BANKS
HONG KONG AND SHANGHAI BANKING. CORPORATION."-
Awiberived 'Capital
Issued and Fly Paid-up th
Merve Funds -~
-------- € 1,900,000
20,008.00
Robarvy:Liskity of Tropetators .............. $20,000,00
DÈFICE, HONGLONG.
BOARD OF DIRECTORS.
Bear. Am. Hinckle
Chalan
2. 8. Warren, Eaą.
Deputy Chairman,
2. Complet, Esq.
0. Mlakte, Es
KIN. Morrison, Jing.
ANOT
BANGZOR
SATAVIA
BOMBAY
CALCUTTA
CANTON CEFFOO COLOMBO DAIREN
Hon. Mr J. J. Paternos
1. E. Featre Era.
Tid, it Blax, Kar
1. M. Grayburn, Tag
BRANCHES 1-
LONDON
LYONS
MALACCA
MANILA
MUAR (Johor)
NEW YORK
MURDEN
PELITEG
PENAND
POOCHOW
RANDOOR
BAITHONO
FAMION
HANDUNG HANKO HAREN
SAN FRANCISCO
SHAXIHAT
SINGATOR
BOKEN
ILOILO
TPOFF
JOHORE
KORN
KOWLOON
KUALA LUMPUR
MOURIMATA
AUNGEI PATANI
TIENTAIN
TOKTO
TENOTAO YOKOHAMA
Current Account opened in Los Cortons? sad Pizal Depoise Parel for a poor D aborter periods in Total Company and Brusting un terme which will be quoted on application Hong Kong, 26th February, 1034.
HONG KONG SAVINGS BANK.
The Buchess of the above Houk te oondvet of the BONG, LONG AND SHANGKAT BANKING CORPORATION.
phialand si 1pplication.
Bals may be
PO THE HONGYONG AND SHANDHA) BAXING CORPORATION.
Y. X. GRATBURN,
Hong Kong, 28th February, 1984.
SAFETY FIRST!
To Safeguard Your Valuables and Jewelleries, Deposit them in a Vault that is really! FIRE-PROOF BURGLAR PROOF DAMP PROOF !
OUR SAFE DEPOSIT VAULT
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
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HEAD OFFICE: LONDON.
Paid-up Capital'
Reserys Fund
£5,000,000 £3,000,000
Reserve Liability of Pro-
prietors
-$3,000,000
Agencies and Branches:
Alor Star
Moile
Rangoon
Amritsar
Ipob
Saigon
Bangkok
Batavia
Bombay
Kobe
Karachi Klang
Semarang
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•
Canton Cawnpore
Cebu
Colombo Delhi
Medan
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New York
Bhuker)
Hamburg
Peiping
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located on the Mezzanine Floor of Our New building is Specially Con- structed to provide all of these Im- portant Qualities.
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shorter perioda at rates which will be quoted on application,
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1934. THE BANK OF CANTON, LTD.
A
Established 1912.
Read Ofice-Hong Kong.
THE CHINA
AIL
ommerce and
France.
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations.
New York, Yesterday,
Dow Jones Averages.
www
Last To-day's Changes
Aver. Aver.
BRITAINS FOREIGN TRADE
Substantial Rise In Exports ShowIL.
ENCOURAGING FEATURES
Denden, Te-day.
THURS
LURLINE TOURISTS CAPT EDEN REVIEWS
IN TOWN
inese Stores Report
Good Business.
LINER LEAVES AT NOON":
THE PROSPECTS
(Continued from Page 1)
Proceeding. limited
recalled the cope and the purpose of the European
plain the purpose of the proposals in the British memorandum, to
Drizzling rain and cloudy his mission to weather did not stop the 400 of capitale, which he visited to ex- more globe-trotters, who arr in the Colony by the Matson 'line "Lurline," from making eeting and shopping: tour round meet their criticism upon them Hong Kong's : "business districts, and, if possible, to gain from the with the result that localallk, Governments; statements on their jewellery and curio stores' report
points of view, ed good busines
on
HOPE NOT REALISED. He had hoped that His Majesty's
NOTICE:
【ONG KONG CRICKET CLUB
TENNIS TOURNÁ17
following tentative datņu
The been arranged for Op
Championship Events
Monday, 19th March Singlen Semi-Final:—
Taui Wai Pai v. G.-R. M. Ricketts
Tuesday, 20th March,
Doubles Semi-Final:—
L. Goldman & E. C. Fincher
Tool Ping Fan & Tsili Yun Pal
Wednesday, 21st March, Single-Semi-Final:-
Friday, 23rd March
S. A. & HD, Rumjahn v. Ho Ka
Lau & Trul Wal-Pui
The Bound of trade returns for The Swatow Lace Company" and 30 Industrials 104.00 103.64 36 down February, show a substantial rise the Swatow Drawn Work Com
Mat compared with panics in Fedder Street vere do Government would, as a result, be Doubles Semi-Final: 20 Rails 49.30 49.81 51 up •. [20 Utilities.
