BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Axiberland Capital ..........................
1.
$50,000,000 Jaruri and Faily Paid-up 80,000
Kansive Funde :---
-
$10,000,000
Hooore Läbblity of Propelutare .. $20,000,000 HEAD OFFICE, MONIIGNG.
W. H. Bet
BOARD OF DIRECTOR,
Hon. Mr. 17... Mickle
Chairman.
3. F. Warren, 194 Deputy Chairmaz.
A. 1. Compton, Zaq.
THE CHARTERED" BANK OF INDIA, AUSTRALIA "✯ CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON.
Agencies and Branches:
Tuloilo
Tpo chi
Klang Kobe Kuala
Rangoon Saigon Semarang Seremban Shanghai
Paid-up Capital
Reserve Fund ..
.$0,000,000 .£3,000,000
Reserve Liability of Pro-
prietors
£3,000,000
Alor Star
Amritsar
Bangkok
Hon. Nr 2, 2. Paterson T. Z. Festor
Batavia
Bombay
1. Maka, B.
T.AL D Shaw, Haq,
Calcutta Canton Canton
V. M. Grayburn, EM,
Kuchin
Chief Manage
Madras
Manila
BRANCHES |-
Delhi
Medan
Tientsin Tongkah
AMOY
LONION
Haiphong
New York
(Bhuker)
ВАНОКОК
LYOM
Hamburg
Peining
Tsingtao
Hankow
M4A3 (Johor)
Turbin
MURHEW
XEW YORK
Hong Kon
PEINSO
2.48. Marrison, Eng.
BATAVIA BOMBAY CALCUTTA CANTON CITE FOO COLOUNG DAIREN FOOCHOW HAIPHONG ЛАМБЕВО HANKOW HARDIN
BONDKEW
FOR
JORORK
KORE
KOWLOON
MALACCA
MANLA
PENIKO
BLANOUGH
SALGOR
BAN FRANCISCO
KUALA LUMPUR
SE AXUAL-
MENGAPORE
ROTRINATA
MUNEI PATAKI
Ti:STEN
TOXIO
TRIKOTAO
YOROKAMA
Sapere
(Peking) Yokohama
Penang Zamboanga
Foreign Exchange
HE CHINA MAIL
Commerce and
Finance
COMPROMISE
SILVER BILL
INTRODUCED
Wheeler Wants Straight| Remonetisation Plan.
FREE COINAGE AT 16 TO 1
SPECIAL TO CHINA MAIL... (By Telegraph, Copyright." Telegra shin Maungua Ordinance; · 1892 Re ceived March 12, 1.18 p.m.)
Washington, To-day.
Senator Wheeler yesterday stated
and General that he was introducing a Bill au-
Banking business transacted.
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations.
**
New York, Yesterday. Dow Jones Averages..
30 Industrial 20 Ralls
20 Valides
40 Bonds Commodity
Index
'Last To-day's Changes.
Aver. Avera 102.77 104.23 1.40 up 48.12 - 48.05 53 up 26.21 27.00179 up
54.44. 55.03 .69 up Messrs. E. A. Pierce & Co. Re-
port:Quite possibly the recovery may have been due to constructive
Current Accounts opened and Fixhorising the Government to par interpretation of the market's tech-
ed Deposits received for one year or chase silver up to 1,000,000,000
shorter periods at rates which will baj quoted on application.
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1984.
B
ounces until the price of the metal reaches'a 16 to I ratio to gold.
He said that he prefers straight remonetisation plan for no chance of obtaining the Ad- ministration's approval for such a measure this session. United Press, per S. C. Gold Bar Co.
Current Arrontte opened is Lo Carry THE BANK OF CANTON, LTD. free coinage at 16 to 1, but sees
sel Fizel Deperite mivel for one ye
aberler priods in Tonal Company and Sterling
on torma which will be quelad on application.
Hong Kong, 26th February, 1934.
HONG KONG SAYINGS BANK.
The Basis of the bar Bakk ta azul mol of by the HONG KONG AND SHANGHAI BAKKING CORPORATIO), Kulon was de shinland en saplicatiam.
· FOR THR ITONOKOKE AND SHANGHAI BANKING CORPORATIOL
T. X GRAYEDEN,
¡Ohlal ManoJUST
Hong Kong, 20th February, 1934.
