BANKS
HONG KONG AND. SHANGHAI BANKING CORPORATION:-
Zoveel and Tilly Pall-up some 30,000,000
Kaverre Panda 2-
สม
6.300.000
WİTH 30,
THE CHARTERED BANK OF INDIAS AUSTRALIA & CHINA.
Incorporated by Royül- Charter, 1853.
HEAD OFFICE: LONDON,
Becerre Lakilty of Proprieters 820,000,000 Paid-up Capital
HEAD OFFICE, KONOZONO.
BOARD OF DIRECTORS.
Hon Mr. 04.5 Mackie
Obairman.
3. IL Warren, Roq, Dignty. Chaireonu.
W. 1. Bell, Euq,
K. H. Meron, Big.
A. I. Comptos, Em.
. Miskin, Key,
C. C. Kaithi, Kuq.
AMOT
KANO KOK
BATANTA DOUBLY CALCUTTA
CANTON
CHEFOO
COLOMBO
ΠΑΤΑΡΗ
NAIPHONG
Hon. Mr J. J. Paterson T.. Pearce
T. M. Graybarn, Xoş,
Calal Manager.
BRANCHES
LONDON LYNXB MALACCA MANILA
TAB (Johor)
MURDEN
NEW YORK
PETPING PENANG BANGOON
XUALA LUMPUR
BATCHIN
WANNUNG TAXKOW HARDIN
SAN FRANCIRON
SHANGHAI
КІНПАРОВЕ
RONGKEW
TLANTA
YPON
JORDRE
KONK
XOWLOON
MOTTRADAYA
BUNGI PATANI
TINTRIN
TOKYO
TEINOTAO YOKOHAMA
Correct Aromerie opensé in Loà. Osiraday Pined Depoelbe received for con your or ekarter perioda is Loral Company sal Kimling o term "Which will be quoted in application. Hong Kong, 20th February, 1934.
HONG KONG SAVINGS BANK.
The Basson of the shere Bank ja conduei
nd be tha HONG KONG AND SHANGHAI MARKING CORPORATION.
Mall application.
FOR THE SONGZORÚ AND SHANGHAI BAXEINO CORPORATION.
V. M. OKAYBURY,
Chal Kangur.
Hong Kong, 26th February, 1934.
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 located on the Mezzanine Floor of Our New building is 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 modar- sto Rental.
Inspection Cordially Invited.
Reserve Fund
Reserva Liability of Pro
prietors.
THE CHINA MAIL.
ommerce and
Finance
WORLD CAPITAL £5,000,000 FOR AMERICA
£8,000,000
.25,000,000
Agencies and Branches:
Alor. Star
Illaito
Rangoon
Amritsar
Ipah
Saigon
Bangkok
Karachi
Batavia
Bombay
Klang - Kobe
Calcutta
Kuala
Cauton Cawnpore
Colombo
Delisl Haiphong Ramburg Hankow
Harbin
Hong Sour
Rucher
Madres Manfa Medan
Semarang Seremban Shanghal Singapore Sitiawan Sourabaya
New York
Tongkak
(Bhuker)
Peiping
Tsingtao
(Peking) Yokohama
Penang
Refuged In France During Depression.
EUROPEAN GOLD" LOSSES.
SPECIAL TO CHINÄ MATE (By Telegraph. Copyright. Telegra phie Mentages Ordinance, 1884 ceived March 27, 3.02 am.) ·
Washington, To-day,
NEW YORK STOCK EXCHANGE
A.OF.C. Quotations.
New York, Yesterday. Dow Jones Averages.