27.18 27.04.09 down in experts,
February of last year, and allowing unusual business this morning, in a position to see how far there 40.Bonds.
93.25 83.57 32 up
was agreement upon the proposals Commodity
ing for the shorter' werking month, tourists crowding both stores.
"Not many sales, but a lot came in the memorandum. That hope Index
64.85 54.62 32 down they represent only a moderate
Monday, 26th March Messrs. E. A. Pierce & Co. Redecine on the export Agures of in for inspection, was the reply had not been fully realised, but it
lofthe lady attendant in the would be in a very few days. Singles Fina]. port: The market has no follow January, 1934.
They had had expressions of
Wednesday, 28th March Foreign Exchange and General through on the up-side, but, at the Imports for last month amount"World Silk Store, Queen's Road
opinion from two Governments, and Doubles--Final. Banking business transacted
same time, we cannot see any real cd to £33,353,979 as compared with Central.
"Quite a few came in," "said s Sentiment Current Accounts opened and Fix-liquidation.
toward $64,671,822 in the previous month
Reserved Seats may now be book---, third, shortly. Meanwhile, he ed Deposits received for one year or steels seems to be growing some and £48,074,659 in February, 1939. [clerk in the Wing Hing store, expected to. have the view of the
Exports last month amounted to dealers in china ware and fade, limited himself to revealing cered at Messrs. S. Moutrie & Co.. what less favourable Wheat:
compared with though the China Jade Company tain impressions forced upon him Price $1.10 each, including tax. Friendly feeling is checked by the 1430,060,000 25 President's opposition to issuing new £31,609,000 in January, and £27,- attendants contended they were in the course of his journey.
doing only ordinary business.
He reminded the House that the money. The Winnipeg market is 829,000 in February, 1933.
The "Lurline" is at present easier on proposed Government mar. Ré-exports last month totalled
the long delay of the Conference was failed the would have as much keting control. Cotton: Demand is £5,210,000
with her second voyage around да compared
on not owing to disagreement among cause for anxiety as any nation, She arrived here dull and offerings
with world. are small. $4,073,000 in January, and Tuesday afternoon,. and left for the experts, but rather, he thought, and every country would do doubt
that nations had been unable to have to review all its armamenta. Trade demand caused moderate up-24,483,000 in February, 1933. turns. Silver: The market is fea The expansion in the imports of Shanghai at noon to-day....
Yesterday morning a party of summon that confidence in one an-
NOT DESPERATE SITUATION tureless and inactive, apparently raw material, mainly cotton and
But he did not believe that even awaiting some new Incentive-Rei-wool, and an increase in the ex- 180 members, including the Duke other which was necessary if a
a manifold increase in existing ar British manufactured of Northumberland, the Dowager convention was to be realised and ports of
maments would alone be sufficient OVER-MASTERING MOTIVES Business Done:-1,360,000 shares.geods, are encouraging features of Duchess-of-Northumberland, Lady kept.
Jast month's returna.--British Elizebeth Percy and Lady Diana
to ensure Britain's national se Last To-day's Wireless Service.
Percy, left for Canton by the 8.55-
As an inevitable legacy of war, eurity.. Competitive armaments in special train and returned to the
they had been conscious of the themselves were no security.” Colony in the evening by the 8.8.
presence in Europe of two over- "We had them in 1924 and they Tai Shan.
mastering motiven--on one side, availed us nothing in preventing apprehension, and war. By standing on our ascurity mistrustful on the other, aggravated impatience. in armaments, we could not flatter Rival demands for security on one ourselves that we should then have side, and equality on the other, were realised the luxury of isolation,"
sentiments. The anxiety of France; But anxious as the situation: was, was for security demand based he did not believe that it was des- (Continued from Page 8.).