SAFETY FIRST 1
To Safeguard Your Valuables and Jeweltcles, Deposit them in a Vault
that is really: FIREPROOF BURGLAR-PROOF DAMP PROOF!
OUR SAFE DEPOSIT VAULT located on the Mustaine Floor of Our New building ir Specially Con- structed to provide all of these Im- portant Qualities.
You may obtain A Safe Deposit 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, Central.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.). HEAD OFFICE-Taipeh, Formosa. Incorporated by Spacial Imperia!
Charter 1890,
Centre) ja Forme
Maxk-Form imard &
Established 1912,
Head Office-Hong Kong.
Avikortsel Caplini (B.K. Oummey) ---$11,00€,00% Pold-Up Osplisi
----- 1,000,00 Home Fund
150,000
BRANCHE
Cox, anghai, Usskow, Bangkok,
and Franckens, LONDON BANKKBS 1———
The Lloyd's Bank, Limited CORBEAPONDENTH
Is sú principal olikas of the World.
Foreign Exchange and banking business d every scription iransected,
Safe Deposit Beam (aloun sausį aš – suocly avatal al from $8.
LOOK POONG BHAN.
Chief Manager.
THE BANK OF EAST ASIA, LTD. Authorised Capital .... $10,000,000.00 Paid-up Capital 5,598,000.00 Reserve and Undivided
$2,434,000.00 Profits
HEAD OFFICE:-HONG KONG 12, Des Voeux Road Central
BOARD OF DIRECTORS:- Sir Shouson Chow, Chairman.
Il Koon Chún, Esq. P. K. Kwok Esq. Wong Yun Tong, E. Chan Ching Shek, Eiq,
Li Lan Sang, Esq.
Wong Chu Son, Esq. Kan Ying Po, Esq.
Ean Tong Po, Esq, Chief Manager. Li Tes Fong, Esq, Manager. BRANCHES AND AGENCIES----
Amoy
Batavin
Manila Melbourne
Scattle
Bombay
Nagasaki
Calcatta
New York
Canton
Diaka
Haiphong Hankow Honoluta Kobe
Parin
Semarang Shanghai Singapore
Rourabaya Swatow
Peiping
Synday
Penang
Rangoos
Kowloon London
Saigon
Talhoku Tientsin Tokya
San F'cisco Vancouver Yokohama
Every description of Banking and Exchange business transacted. Loans granted on approved securities,
On and after August 15th. 1033, the Current Accounts opened in Local rate of Interest on Special Current Currency and Fixed Deposits received at 2% p.8. on daily for one year or shorter periode in Deposii will be balance and the rate for balance over Local and Foreign Currencies on! $10,000 will be quoted on application terms which will be quoted, on appli- (Maximum rate-1%%).
Ication.
Safe Deposit Boxes To Let,
KAN TONG PO,
Chief Manager. Hong Kong, 1st March, 1984.
LONDON KEKLER
Barclays, Bakk, 268, Kleyda Hosk, 146, Midland. Bank, LAR, Terminster Mask, 14.
J
The Bank has Buerospulair la alt the peinapal Jelmersial Contone thinglows, the world.
UL. MAGUR
KONG KONG BRANCH:
8. Des Your Red Car
Hong Kong, Dovenber M, 1982.
Mange
THE YOKOHAMA SPECIE BANK|
LIMITED.
Established 1980
Capital (fully pall-up) Yen,100,000,000 Reserve Fund....Yen.122,750,000
Head Office-YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
THE
AMERICAN EXPRESS COMPANY, INC.
Head Office: 65, Broadway,
New York:
U.8.$6,000,000.00. .1.8.$1,667,089.17
U.S.$1,718,979.57%.
Capital
Surplee Beserves
BRANCHES:-
Blangerw
ADVER
Beelis Bombay
Nagasaki
Nagoya
Celes
Comin
New York
Oinka
Deblin
Paris
Peiping
Datron (Dalny) Rangoon Fengtan (Mukdın) Rio de Janeiro
Lon Long
Karachi
Kobe
London
Lok Angelas Moll, 74
Manila
San Francisco
Seattle Bemarang "Shaoghal
Bingapore
Soerabaya Sydney
Mxico City.