Last, To-day's Changer
30 Industrials 100.92, 100.85. -.03' up. 20 Ralls WHAT LEAR
$7.81 .08 down 20 Utilitie
92.55 92.85 31. up 40 Bonde 37 26.34 01 down
Commodity
Index
54.01 63.95.06 down Messrs.-E. A Pierce & Co. Re- The Federal Reserve bulletin port:-We cannot see that the mar ket has essentially changed and con. Zamboanga states that millions of dollars ofditions, for the moment, appear to world capital which was refuged offer but little encouragement to
Foreign Exchange and General Banking business transacted.
in France during the financial un-anyone who wants to take a positive
Current Accounts opened and Fix certainty is beginning to return position. Whest The new Code ed Deposits received for one year or shorter periods at rates which will be home with the appearance of more quoted on application,
W. H. E. THOMAS,
Acting Manager.
Hong Kong, 20th February, 1934
THE BANK OF CANTON, LTD.
Established 1912,
Head Office:-Hong Kong.
Abiberleed Geelial (BLR. Orsay) 911,00€, Pull-Up" Capital semar Boers Fund man
1,100,000
Cumbai, Bankow, Bangkok,
LOEDOR BANKERS 200 The Lloyd's Bank, Linthol. CORRESPONDENTS
is a planipal elties of the World. Farsign. Szabongo nad banking horde of every description texamaisi.
Mala Dogaila Borse (various skammað að à jourly
LOOK POONG SHAN.
Chief Manager.
THE BANK OF EAST ASIA, LTD.
Authorised Capital $10,000,000.00) Paid-up Capital .... $ 5,598,600.001 Reserve and Undivided
Proits
$2,434,000.00
HEAD OFFICE: HONG KONG 12, Des Voeux Road Central
BOARD OF DIRECTORS:-
Sir Shouson Chow, Chairman.
L Koon Chun, Esq.
P. K. Kwok, Esq.
Wong Yun Tong, Esq. Chan Ching Shel, Esq.
Li Lan Sang, Esa.
Wong Chu Son, Esq. Kan Ying Po, Esq.
stable conditions.
Bill is curtailing short-selling, but licensing of commission houses to- gether with moisture in the South In February, the United States West, caused renewed liquidation. acquired U.S.$400,000,000 worth of Statistics are, moderately bullish. Cotton; Southern, selling and scat- gold from foreign countries due to tered liquidation was absorbed by the U.S.$36 per cent ounce price. broad trade and Japanese demand. In February, the Bank of France Silver: Prices moved within a nar- row range and the market was fea- lost more than U.S.$204,000,000 tureless July, and September, con- worth of gold; the Netherlands, [tracts' were exchanged at a differ- lost U.S.$87,000,000 worth; Switzer-ence of 85 points.
and lost U.S.$83,000,000 worth; Germany lost U.S.$17,000,000 worth, and Belgium lost U.S.$0,- 000,000 worth-United Press, per S.C. Gold Bar Co.
STOCK CONTROL
BILL IN US.
Business Done:-1,286,000 shares!
Arr. Keducation
Allied Chemical & Dye 149 American Can
| American Radiator
American Smelting
Anaconde Copper Mining 14%
ta
As Tenement Fire Raged
די .
Risking their lives in an attempt in jave the inhabitants. fremen am shown in the above picture rushing up and down their long ladders as a raging fire guited an old-style New York East Side tenement building at the cost of more than half a dozen lives.)
H. K. FIRE INSURANCE CO., LTD.
(Continued from Pase 9.)
fact, clearly before you by means of the Note that has regularly ap peared in the printed Report and Accounts, ever since the payment first
Last To-day's Price Frien
94
944
148%
9814
9834
技
43
American Tel. & Tel.
14 42%
119% 110%
เบ
American Tobacen "B"
·
68%
68%
American Waterworks
21
14%
6352
53%
Bendix Aviation
19 194
Borden Co...
22%
22%
of an Exchange Bonus was Inaugurated in the year 1931.
$10 Dividend.
Canadian Pacific
17% 16%%
70%
70%
294
30
Chase National Bank
20%
27%
Chrysler Motors
52
44
96
8834
87
28%%
Auburn
J. I. Cane
Roosevelt Names Two Caterpillar Co.