Something was surely to ship in every French mind upen deep and perato, He admitted that the
an be gained from the fact that pu- ixtruck
off Bomething
Ocksew abiding memorles-but just Island, which might have been France had this instinctive desire.(blic opinión among nations was to masses of floating timber, sub-it seemed perhaps difficult for her day alive to the seriousness and water to appreciate that it was possible anxiety of the situation. That was
that Germany might have the same not the case in 1914.
He did not therefore accept 'the' feeling expressed in anolber form.
France was so convinced that she judgment of those":"who spoke as though war in Europe was immin-
Amikarioal Özplink (H.K. Charroney) ......$11,007_308
Kovure Fund man went on
2,180,000
BRANCHES :-
bel Brabow, Bangkok,
and as Probrien.
LONDON BIKESES J
The Lloyd's Bank, Lomikad OJERESPONDENTA
Ex all petankpot shies në tha World,
Vardan Mithongs and banking bankuasa
every daneription transacted.
Bale Depot Fetus [various sinus) of a pauriz
rumal of Breto 10 in $50.
LOOK POONG SHAN.
ter.
THE BANK OF EAST ASIA, LTD. American Waterworks . 21
Anaconda Copper Mining 15%
Authorised Capital .... $10,000.000,00 Bendix Aviation Paid-up Capital ..... $ 5,508,600.00 Auburn
Undivided
$2,434,060.00
Reserve and
Profits
HEAD OFFICE:-HONG KONG 12. Des Voeux Road Central.
BOARD OF DIRECTORS;-
Sir Shoukon Chow, Chairman.
1 Koon Chun. Esq. P. K. Kwok Esq. Wong Yun Tong. Exa..
7. Lan Sane. Esc.
Wong Chu San, Esq. Kan Ying Po. Esq.
Kan Tong Po, Exa, Chief Manager,
Borden Co.
Canadian
J. 1. Case
Pacific
General Foods
55%
24/
COTTON, SILVER
*MARKETS
New York:---" } **
JUDGMENT
RESERVED IN
CAPT. BEER CASE the only vocal expressions of these Captain Eden continued.
or. a
New York, March 15. Messrs. Asla Lands Ltd. have re-merged wreckages, rafved the following quotations on logged junk.
He submitted that his client had the New York cotton and wheat. rubber, allic" and silver exchanges not attempted to conceal the facts on the Commodity Exchanges Inc. of the incident, but that a report had no intention of attacking any jof the whole thing was made in an one that she found it difficult to entry in the log abstract which was believe that another country, not at handed to Mr. Ramsay.
present permitted comparable arma- He referred to the criticism by ments, should not feel absolutely the opposing counsel of his cross-secure in her vicinity.
JOINS BRITAIN <. Silver: Commodity Exchange Inc. examination of their witnesses, of New York:
France joined with Britain Mar. 18 Range Mar. 14 Range had been with the Company for regarding the League of Nations sa
Price Prico
$
$
JAir Reduction ...
08
97
Allied Chemical & Dye
150%
150%
American Can
100%
American Radiator
14
100 15
Chief Manager. American Tel. & Tel.
American Tobacco "E". 70% Ameri
American Smelting
45%
1274
120%
AND WHEAT
70%
214
15
19%
19
Latest Quotations.
55
245
174
17
NEW YORK COMMODITY
74
74
Caterpillar Co.
30
30%
Chase National Bank
284
27+
Chrysler Motors
334
Consolidated Gas of N.Y. 40%
53%
40/
Curtin Wright
Du Pont de Nemours
OT
97
Eastman
Kodak
80
Chan Ching Shek, Esq.
Electric Power & Light 74 General Electric
Electric Auto-lite Co. 29*% Electric Bond & Share. 18%
20%
18% 7%
-9916
Closing Commodity Price
OB
[General Motors
38% March 14,
te Safety
11
11
Gold
1944
SILVER.
40%
Internat. Tel & Tri.
16
15
er & Myers "D"
83%
8514
Amoy
Corner of Ice House Street and Des Voeux Road, Central.
Batavia
Manila Melbourne
Seattin
El Inc.
