BANKS
HONG KONG AND SHANGHAI BARKING CORPORATION.
Louet wit Pity PT49
Reserve Funda Dev
Wenger £8,200,0
Bateri 7**3ay of Proprietar #203,000, 00
HEAD OFFICE, HONOKOKÒ.
BOARD OF DIRECTORS.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHIKA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON,
Paid-up Capital
Henerva Fur.
£8,300,000 .*,000,000
Reserve Liability of Pre-
prietors
5,000,000
Agencler and Branches:
Hon. Mr. A. Mackin
Alor Star
Iloilo
Rangoon
Amritsar
Ipak
Saigon
1. P. Waiter, Bng. Dopets Urgona,
Bangkok Batayin
Karachi
Klang
Bombay
Calcutta
Kobe Kodla
Canton
Hon. Me, W. H. Bell, Miskin, an
&. ft. Compton. Eng.
E. Morrison, Ke -
W. J.Kesick Bat. T. K. Par 30.
C. C. Kalgbt, Kaq.
ΑΚΟΥ
НАМОКОК
ΠΑΤΑΚΙΑ BOMBAT
CALCETTA
CANTON
CREPOO
Остливо
DAIBEN
TOOCHOY
HAIFBORO ПАМПИЛЯ
- HANKOW
HARRIK
HONGNEW
TIMITA
троп
ZDRONE
KORK
KOWLOON
7. K. Oraybarn. Zog.
Chial Manager.
BRANCHES A
LONDON-
LYOKU MALACCA
MANILA
* MUJA PUTokoro)
MUKDEN
NEW YORK
PRIFING
PENANG
RANGOON
KATOON
BAN FRANCIRCO
XUALA LUMPUR -
HUANGNAL
BINGATOR
SOPRANATA
RINGEI PATANI
TIENTRIX
MIKYO
· TRIKOTAO. TOKOHAMA
Deveci male opened in Lord Corrales
sal Fred Depculta rucažvač for woe your or kurser period, te La Company and Morting en berekirk will be smoked on aspīleg
Bong Kong, 13th April, 1934.
HONG KONG SAVINGS BANK.
The Resiben nf the shove Bank ka seadusk. by the HONG KONG AND SHANGWAY WANKING CORPORATION,
abbained to application.
Bukan be
FOR THE ROMORANO AND CHANDRAI BANKING CORPORATION.
a
V. M. ORATAPRE.
Hong Kong, 26th February, 1884.
SAFETY FIRST !
To Safeguard Your Valuables and Jewellerlon
Deposit them in
Vault
that is resil FIRE-PROOF
BURGLAR PROOF
DAMP PROOF!
OUR SAFE DEPOSIT VAULT
apore
Colombo Delhi
Halphong
Hamburg Hankow
Harbin
Honk Roar
Semarang Seremban
Shangha! Bingapore
Kuching Sitiawan
THE HINA MAIL.
Commerce and
Finance
STABILISATION FUND IN US.
2,000,000,000 ALLOTTED.
COTTON, SİLVER AND WHEAT
Latest Quotations.
NEW YORK COMMODITT MARKETS
'New York, May 1.
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations. New York, Yesterday
bet Jones Averages.
Aver. Aver.
Last Today's Changes
NEW
TUESDAY, MAY 1, 1914.
ADVERTISEMENTS
NOTICE.
CUSTOMS NOTIFICATION,.
THE OFFICES' and 'STATIONS YE have This Day authorised the CHINESE MARITIME WM. ERIC MACDONALD CUSTOMS for Kowloon and Dis- BRYDEN, Chartered Accountant, trict will be CLOSED to Publia to sign our firm name in all matters Business on the 5th May, 1934, bo- pertaining to our Hong Kong Office.jing a Customs "Holiday".
30 Industriale 10.00 160.48 2,41 down LOWE, BINGHAM & MATTHEWS, 120 Ras 48.78 47.39 1.39 down 20 Utilities 2.58 28.05 45 down
94.37 94.83.14 downḥ,
Chartered Accountants. Hong Kong. Ist May, 1934.
UNION INSURANCE SOCIETY OF CANTON; 'LIMITED.
E. N ENSOR, Commissioner of Chinese Custom),
Kowloon and District. York Building,
Hong Kong, 30th April, 1934.
40 Bonda Commodity
Index
61.05 51,41 88 pp Messrs: E. A. Pierce & Co Re-}· port: As generally expected, sell-TOTICE IS HEREBY GIVEN PUBLIC AUCTIONS.
the market
Liability Against
Gold.