Objectives.
CURTAILMENT OF SPECULATION
AND GOVERNMENT SUPERVISION
Washington, To-day.
Consolidated Gas of N.Y. 39%
Curtiss Wele
Wright
Du Pont de Nem
Nemours
Eastman Kodak
Electric Auto-lite Co.
Electric Bond
& Share 17% Electric Power & Light 7% General General Electric
Foods
President Roosevelt has sent letter: to Congress demanding the General Motors enactment of a stock control Bill|S"
Kat Tong Po, Esq. Chief Manipur,with "teeth in it,"
LA Tee Font, Esq. Manager,
BRANCHES AND AGENCIES:--
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central.
Amoy
Batavia
Manila Melbourne
Seattle
Semarang
Bombay
Nagasaki
Shanghai
Calcutta
New York
Singapore
Canton
Osaka
Sourabaya
Paris
Swatow
THE BANK OF TAIWAN, LTD, (TAIWAN GINKO.)
Ronolulo Kobe
Penang
Rangoon
KOWIDOD London
Saigon
HEAD OFFICE-Taipeh, Fermoa Incorporated by Special Imperial
Charter, 1890,
Central Bank in Formões Bakh-Myta imesed Averses ammeni ...Ton. 44,DAB SON
On and after August 15th, 1933, the rate of Interest on
Pelping Byudey
Talhoku Tientais Tokyo San Felios Vancouver Yokohama
Every description of
Exchange bag/ress transseng and
granted on approved securities,
Loans
Current Accounts opened in Local Currency and Fixed Deposits, received 2% p.a. on daily Local
Deport will be at 20cial Current for one year or shorter periods in |
and Foreign Currencies on balance and the rate for balance over terms which will be quoted on appli- $10,000 will be quoted on application,|cation. (Maximum rate-14%).
LONDON KIRKE
Maclays Bank, Lid, Lilbyde Bank,, 148, Midland Bank, kid, Warnuntie Bokk, Kab.
The Beah has Corrsepowderte la all the pelasigul Jowell Dentros throughout, the wild. 1. FAGURA.
MONG" KONG BRANCH ↑
- 1. Der Vors Band Centre.
Emg sig. Desember 9, 1961
Safe Deposit Boxes To Let.
KAN TONG PO,
Chief Manager. Hong Kong, Lat March, 1984.
THE
AMERICAN EXPRESS COMPANY,
INC
Head Offee65, Broadway, New York.
THE YOKOHAMA SPECIE BANK Capital
L..
LIMITED.
Established 1880
U.B.88,000,000,00 .......U.A.$1,867,089.17.
Reserves........U.S.$1,718,979,67
Surplus
Amaran
BRANCHES :--
Base Gleager
Yen.122,750,000
Apart Brale
Martia
Bombay
Capital (fully paid-up) Yên.100,000,000 Reserve Fund
Head Office:-YOKOHAMA
Branches and Agencies at:.
Mxiaca City
Gillette Safety Gold Dust Internat. Harvester
Calling attention to the highly or-Internat. Tel & Tel.
Ine
President Roosevelt declared, that
ganised drive against legislatia
WATE Ward
he had two principal objectives.
1.
The requirement of mar.
gins so high that speculation. would be, of necessity, drasti- ∙cally curtailed.
2. The granting to the Government of powers of super- vision so that the Government itself would be able to correct abuses arising in future.-Reu- ter.
PRESIDENT URGES SPEEDY PASSAGE.
Federal Supervision Of Stock Exchanges.";
-Biscoit
National City Bank
Olis Elevator
COTTON, SILVER AND WHEAT
Latest Quotations.