Branches of American Express Con pany in Principal cities of United States of America and Canadast
All classes of Commercial. Transactions undertaken.
Personal' Invest bandleder
Lette
nical position since through the past two weeks, despite the prevalence of
Honored in the French Manner
DAY M
kisses General President Albert LaBrum of France (right)
The Villemin on both cheeks after decorating him with the cordon of the Grand Cross of the Legion of, Honour at Paris recently. award was made because of the mass seaplane flight that General Villemin fed into Northern Africa after "circling the mother coun try.
COTTON, SILVER AND WHEAT
Latest Quotations. NEW YORK COMMODITY MARKETS
news considered to be unfavourable. Liquidation has failed to spread and has been confined within narrow Wheat: The strength of limits. securities and the proposed silver!
firmed the market legislation Statistics are bullish. Cotton: No
New York, March 13. important selling was in evidence.
Messrs. Asin Lands Ltd. have re- There was a late rally on renewed calved the following quotations on |talk of inflation. Silver: The firm the New York cotton and wheat. ness in London and Shanghai to- rubber, silk and silver exchanges Will Improve Standard gether with expectation of favour on the Commodity Exchanges Inc.
New York:- able Washington legislative develop-
Closing Commodity Prica ments resulted in fresh speculative March 12. |buying.—Reuter.
SILVER AT 16 TO 1 TO GOLD.
Of Living.
BENEFIT TO AGRICULTURAL PRODUCTS
SPECIAL TO CHINA MAIL (By Telegraph, Copyright. Telegra- phis Messages Ordinance, 1834. Re erived March 15, 8.50 a.m.)
Washington, To-day. Senater Wheeler states that his
Business Done:-1,260,000 shares.
.100 161
Air Reduction Allied Chemical & Dye .150% American Can American Radiator American Smelting American Tel. & Tel. Bill is a compromise and is intended American Tobacco "F"" 69 to win eventually the allver op-American Waterworks 20% ponents to his plan to remonetize the Anaconda Copper Mining 15% metal at a 16 to I ratio with gold.
Bendix Aviation
He said that such a measure would Borden Co. raise the prices of agricultural pro-Canadian Pacific ducts and improve the standard of J. L Cake iving.-United Press, per S.C. Gold Bar Co.
Caterpillar Co.
National Bank Chase Chrysler Motors ... 53
| Consolidated Gas of N‚Y. 38%
Wright
SCRUGHAM THINKS Curtis Wris
ON SAME LINES.
Amendment Considered
To-day.
SPECIAL TO CHINA MAIL
(y Telegraph, Copyright. Telegra- phis Messages Ordinamer, 1894, Er ceived March 13, 8.59 a.m.)
Washington, To-day.
Du Pont de Nemours
Duo Kodak
Eastman
Gold Dust
Internat. Harvester
Internat Tel. & Tel.
Loew's Inc.
National Biscuit
National City Bank
National Dairy Prod.
183 contracts of 244 contracts of 25,000 ozs. each - 25,000 ozɛ, each
Market:-Firm.
RUBBER.
Rubber: Commodity Exchange Inc. of New York:
Mar. 10 Range Mar. 12 Range Mar....11.18 11.18
544 May....11.30 11.35 39
24OP
11.72 11.74
►
1.58 1.57
1.64 1.62
EXCHANGES.
TO-DAY'S QUOTATIONE.
On London-
T. T.
On demand
1/64
1/6/2
Four months' sight 1/6%
10m
NEW ADVERTISEMENTS.
1934 1935
FALED TENDERS will be re-
Sceived at the ROYAL NAVAL
HOSPITAL, until 10 am. on the 21st March, 1984, from persons desirous of supplying Beef, Mutton, Fowls, Pork, Cheese. Pure Cow's Milk, Ice, and other provisions, and necessaries for the year ending: 31st March 1985,
Printed Forms of Tender and further particulars can be obtain- ed at the RN. Hospital.
The right to reject the lowest or
any tender la reserved.
A. TRIVERS,
Surgeon Captain, R.N. Medical Officer in Charge. Royal Naval Hospital, Hong Kong.
13th. March 1934.