Sourabaya Taiping
$2,000,000 GIVEN TO FEDERAL RESERVE
- Mesaru, Asia Lands Ltd. have ring, came into the
T
Medan
New York
(Bhuker)
Washington, To-day.
Poiping
Tringtas
(Peking) Yokohama
Penang
Madres
Manila
Foreign Exchange and General Banking business transacted.
Current Accounts opened and Fix
ed Deposits received for one year or shorter periods at rates which will be quoted on application.
W. H. E. THOMAS,
Acting Manager, Hong Kong, 20th February, 1984.
On
000,000 stabilisation fund, appar- Closing Commodity Price
depositing U.S.$200,000,-|April 30. ently
SILVER. 000 with Federal reserve banks
Silver: Commodity Exchange Inc for active use and holding the re-
Apr. 28 Range Apr. 30 Range maining U.S.$1,800,000,000 in of New York:"
Juty....43.89 43.90
reserve.
43.05 43.10 43.30 43.40
on
that an Extraordinary Gen
Auction
ON
Friday, the 4th: May, 1934, commencing at 2.80 p.m.
at No. 22, Humphreys, Building. Kawloon.
A Quantity of VALUABLE HOUSEHOLD
. FURNITURE
On View from Wednesday, the
Terms: Cash on Delivery.
eral Meeting of the Union InsurHE Undersigned have received ceived the following quotations op Cairly substantial scale. There was
by the New York cotton and wheat.
no particular news over the week-will be held at the registered of rubber, silk and silver exchanges end, trading bearishness is on the fices of the Society. Union Build The United States Treasury has an the Commodity Exchanges Inc-increase and we see no point in ing. Pedder Street, Victoria, Hong Kong on FRIDAY, the 25th May attempting to anticipate a rally. 1934, at 11.15 in the forenoon or sa Zamboanga formally created a U.S.$2,000,- New York:-
Wheat: Weather and market news soon afterwarde as the Annual and broader trade and domestic General Meeting of the Society statistics were moderately bullish. convened for that day at the same Good rains are needed over a wide place shall be concluded when the area to allay apprehension. Cotton: subjoined resolution will be pro- Prices advanced carly in the day, posed as a special resolution. induced by Senator Smith's pro- "That the existing Subsection 3rd. May, 1934.
Ar- "(a) of Article 125 of the posn! to prohibit the selling of
of the "ticles of Association pool cotton until August, 1935. Un- the less the price should reach
"Society shall be cancelled and THE BANK OF CANTON, LTD. penditure in the Treasury state- Mar....46.30 46.30
ment, where the amount was pre-Total sales for the day:- viously lumped with the addition 233 contracts of 280 contracts of fifteen-cent level. The market lat- 25,000 ozs. each 25.000 ozs. each er reacted in sympathy with securi- lal devaluation profit.
lies. Silver: There was heavy Market--Easy.
Hiquidation, following the issuance Rubber: Commodity Exchange of transferable notices, with offer- by interests ings being absorbed with banking connections. A trad- ing feature was switching of May to September and December,
Busines. Done!1,490,000 shares.
Last To-day's Price, Pries
Establinked 1912.
Head Office-Hong Kong.
To accomplish this, the entire Sept....44.25 44.25 U.S.$2,000,000 is carried as ex Dec.....44.70 44.70
RUBBER.
Yesterday's statement shows that U.S.$1,800,000,000 of the stabilisa- a liability tion fand is entered as against the stock of gold, while inc. of New York: Book Bangkok simultaneously the gold certificate
Authorised Boplis! (M.X. Oursney! .....831,000,00 Pull-Up Capčia 1,062.000 Beserta Panda
Tu
Canell
BRANCHES
kad on Frunziona
LONDON BARKIES!--
The 'Lloyd's Bénk, Ulilled.
COMPONDENTS
principal ofides of the World.
1,184,0m
Foreign Eschsaju nad kasking bootson of
Svay Bunchpilon transacked.
Safe Depot Form (various skonal at a guarly varia) of roon 10 to $IN
.12.80 12.89
43.90 43.90 44.50 44.60
Apr. 28 Range Apr. 30 Range
13.48 13.60 fund of the Federal Reserve Board May....12.57 12.57
13.68 13.70 jumped by U.S.$101,000,000 which July
13.00 13.92 Standard No. 1 "B" Contract. Total sales for the day:-
522 contracts - 1,336 contracts SILK.
the
is interpreted as indicating that the Sept....13.03 13.14 Treasury will deposit from stabilisation fund, it is believed, the $99,000,000 previously deposited likewise treasury officials refuse to discuss the transaction. saying that the daily statement New York:
remaining LOOK POONG SHAN.