33
32%
Bombay
Nagasak
Calcutta
New York
Semarang Shanghal Singapore
|
Montgomery Ward .... 32%
National
Biscuit
404
Canton
Osaka
Saurabaya
National City Bank
20+
201
14 July
92% May....47.30 47.32 .47.66 47.70
Haiphong
Paris
National Dairy Prod.
16%
inile Elevator
14
14%
Pankow Honelata
Pelning
Sandey
Penang
Pacific Gas & Electric. 19
jan
Tathalu
Kobe
Rangoon Silen San Felsco
D--kard Motors
55
Pennsylvania Mly.
nk
Palio Coran.
B*%
Seark Rochuck
4R
48%%
Sacony-Vacuum Corpn.
16%
10%
Standard Pranda
2134
214
Every description
of Banking and Standard Gas
134
13%
granted on approved recurities.
Current Accounts ahened
27%
7%
43%
1284
128
24
Tnited States Steel
| Westinghauen E. & M.
BID- XD-".
54% до
53% 30%
11.89 11.90 Standard No.1 "B" Contract. Total sales for the day:—
1,466 contracts 1,040 contracts SILK,
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
Li The Fong. Esq. Manager.
BRANCHES AND AGENCIES"
London HEAD OFFICE:Taipeh, Formosa. Kowloon
Incorporated by Special Imperial
Charter, 1800.
Conical Bank in Farmors
Wash Kolm inved åverage amount .Ter.
Swatow
Tentain
Tokyo
Vancouver Yokohama
tענונן
Internal Harvester
Exchange business transacted. Loans Standard Oil Co, of NJ, 4514.
Техия Cornm.... in Local Trans-America On and after August 15th, 1933, the rate of Interest on Special Current Currency and Fixed Deposits received Union Carbide & Carbon 44 Deposit will be at 2% p.a. on daily for one year or sharter periods in Inion Pacifi
Bnd balanes and the rate for balance over Laral
Fovolen Currencies on Inited Air & Transport 24% $10,000 will be quoted on application terms which will be quoted on appli- United Cornn. (Maximum rate=1/1⁄2%).
LONDON BARKERS.
Bordays Bank, Ltd, läsyds Bank, 1.14. Midisok Bank, Iad, Warmiante Bank. Lad.
The Back hat Cerrongondozio la all ike prínups! Jummarital Coutros throughout the world. K. MAGURA,
RONG RỠNG BRAMOM.
1. Due To Real Contrai
Mang. Kaag. Darumber 16, 2005,
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880
Capital (fully paid-up) Yen.100,000,000
.......Yen.122,750,000
ention.
Safe Deposit Boxes To Let
KAN TONG PO,
„Chief Manager. Hong Kong, 1st March, 1934,
THE
www
RUBBER.
►
but reminded him that Captain Beer
48.80 48.95 Mr. Macnamara.
In
ent.
But Britain had an urgent rea». ponsibility to get on with the work, for every month mads, the lask more difficult. That task was two- fold.
The frat was to realise a con-
the realities
47.30 47.35 over 5 years before he was found an outward symbol of the collective vention. That was out of Britain's 47.72 47.75 to be a "lair." "Nothing what he peace system, and it was difficult for each. But a convention contain- 48.10 48.25 said was taken in truth, added France to believe that a great Powering some Disarmament based upon 10 Sept....48.10 48.25
of the present-in 18%
In Western Europe could remain long short, a convention on the basis of Dec.....48.85 48.85
Mr. Sheldon's Objection, Total sales for the day:-
away from Geneva,
the recent British memorandum. 63 contracts of As to the other officers. Mr. Sometimes speeches were made 156 contracts of
"AUTHORITY FOR LEAGUE, 25,000 ora. each.- 25,000 pas, each Macnamara said that they were that added to her fears. There
the sort of officers who would find was one in the last few days by The second was to seek to restore Market:---Quiet.
difficulty in obtaining employ- General Goering. If there was to the League of Nations that full ment on their records if unemploy lack of instinctive trust between the authority it could only enjoy from Rubber: Commodity Exchanged by Mr. Williamson nations, and of confidence deep and the membership of all the great Inc. of New York: 27
Mr. Sheldon strongly objected to abiding, it sometimes happened that powers of Western Europe. Every Mar. 13 Range Mar, 14 Range
this, and His Lordship observed comments of small importance had development of science and policy Mar....11.66-11.67 11.42 11.42
that their records had not been greater significance, since the war had increased the May....11.81 11.82 11.56 11.57 placed before the Court,
If these were the respective post-need for some such organisation as July....12.14 12.15
Referring to the close passage tions, not of Governments, but of the League of Nations, and the to the land,. Mr. Macnamara haid the sentiments of the nations for widest possible membership of it. that the ships were coastal ships; anme years past. It was clear that had now become an indispensible and that it was practical for them they could not be readily reconciled. element of International policy. to steam close to land.