WANTED
WANTED:-A teacher with · know | lodge of French, Apply personally_to Rev. Mother Superfor Canossian In- stitute 36, Caine Road,
PUBLIC AUCTION.
T
THE Undersigned have received instructions to sell by Public
Auction
ON
FRIDAY, the 16th March, 1984 commencing at 5.15 p.m..
at their Sales Room,
4, Duddell Street,
A Fine Collection of 770 Hong
Kong Postage Stamps from First Issue 1862 up-to-date all perfect condition in mint, used and unused and in single, pairs, blocks, strips, etc.
with varieties and
Treaty Ports Postmarks
broken up into 205 lots to suit local |Collectors N
On View from Wednesday the 14th March, 1834.
Terms: Cash on Delivery
LAMMERT BROS,
Auctioneers.
Hong Kong, 13th March, 1934.
Credits 4 months'
Bight On New York- On demand
· 1/7/
88%
Credits 60 days"
night....
nom.
on On Paris--
On demand
6871/2
SILVER. Silver: Commodity Exchange Inc. Last To-day's of New York: Price Price
Credits 4 months'
sight
6271⁄4
144 15
.47.50 47.60 Sept....47.92 48.00
Mar. 10 Range Mar. 12 Range On India-- 07 97 May ....47.20 47.20
150% July
47.57 47.57
T..T.
100%
47.95 47.99
On demand
100%
48.45 48.45
46% 46
120%
123%
Dec.....48.67 48.67 Total sales for the day:-
49.20 49.20 On Shanghai-
On demand
110
On Japan:-
20%
2012
18
On demand
128
**.་་་
55
150%
On Manila--
104
10%
234 24
On demand
762
JY
18
7912 75
On Singapore
30
On demand
64%
28+
28
11.55 11.55
On Batavin
On demand
57%
4
424
July
074 98
89
90
.11:02 11.04: 12.02 12.03 Standard No. 1 "B" Contract. Total sales for the day:
On Balgon-
On demand
58
On Bangkok-
Electric Auto-lite Co.
2914
50
122
Electric Bond & Share
17%
18%
General Electric
Electric Power & Light 7
SILK.
21%
247
22
General Fooda
33%
General Motors
38%
Gillette Safety
11
11
19%
Mar. 10 Range Mar. 12 Range 1.36 1.40. 19 Mar... 1.394 141
4214
14
15%
Liggett & Myers "B"
63
81%
32%
Montgomery Ward
82
38
89%
March
99% 29%+
16
May
16%
16144
July
19% 18
5
Penniylvania Rly.
34
84%
Radio
8%
Sears Roebnet
4814
49-
Socony-Vacuum Corpn.
164
16
Standard Brands ...
21%
21 Mar.
Standard Gas
125
Standard Oil Co. of NJ, 45%
45%
Texas
деха Согра
26
27
Trans-America
7 Oct.
44% Dec.
.:12.55.12.55
United Air & Transport 28% United Corp. -******* 6% United States Steel. Westinghouse E. & M..
BID †.
24%%
6%
Middling **
58% 8934
-54%
.89%
LONDON EXCHANGES.
London, Yesterday.
Paris New York
77 5/16
5,08%
Montreal
5.08%
Geneva 4
15.75"
Bruksels,
21.88
Amsterdams
7.58
Milan:27.
893%
Berlin r
12.81
US
Vienna
Stockholm
Copenhagen
OsloMe
Prague
Helling
United
87%
Beir
109
580 Sellers BIOS
88% 8.0
of Sha
88
Assura
“And here I'another of/4 aecreta. In the far north there dvare, which are fea $6,55, are might
No.
fendi
these for eléc
rater,
The House of Representa tives members, Mr. Scrugham, states that he will introduce a BIII
Senator indentical to
asan Wheeler's Bill, to-day,
Golds- amendment to the borough Bill
He said that the House banking Committee "will" con sider it at the
executive
session, to-day-United Press, per S.C. Gold Bar Co,
Monthly Purchase Of Silver.
Washington, To-day. Senator Wheeler has Introduced his so-called compromise Bill authorising the United States
Government to purchase 60,000,000 ounces of silver monthly until 'a 16 to 1 ratio with gold has been reached-Reuter.
The Accumulation Of 1,000,000,000 Ounces.