Chief Manager
THE BANK OF EAST ASIA, LTD. must speak for itself.
Anthorized Capital
Silk: Commodity Exchange Inc,
Apr. 28 Range Apr. 30 Range
No Indication is given as to whe-May ...1.20 $10,000,000.00 ther the U.S.$200,000,000 given to Sept. Paid-up Capital ..... 5.828,500.00 the Federal Reserve system has Dec. Reserve and Undivided
Profits
$2,434,000.00 been used.-Reuter.
HEAD OFFICE:--HONG KONG 12. Des Voeux Road Central
BOARD OF DIRECTORS:- Sir Shouson Chow, Chairman.
Li Koon Chun. Esq. P. E. Kwok, Esq. located on the Mezzanine Floor of Wong Yun Tong, Esq. Chan Ching! Our New building in Specially Con-Shek. Eng. Li Lan Sang, Esq. Wong structed to provide all of these Im-Chu Son, Esq. and Kan Ying Fo, Esq. portant Qualities.
Safe Deposit
Vealt
You may obtain a Box in this most up-to-date
for Your own use at a very moder
Inspection fordially invited.
Kan Tone Po. Esq. Chief Manager." LA Tas FoRE, Esq., Manager.
BRANCHES AND AGENCIES:--
Manila Melbourne Nagasak
•ate Rental.
THE NATIONAL COMMERCIAL
Amoy Batavia
Seattle
& SAVINGS BANK, LTD,
Bombay
Calcutta Canton
Haiphong
New York Ouks Pari Bankow Peining
Penang
Rangoon
Saigon
Corner of Fee Finase Street and
Des Voeux Road, Central.
Semarang Shanghal Singapore Sourabaya Ewatow Syndey Teibaka Tientaln
Tokyo
Vancouver Yokohama
STRICT SILENCE IN OFFICIAL CIRCLES.
Prompted By Weakness
In The Dollar.
1.21
1.24 1.24 1.21 1.22 .1.23% 1.23 1.21 1.21
SUGAR.
Sugar: New York Sugar & Coffee Exchange:
· May*.
July
Air Reduction
Caterpillar Co
New York, To-day. While official circles in Washing-change:
Apr. 28 Range Apr. 30 Range General Electric ton maintain the strictest silence
General Foods General Motora regarding the stabilisation fund, May ....11.01 11.01
Gilletle Safety unofficial quarters are of the opinion July that the transaction was prompted Oct.
Gold Dust by the recent weakness in the dollar Dec and unticipation of further declines Jan. from gold parity with the franc. Mar.
Reuter.
WHEELER UNCERTAIN
LAMMERT BROS.
Auctioneers,
"the following Subsection to Hong Kong, 1st May, 1934. "such Article shall be substitut-
"ed therefore:--
THE
ON
Thursday, the 3rd. May, 1934*
Commencing at 2.30 p.m.
at their Sales Room,
4 Duddell Street.
A Quantity of VALUABLE HOUSEHOLD
FURNITURE
and Arm- Chesterfield couches
Wardrobes with
"125 (a). All Deeds and Instru-THE undersigned have received "ments requiring the seal of instructions to sell by Publie "the Society shall be signed Auction "by two Directors and coun- "tersigned by the General "Manager. All cheques TC- "quiring signature shall be "signed by the General Mana- "ger or by any such person or "persons as the General Man- "ager may from time to time In the absence of "appoint. "the General Manager all che-comprising:- "quee requiring signature "shall be signed by the person chairs, Teak "appointed by the Directors to Bevelled Mirrors, Teak Dressing the Table with Bevelled Mirrors, Teak "perform the duties of "General Manager er hy any [Chest of Drawers, Teak Hatatands, "such person or persons as the Teak Chairs, Teak Sideboards with to Mirrors, Teak Dining Table, Teak "Directors may from time
and Glass Cabinets. Teak Book-
Desks, case, Teak
Teak Writ- Teak ing Table,
and Marble top Washstand, Flower Stands, Square Tables, Round Tables, Teak Fender, Teak Beds, Teak Cat, Screens, Rattan Table and Chairs, Wardrobe Trunks, Cabinet Trunks, Teapoys, Satu, Iron Bed, Brass. Fenders, Fire Brasses, Carpets, Rugs, Linen, Blankets, Table Clocks, Wall Clocks, Tea Sets, Dinner Crockery, Brass Ware,
By Order of the Board,
A. W. HUGHES,
General Manager.
Hong Kong 1st May, 1934.