NEW YORK COMMODITY MARKETS
New York, Mar: 27.- Messrs." Asia Lands Ltd. have re
The surplus to' be dealt with at this Meeting is $502.180.22 the
ceived the following quotations of balance of Account 1932, and we' sax recommend the payment of the New York cotton and wheat. 55% Dividend of $10 per share, to rubber, silk and silver exchanges
4% gether with an Exchange Bonusn the Commodity Exchanges Inc. 95% of $1, making in all $11 per share
28% which will absorb $440,000 and New York:
17
ARCH
BANK HOLIDAYS
Accordance with Governmnes “ Ordinance,” THE EXCHANGE [BANKS will be CLOSED for the Transaction of Public Business on FRIDAY, SATURDAY, and MON~ \ DAY, the 30th and 31st March and the 2nd April, 1934, (Easter Hall- daya).
Hong Kong, 26th March, 1934.
'REMOVAL NOTICE
We have this day removed our. store to
No. 29 DES VOEUX ROAD,
"CENTRAL
Near the Badlo Oßce, (Opposite, our former location)
ATACE & CO.,
Photo Supplies, Developing, Etc.
MID-LEVELS RESIDENTS
THE
ASSOCIATION.
NOTICE.
ING will be held in the Board Room of Messrs. Shewan, Tomes & Co. 8A Des Voeux Road, Central.. Hong Kong, (by kind per- mission) on WEDNESDAY, the 4th day of April, 1934, at 6.30 pm. BUSINESS
1. To receive the Report of the Committee, and a Statement of Accounts for the period ended 31st December, 1933, 2. Election of Officera... 8. General.
T. A, MARTIN,
Hon. Secretary,
Hong Kong, 27th March, 1934.-
INDO-CHINA / STEAM: NAVIGATION CO., LTD.
THE FIFTY-THIRD ORDINARY
G GENERAL MEETING of the Company will be held at the Offees of the General Managers, Mesara, Jardine, Matheson & Co
the transfer of the balance of Closing Commodity Price on Ltd., Pedder Street, Hong Kong, on
7% $62,180.22 to Reinsurance Fund: March 26, 21%
You will bear in mind that since
we last met the share of the Com 10% pany have been split into five, for
SILVER.
Silver: Commodity Exchange Inc. the convenience of Shareholders, of New York:
sax and Bonus that we now
recom-
and consequently the Dividend Mar. 24 Range Mar. 26 Range
May ....45.96 46.05 46.02 46.02 31% mend are identical with those de-July ....46.40 46.40 46.40 46.40. 40.72 46.72 clared last year on the old shares, Sept....46.90 46.90.
.....47.05 47.66 || 47.82.47.32 A review of the Balance Sheet Dec.
Total sales for the day:: 15 will show that all our Funds are
15%
in a highly satisfactory condition 38 contracts of 58 contracts of 19% the total of Assets, as expressed 25,000 ozs. each 25,000 cza, each
34% in Sterling, shows an increase
Market: Steady.
21
83%
8772
10%
10%
18%
41%
414
14%
& Myers "p
32
32
82
42%
28
27%
National Dairy Prod.
15%
15%
Pacific Gas & Electric
19%
Packard Motors
5%
Pennsylvania Rly,
34%
Sears Roebuck
472
474
over
Radio Corpn. **
7%
Standard. Gas
Socony Vacuum Corpn. 16% Standard Brands
16%
the year 1932 · of £65,000 while, as expressed in local cur
21%
13
13
Union Carbide & Carbon 48 Union Pacific
Co. of NJ. 45% Standard Oil Техав
Corpn. Trans-America *******
derably. higher rate of Exchange
45
264
26
only approximates $550,000.
Mar
43%
128%
124
None of the Reserves call for May special mention by me, except July
United Air & Transport 24% United. Corpn.
29%
change -Fluctuation
6%
6%
United States Steel Westinghouse E. & M., 37%
BID-t
62
51% 88
which stands at the very substan- tial figure of: $1,508,880,81 and (provides ample protection for both
market fluctuationa
EXCHANGES.