• SPECIAL TO CHINA MAIL (ByTelegraph," Copyright." Telegra phis Messages Ordinamos, 1813, Be cafved March 12, 8,02 pm
Washington; To-day,
Benator Wheeler has introduced
measure authorising States Treasury to purch 100 ounces of illver 1,000,000,000 ounces has mulated or until #livse kiss to 1 ratio with gold-U
per 8.C. Gold BI
$9,000, othly-antil
YPRINTING
Olis Elevator
Pacific Gas & Electric
Packard Motors
Union Carbide & Carbon 48% Union Pacific an
16% 19
696 contracts 1,231 contracts
Silk: Commodity Exchange Inc, of 34% New York:
Or demand Sovereigns bank buy
1/6% ing rate Bar Silver per oz..... 2034 Bar Silver in Hong
Kong Copper Cash ........ Bop.
1% prem Sugar: New York Sugar & Coffee Copper Centa
Rate of Native Interest 8%% pa. |Exchange:"
Mar. 10 Mar. 12. Chinese Sub, Coin ... 814% die.
SUGAR.
Market:-Quiet.
1.48 1.46
COTTON.
Cotton: New York Cotton Ex- change!
Mar. 10 Range Mar. 12 Range.
.12.06 12.06 18 May ..12.16 1217
July ..12.28 12.30
.12.44 12.45
Jan.....12.59 12.59
.12.18.12.18 12.28 12.29 12.39.12,89
12.53 12.54 12.65 12.65 12.70 1270
Spot 12.35 12.50
SE WHEAT:n pal Wheat: Chicago Board of Trade: Mar:10 Mar. 12,
877 89
884 87% 88% 89%
May
July Beptember
Total sales for the day-
· 10,000,000 10,000,000 Debushels A bushels
AMERICAN GOLD PRICE:
(WASHINGTON); 57
Mat. 10 Mar 12
Treasury Gold Price, per br...... 85,00 85.00)
· NEW YORK METALS." FEN Mar. 5 Mar 12 7.047.72 52.00 $4.50
Copper, Oct. per per Tin Oct.
SHANGHAI SHARES.
Latest Quotations.
Carroll Bros
owing
Hour Hong Suk, Cola par
THE HONG KONG FIRE INSURANCE CO., LTD.
LAMMERT BROS.
AUCTIONEERS, APPRAISERS AND SURVEYORS.
– Public Auctions ·
THE Undersigned have received instructions to sell by Publie
Auction
ON
Wednesday, the 14th. March, 1984, commencing at 10:30° a.m.
at No: 8, Peking Boad, Top Floor, Kowloon
A Quantity of VALUABLE HOUSEHOLD "FURNITURE - (Particulars from Catalogue) On View from. Tuesday, the 18th
Terms: Cash on Delivery,
B LAMMERT BROS.
Auctioneers. Hong Kong, 8th March 1934.
Shareholders Meeting March, 1934
On March 27.
We are officially informed that the General Managers and Consult ing Committee of the Hong Kong Fire Insurance Co., Ltd., will recom- mend at the forthcoming Meeting of Shareholders to be held on Tuesday March 27, the payment on account of the year 1932 of a Dividend of $10 together with an Exchange" Bonus of $1 per share absorbing $440,000; to pass the balance of $32,180.22 to the credit of Bein- surance Fund and to carry forward $595,470.19 in respect of the year 1933,
GRIM FIGHT FOR THE WARCTIC REGIONS:
(Continued from Pape 8)
Every
Cana
WARSHIPS IN PORT
Three US. Gunboats And Two French.
The following warships are in port to-day, and are berthed follows
Basin H. M. S. Tamar,
Bouth Wall, M. 8. Bruce Exst Wall II. M. 8. CornBower, HMS. Falkostähe, H. M. 8.T. antula,
North Wall H M. B. Olympus. North ArmH M. 8. Combers
sends West Wall HMS. Adventure, her Set If, M. 8. Keppel, H. M. 8. Whitshed. Dook-IL ME. Herald, HE. supplies and the Verity, H. H-8. Wild Swah
Taikoo Dock-H M. S. Proteus, politan Dock HM8.
Cornwall. Buoy-HM 67 Berwick",
BaoyLM S. Bridge
DUGGAN
$4.65