YOU
00%
Allied Chemical & Dye 145%
101 American Can
American Tel & Tel120 American Tobacco "B" 1.10% 1.18% American Waterworke
of American Radiator 7, 18
American Smelting
09% 144 100% 14
4144
39%%
1185
71%
71
2014
2014
Anaconda Copper Min-
ing
164
15%
Bendix Aviation
18
174
Borden Co
244
23%
Canadian Paric
10
15%
J. 1. Case
6834
64%
April 28 April 30
3114
"time appoint."
31
Chane National Bank .. 30
29t
1.45
1.44
Chrysler Matora
46%
J47
3.48
Consolidated Gas of N.Y. 36%
3514
September
1.5/
1.54
Cartine Wright
4
31
Du
Pont de Nemours
93%
92
Market: Quiet.
Eastman Kodak
94
92
COTTON.
Electric Auto-lite Co
25
2314
Cotton.
New York Collon Ex-
Electric Bond
& Share.
18
15%
Power & Light 6%
224
21.3%
16
10.74 10.74 10.90 10.30 11.05 11.06 11.14 11.16
364
36%
11
11
21%
30%
Internat Harvester
40
39
Internat Tel & Tel
136
11.21 11.21
Liggett & Myera "B"
93
11.30 11.33
Loew's Inc
824/
31/
STOCK OF ASIATIC, FOREIGN AND
Middling
10.95 Spat..11.15
WHEAT. Wheat: Chicago Board of Trade:
Montgomery Ward
30%
28%
National Biscuit
41
40%
National City Bank
80
-29% +
National Dairy Products 16%
10%
Otis Elevator
1574
15%
April 28 April 30
Pacific Gas & Electric
18%
18
May
་
July
September
-78% 783% 7914
80%
Packard Motora
4/
790
Radio Carpin
Pennsylvania Rly
33%
81
8%
7%
80-4
Sears Roebuck
48%
46%
20,000,000 bushels
Standard Brande
Socony-Vacuum Corpn
164
16%
21% 21
Standard Gas
12%
12%
Standard Ol Co of N.J. 45%
44%
Texan
Corpn
26% 25%
Trans-America
April 28 April 30
42%
United States Steel... 49 Westinghouse E. & M. 58
Mutilated:; BID.:~.
.328 United Air & Transport 23 United Corpn.
127
22%
5 46% 87%
P. O. Box. Na, 820,
11:11 11.12 .11.2 11.20 .11.37 11.30 .11.46 11.40 .11.69 11.53
30,000,000
bushels
Batha, Shanghai
ARE INVITED TO INSPECT OUR Glass Ware, Wash Basin, Enamel Bath, Mirror. Books, Silver Ware, Cutlery, Pic- tures, etc., etc.
COLONIAL
POSTAGE STAMPS
IN SETS, SINGLE, PACKETS, BAGS AND IN APPROVAL
SHEETS,
GRACA & CO.,
Dealers in Postage Stamps, Philatelic Goods, Picture Postcards, Religious Goods, Garden Boda, & etc. NO, 19, WYNDHAN STREET,
BONG KONG
also
A Quantity of Blackwood Furniture
including:
Blackwood
Joss Table, Black- (wood and Marble top Jardineeres, Carved Black wood Armchairs, Black wood Teepoys, Black wood | Decks, etc., etc.
One Piano
and
On View from Wednesday the 3rd. May, 1934,
Terms: Cash on Delivery,
LAMMERT BROB
Auctioneers.
Hong Kong, 1st May, 1934.
Honolulu Kobe Kowloon
THE BANK OF TAIWAN, LTD. Londo
(TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formoss Incorporated by Special Imperial Charter, 1890.
Destral Eash in Farmons
San Felsco
Every description of Banking and Loans Exchange business transacted. granted on approved
securities. Carrent Accounts opened
In Local
Bank-Motor looned Average morata. Currency and Fixed Deposits received
[for one year or shorter periods in- and Foreign Currencies on On and after August 15th, 1933. the Local rate of Interest on Special Current terms which will be quoted on appli-
at 2% pe, on daily cation. Deposit will be balance and the rate for balance over $10,000 will be quoted an application. (Maximum rate=124%).
LONDON BANKERS +
Barclays Bank, 144. Kleyda Bank, Lad Midal Bank, TAL. Weibineber Book, LAI.
The Bank has Correpenkrais la all the priamyni Jederal Content throughout the world. L. MAGURA.
HONG KONG - BRANCH ›
DY Book Damirni
Hong Kong Dosamine 14, 1981.
THE YOKOHAMA SPECIE BANK
&
LIMITED.