AMERICAN EXPRESS COMPANY, CHARTERED BANK New York:
RECOMMENDATIONS.
INC
Head Office:—45, Broadway,'
New York.n
Capital
Surplas Reserver
.17.5.85,000,000.00 U.S.$1,867,089,17 .U.S.$1,718,979.67
BRANCHES.
Mateco City:
Reserve Fund
Antwor
A
Head Office:-YOKOHAMA
Bertia
Bombay
Glange
Bamberg HAWOR Mafdelberg
Forumima.
Peiping
Branches and Agencies at:
Bramle
Alexandria
Nagunaki
Nagoya
Cana
New York
Quska
Batavia Berlia
Bombay Calcutta
Pariz
oakden) Rio de Janeiro
((Dalny) • Fo
Hamburg
Hankow
Hong Ko
Kong Honelalu
Heinding
Karach Kobe
Londan
Los Angeles
Manila
Interest allowed
San Francisco
Seattle Semarang Shanghal
Bingapore
Tokyo
Tsingtan Yingkow
عادة
Monis Orla
Dubbla
Pers
Branches of American Express Com-
Cable From Home; The Chartered Bank of India, Australia & China have received the following telegram from their Head Office to-day ;-,
"At the annual meeting of share- holders: Directors, will recommend a final-dividend at the rate of 14 per cent per annum subject to In- come Tax £28,000,--added to Pension Fund. 206,250.12.7 car
ried forward.
How was it to be done, and could What he had learned in three Silk: Commodity Exchange Inc, of Mr. Sheldon pointed out that it it be done it all? When he asked capital convinced him that there was the onus of the defence to himself, was it his experience on his was no alternative to the general Mar, 13 Range Mar. 14 Range prove habitual negligence on the brief mission that this was a hope lines of the British memorandum if Mar. 1371⁄2 130 1.35% 1.37 part of the Captain and to do less task, the answer he gayo was that agreement was to be reached
this they relied on three strandings no, decidedly no. SUGAR.
which took place over a period of Sugar: New York Sugar & Coffee
three years and Exchange:
March May ¡July
Market :---Quiet,
Until all the replies hid- been received on the British memorandum, it was premas ture to be pessimistic. Britain's stake in peace was pro
on 4 Disarmament conventionat 100,000
When the Government received the complete replies of the three nationa, they would examine" them. with sympathy and understanding,
There was a hopelens divergence as to what really happened af Ocknew Island. The Chief Officer said that the ship was on an even keel, the wireless operator said bably greater than that of any in and with the conviction that no that it was tilted, while the Chiet the world, and her stake in the nation would willingly, allow a dn- Engineer alone had noticed thera League of Nations was also great; at breakdown of ronference-Bri was a heavy swell, at the time, said the Disarmament Conference tish Wirele
1:45
Mar.13. Mar. 14.
1:45
1.55
1.55
1.62
Cotton; change;
COTTON, New York Cotton Ex
Mr.
MachaĮDRES Further, the
operator had entered the ground as soon as he felt.
Mar, 18 Range Mar. 14 Range Hard 1214 1214 12:16 12.15
LOCAL DOLLAR STEADY
Deb
piny, in Principal, cities of United Silver Prices Unchanged
Blates of America and Canada.
All classes of Commercial Banking | Transactions undertakan,
Personal...... Investment ? necometa" handled.
12:24 12.25 1285 1286 284 228) 12.51 12,5151247: 12:48. 12.63 12.6312.58 12.58 12.69 12.69 12:64 12.61)
Spot 12.45 12,
WHEAT Wheat: Chicago: Bour
·Bervice
TO-DAY
"Believe it or not
KING'S
Olsens
big Mom
oment