SPECIAL TO CHINA'MAIL. (By Telegraphy. Copyright, Telegra- phic Meanages Ordinance, 1894 Re-. On demanders ceived March 27, 8.88 a.m.):
* Washington, To-day Proaldent Roosevelt has
sent a letter to Benktór
cher and Representative burn, arging the passa
the Federal supervision stock exchanges, this semion--Dalt ed Press per A.; C. Göld. Bİ Co
RUBBER Rubber: Commodity Exchange 21% rency, the reduction, at the consi-inc. of New York:
Mar.24 Range Mar. 26 Range 1.11.00.11.00 10.90 10.92) .11.11 11.12 11.00 Bldg:
WEDNESDAY, 11th April, 1934, at noon, for the "
purpose of res celving the Beport of the Direc tors, passing the Accounts, and electing Directors and Auditors
The TRANSFER BOOKS of the Company will be CLOSED from the 4th April to 25th April, 1984, both days inclusive, or
By Order of the Board, JARDINE, MATHESON & A
CO, LTD.
General Managers. Hong Kong, 26th March, 1984.
11.40: 11.42 11.30 11.82"
1000 SURPRISES
AND SENSATIONS:
perhaps the Investment and '."Er Standard No. 1 "B" Contract.
Account Total sales for the day:
234 contracts 412 contracts
SILK.
Bilk: Commodity Exchange Inc, "of
In the valus New York:
Jof our Investments, and all 'poss!-
ble vagaries on the part of change.
Usual Staff Bonus
Mar 24 Range Mar. 26 Range
1,38% 1.35 1.35 1.88)
· SUGAR.
Sugar: New York Sugar & Coffes
Market
Cotton;
1.57
COTTON,...
Ex-Mar.
TO-DAY'S QUOTATIONS.
On London-
T. T
1/5%
·1/6%
Four months, sight 1/6
Credits: 4 mont
sight On New
#:1/6
I trust you will approve of the usual bonus of 15 per cent of Exchange: their salares being granted to members of the Staff, who hav one, and all worked well during the past year,
May
July
On demand!
188
Credits 60 days*
sight
I do not think there is anything further that calls for particular mention by me, business continues
On Paris -
On demand
1575
Credits 4 months
Right
625
12.10 12,11
On India
12.24 12.25
12.28 12:25
1. On T. T. and demand 98%
$12.85 12.36
12.34 12,85
Da Shanghai...
$12.40:12:40
12.40 12.40
on demand
11014
may spread and
bring.
12:49 12.49
On Japanime
measure of prosperity to the tire World
Spot
12.20
PA? Officers Elect
WH
The adoption of the report and Faces:
Wheat Chicago
63%
was seconded by Mr. It brbya, and carried: ubani""
Alexandria
Batavia
Berlin
Bombay
Calcutta
Cantan (Dalny)
Nagasaki
Nagoya
New York
Orake
Fengtien (Mulden) Els de Janeiro
San Francisco
Hamborg
Hankow Harbin
Hong Kong
Honolulu Hainking
Koba
London
Zos Angeles *Manila "Mojj
Interset
counts:
·Deposita recal
Peiping
Branches of American Express Co pany in Principal cities of z United States of America and Canada.
classes of Commercia Transactions undertaken.
handle
The Com
BILL WITH "TEETH
IN IT
President Demands " Enactment.
Washington, Zo-day massage demanding the
tent of a Stock Exchange Bil
In It has been sent
|Roosevelt
On demand |On Hanlig==" On demand On Blagapo On dema On Bath
On dem On
to be most dificult and not the changeis least part of our anxieties is that |connected with the investment of May
the Company's Funds We can only hope that the lightening" of Oct.. the dark clouds of depression, alc |ready visible, in certain" ↑
New York Cotton Ex-
Mar 24 Range Mar. 28 Range
$12.00 12.02 11.09.11.89
12.12.12.18
FOOTLIGHT PARADE