THE
on
AMERICAN EXPRESS COMPANY, INC.
Head Oficer--65, Broadway, New York,
THE YOKOHAMA SPECIE BANK Caplin)
LIMITED.
Established - (880
Capital (fully paid-up) Yen.100,000,000
.U.8.$8,000,000,00 Surplus
....U.S.$1,867,089.17 Reserves ....... U.8.51,718,979.67
• The you
Kavana Harburg
BRANCHES---
AmsterČas
thesce
Reserve Fund
.Yen.321,250,000
Antw Athens
Mxinco Cly Klaw Naples
Head Office:-YOKOHAMA
Beale
Kisw
Barlia
Bombay
'Branches and Agencies alt-
-Beamon
Bromela
Mbled Interlaken Forssalam London Liverpool
Pripfi
Routardess
Alexandria
Nagusak
Caire
Bonikampia
Balavia
Nagoya
Berlin
New York
Bombay
Calcutta
Usoka Paris
Canton
Daires (Dalny)
THE OVERSEAS NATIONAL BANK LTD.
EXCHANGES.
SPECIAL TO CHINA MAIL..
(By Trlegraph. Copyright. Triegm phic Messager Ordinance, 1994, Ree! ceived March 7, 11.15 car;)
Mr. Dickinson said that the enactment of the Fletcher-Ray. burn Bill in its present form would virtually wreck the na- tion's security markets.
Senator Robinson said that the Bill would not be permitted to pro- long the session, although he em- phasised that he did not want to convey the impression that the Bill should be shelved.
It is understood that the Admin- istration leaders feel no need for 1244 haste in enscting the measure. 40%
United Press per S. C. Gold Bar Co. 201
TO-DAY'S QUOTATIONS.
On London.
T. T.
1/6% On demand. 1/6% National Bank Building.
Four months' night 1/63⁄41⁄4 BA, Des Voeux Road, Central
Credits 4 months'
aight Authorized Capital ..... $5,000,000.00 | Fald-on Capital ve 1,000,000.00 Os New York-
New York, London and
On demand Paris Agents; BANKERS TRUST COMPANY. We offer facilities for the transse- tion
of general banking business. Foreign Exchange transacted. Stocks On Paris
Loans and bonds bought and sold. granted on approved securities.
LEE FANG, Gaderal Manager,
1/7
88%
Credita 60 đáyı
sight.
nom.
On demand
582
Credits 4 months'
sight
€22%
On India......
100%
100%
110
Fengtion (Mukden) Rio de Jenelco Hamburg
San Francisco
Hankow Peper Seattle
Calbetia
Lagano, Canno
TAJECT Colombo Copenhagen
Make Carle Dublin Ettaligh Musick Flora
Montrea
Branches of American Express Com pany in Trincipal citias" of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken:
sphal Investment.accounts
THE MERCANTILE BANK OF INDIA, LTD,
HEAD OFFICE
18, Genachtech Mounts, Landon, “16.08.
Authorised Capital", Subscribed Capital ............. Paid-up Capital visgra Reserve Fund
T. T: On demand Da Shanghai---- On demand On Japanto On demand; On Manila
On demand. On Singapore On demand", On Batavia-
On demand On Balgun
Harbin
Hong Kong
Honolulu
Hrinking Karacal
Semarang
Shanglial
Singapore Boerabaya Sydney:
Rat
62%
PRIVILEGED STATUS
REASON.
Cotton Planting In The
Southern States.
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright; Telegra- phic Messages Ordinance, 1801, Ber |ceived March 7, 835 am)
Washington. To-day.
The House of Representatives Itules Committee has 'voted to give the Bankhead Bili privileged status, due to the imminence, uf cotton planting in the southern States of America-United Press, per S.C. Gold Bar. Co...
BANKHEAD BILL FAVOURED,
Special Legislative Right Of Way,
Washington, To-day, The House of Representativën Bulcs Committee has voted to give the Bankhead Billy special legisla tive right of way in the House!!! Mr. Jones, Chairman of the] Agricultural Committee, states that he will seek early action. Reuter,
INTERMEDIATE CREDIT BANK.
On demand
58%
President's Confe
Not DiscloseO
OB
1225
nee
The Chairman of the Bandhold- ers Protective Committee has an-. nounced that the earlier statements regarding the interest payments de-
that the FORTY-FIFTH OR- Mountain and Southern Railway DINARY YEARLY MEETING will bonds has been found incorrect-be held at the Company's Offices, P. United Prese per S. C. Gold Bar Co. & O. Building, on WEDNESDAY,
LONDON EXCHANGES.
Berlin
Paris
New York
London. Yesterday.
77 1/16 5.06%
Montreal
5.09%
Brussels
21.77
Geneva
13.60
Amsterdam
7.534
Milan
69%
Stockholm
12.77 19.39/
Copenhagen
22.40
Oslo
19.90
Vienna
284
Prague
122%
Helsingfors
226/2
Belgrade
222
Madrid
37 9/32
Lisbon
109%
Athens
530 Sellers
Bucharest
510
Rio
4*
Buenos Aires
361⁄2
Montevideo
3814*
1/6 3/32 1/4
Bombay Shanghai Hong Kong Yokohama
1/65% 1/2 3/16 20 9/32 20%- 103 13/16 -British Wireless Service,
Silver Spot Silver Forward Warloan 3%
SHARE MARKET.
14th. March, 1934, at 11 a.m. for the purpose of presenting the Report of the Directors together with & Statement of Accounts to 31st December, 1983 and electing: Direc- tors and Auditora.
The Register of Members of the Company will be closed from 3rd March to 14th March, 1934, both day's 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.
'AUGUSTINE BIRRELL' LECTURE
Sir William Hornell Addresses Learned Gathering.
CHIEF JUSTICE WELCOMED
At the fifth meeting of the 1955- 34 session of the Hong Kong branch of the English Association, held yesterday afternoon at the He- lena May Institute, à very inter- esting discourse was given by the Vice-Chancellor of the Hong Kong University, Sir William Hornell...
The subject of the lecture was' "Augustine –– Birrell," the author. 1 who wrote only two books, one, the There was an absence of interest like of Charlotte Bronte, and the in "all" sections of the market to- other, a study of his old friend day, and rates were caster in a Sir Francis Lockwood, number of issues. The only sales - The Hon. Mr. R. HL. Kotowall pre- officially reported are Lands 870%, sided over, the meeting which was Trams $214 and Dairies $28.
The official : summary of the |Hong Kong Stack Exchange fasted | yesterday at 8.15 p.m.
Salce
Bank of East Asia 893 Antamoke 72 ctą Hong Kong Lands $70% Hong Kong Trame #21% Dairy Farma $25
Gott Loans 7% Prem.
Hong Kong Banks $1790 Union Insurances $550 - H. K Fire Insurances $285 Donglases $85Y Wharves $118 Docks $14ME Providenta (old) $2.45 Hotels $6.45 VA Realties $0.80 Star: Ferries #95%%% Yaumat! rrios:#28:
attended by a large gathering.
The Chairman announced that the next meeting will be held on April 10 Instead of April 3, when Father, Gallagher, will deliver his lecture" on The Mother in Litera "¡ture" on April 1005/
The Chairman welcomed the new Chief Justice Mr AD. AS Mace Gregor, and expressed pleasure at his early interest in the English Association, and hoped they would have a paper from him in the near; future.
Among those present) were the and Hon Sir Thomas Sou Lady Southern, Ho Pollock, HonAME AVE Chief Justice; (Mrs) Gregor), Prefessor son (Hon, Becretary
་
1