Establicked 1880
....Yen.122,750,000
Capital (fully paid-up) Yen.100,000,000
Reserve Fund
Head Office:-YOKOHAMA
Safe Deposit Boxer To Let
KAN TONG PO,
Chief Manager. Hong Kong, 1st March, 1984.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65, Broadway, •
New York..
Capital Surplus ... Roserves
Armataram
.1.8.36,000,000,00 .3.5.31,847,029.17 ..U.6.31.718,979,67
BRANCHES:-
Glasgow
4th
Nagurald
Nagoya
New York
Osaka
Berlia Tomboy Benton Bramale Cairo Jalcula Ca Colombo Openings Dublin Balabary
Парное Hace bord Barns Muldelburg
Liverpool Losers
Layer MarnoTan Man Oce
Parta
Montone Milan
Peiping Rangoon
Branches and Agencies at:
Alexandria
Batavia Berlin
Bombay
Calcutta
Canton
Dafren (Dalny) Hamburg
Fangtien (Mukden) Rio de Janeiro
Hankow
arbin
Honolula Keinking Karachi
San Francisco. Scattle
Semarang
Shanghal Singapore
Socrabaya
Kong
Sydney Tientsin Tokyo
Los Angeles
Manila
Moji
counts.
Tsingtan Yingkow
xiao City
Plivam Parla Palping
Kampers Tania Taormina
Variou
Yokohamaa
GUNTH
Branches of American Express Com- pany in Principal cities of United States of America and Canada.
FREE COINAGE DRIVE IN US.
Silver Senators May Total sales for the day:
Withdraw.
#PECIAL TO CHINA MAIK. -
(By Telegraph, Copyright, Telegra phie Messages Ordinance, IRBL. Re- ceived May 1, 8.12 aan.)
Washington, To-day. The United States silver Senators are being polled to determine whe- ther they want to continue the drive for free, coinage of silver after President Roosevelt has in- dicated his willingness to place the the metal at a 30 per cent. ratio to gold.
Some members are disposed to abandon the drive.
AMERICAN GOLD PRICE: (WASHINGTON),
U.S. Treasury Gold
Price, per ox... $85.00 $25.00
METAL,
Apr. 26 Apr. 30 Copper, Oct., per lb.. 7.74
7.68 Tin, Oct., per Ib..... 55.30
HEAVY SILVER LIQUIDATION.
55.10
Banking Interests Buy In New York.
STOCK PRICES DECLINE
Schator Wheeler states "I
New York, To-day, don't know what to do. The
Heavy liquidation in silver occur- President's attitude is a step in red on the New York market yester- the right direction. However, it day following the faxuance of trans- is not far enough. Some day forable notices. Offerings’werð_ab- world conditions will force him sorbed by interests with banking
United to go all the way."
connections. A trading, feature, was Press, per B, C. Gold Bar Co,
switching from May to September and December.
Guide For Foreign Exchange.
SPECIAL TO CHINA MAIL,
All classes of Commercial Banking (By Telegraph, Copyright, Telegra- Transactions undertaken,
Personal investment accounts handled.
pkio Messages Ordinance; 1894,|| "Ra ceived May 1. BJB: G.M.)
Washington, To-day,
|
Industrials and rails slumped 2.41 and 189 to 100.49, and 47.89 respec- tivaly, while bonds and utilities were down,14 and 46 to 94,83 and 23:05; respectively. The commodity Index] rose 36 to 51.41.
Business was briak, 1,490,000 shares being traded Reuters
The United States Treasury has THE CHINA FIRE INS. CO. LTD. The Company offers to intending transferred U.S.$2,000,000,000 to a Travel the use of its "Travolgen.
In the recommended payment of Interest allowed on current & Cheques" and Letters of Credit mod, special account indicating an early
in addition, the world-wide Bayless operation of the stabilisation fund Dividends and Bonna for the year of its thoroughly equipped Trayed De to guide foreign exchange quota- ended December 1988 reported partment,
tions in connection with the hogst in our columas, yesterday, the Ex- ing of commoditi United Press, change Bonus Dividend should read. par 8.C. Gold Bar Co.
|$2.00 per share and "not $7,00,-
Deposits received for fixed periods at rates to be obtained on appation.
C. LIBHINA ML,
Manager. Hong Kong, 11th April, 1954:
DUGGAN.
·Manager.
Union Carbide & Carbon 48
Union Pacific
AMERICAN ORIENTAL
FINANCE CORPORATION
Fed. Inc., U.S.A.
We are opening
NEW
OFFICES
in the
ASIA LIFE BUILDING
14 Queen's Road Central, 3rd floor
Telephone: 26631.