BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorland Capital
loved and Fully Faid-up
Boserve Parls -
thaling
Ni...
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
so.m
Incorporated by Royal Charter, 1863.
6,100,000 $10,000,000
Meserve Liability of Proprietor 301,M,MKE
HEAD OFFICE: HONGKONG.
BOARD OF DIRECTORS.
Hon. Mr. GG,S. Dickie Chairman.
S. 4. Dalwyll, dómg Deputy Chair.
1. Mr. M. R, 191 A. H. Compton, Em
W. J. Kelek Bag,
€, C. Knight, Kwa
AMOY
BANGKOK BATAVIA
BOMBAT CALCUTTA ΓΑΝΤΩΝ CHIEFOO COLOMBO
DAIREN FUOCHOW
RAIPHONG HAMBURG BANKOW
א נשתגע
BONGREW ILOILO
IPOH
JONORA
KOBE
KUWLOON
G. Miskin, Kay.
K. H. Marion, Uimg.
T. E. Pearce Bén,
T. K. Grayburn, Esq.
Chial Manager,
BRANCHES:-
LONDON LYONS
MALACCA MAKILA
MUAN (Jakart
XUKDEN
NEW YORK
PRIPING
PENANG
RANGOON
BAIGON
SAN FRANCISCO
KUALA LUMPUR
SHANGHAI
BINDAPURE
BOURAKATA
BUNGEL FATANI
TIENTSIN
TOKTO
TSINGTAO
YOKOHAMA
Carros ¢e opened in Las Currency and Fixed Depolls reculed for eos J
ekariar periods It Loral Company and Bierling e terms which will be groted on appllowston.
Hong Kong, 13th April, 1884.
L
HONG KONG SAVINGS BANK.
The Busine of the above Bank la comisar nd by the HONG KONG AND SHANGHAI BARKING CORPORATION.
afriained applioniion.
El AT DE
FOR THE HONGKONG AND SHANGHAI BANKING CORPOBATION.
V. N. OBAYBURN,
Chief Mage.
Hong Kong, 26th 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
focated on the Mezzanine Floor
HEAD OFFICE: LONDON.
Bangkok Balavia
Bombay
Saucon
Cawnpore Cebu Colonibo Delhi
Haiphong
Hamburg Hankow Harbin
|Hong Kong
Kobe
Kunta
Lumpur
Kuching Madras
Shanghai Singapore Sitiawan Sourabaya
THE CHINA MAIL, MONDAY, MAY 28, 1934,
Commerce and
Finance
LOCAL SHARES..
TO-DAY'S QUOTATIONS.
The following is the list of local share quotations issued to-day:
Banks.
H.K. Bank, $1,870 u.
H.K. Bank (London), E131% n. Chartered Bank £16.
EXCHANGES.
TO-DAY'S QUOTATIONS
China O. Fin. Pref. Sh. $5 n.
Insurances.
Canton Ins. $310 n.
Paid-up Capital
£3,000,000
Reserve Fund
£9,000,000
Reserve Liability of Pro-
On London-
prietora
-£3,000,00
Agencies and Branches:
T. T.
Alor Star
Illoflo
On demand
1/4% 1/4%
Rangoon
Amritsar
Ipoh
Saigon
Karach!
Semarang
Four months' sight 1/5 Credila 4 months
Klang
Seremban
sight
17584
4
On New York-
Mercantile Bank, A. & B. £28 n. Mercantile Bank C, £16 п.
On demand
35W
Bank of East Asia, $93 s.
Manila
Taiping Tientsin
Credite 60 days'
Am: 0. Finance Corp., Sh. $20 n.
Medan
Tongkah
sight
37%
China 0. Fin. Ord., Sh. $4 n.
New York
Bhuker)
On Paris-
Felping
Tsingtao
(Peking) Yokohama
On demand
640
Penang
Zamboanga
Credit 4 math"
and
sight General On Ludin-
5680
Union Ins., $5821⁄2-.
On T.T. and demand 93% On Shanghai-
1101⁄2
On Japan:-
On demand
117
Hong Kong, 20th February, 1934.
(On Manila.........
On demand
7114
On demand
60
In Dalevis
On demand
521⁄2
On Saigon-
On demand
54
On Bangkok-
131%
Foreign Exchange
Banking business transacted.
Current Accounts opened and Fix- ed Deposita received for one year or shorter periods at rates which will be; quoted on application.
W. I. E. THOMAS,
Acting Manager.
On demand
THE BANK OF CANTON, LTD.On Singapore--
Established 1912
Head Office:-Hong Kong.
Anibarinné Caplist (H.X. Currency) ..-611,000_106
Pald-Up Caption Katore Pand 1,10UGG
BRANOHESI
Önt, Shanghai, Banker, Boskok,
and Ban Francisc.
LONDON BAKKERI 1--
The Lion's Zenk, Limited. CORRESPONDENT
in all primolpai dhim of the World.
Fusign Exchange and banking borden o sary sorpties resected.
bale Deposit Road (Various alone) ni v panely
LOOK POONG BHAN.
On .demand Sovereigns bank buy-
ing rate ........ 1/51⁄2 Bar Silver per oz..... 19% Bar Silver in Hong
Kong
Copper Cash
Chief Manager
Copper Centa
KOM.
nom.
1% prem.
Rate of Native Interest 32% p.8. Chinese Sub, Coin ... 31% dia.
THE BANK OF EAST ASIA, LTD. Hong Kong Sub. Coin par.
Authorised Capital Pald-up Capital
Reserve and Undivided
Profus
$10,000,000.00
5,898,000,00
China Underwriters, $14 82.
China Fire Ins., $510 n.
H.K. Fire Ins., $250 n. International Asscc., $6 n
Shipping.
Douglas, $41 n.
H.K. Steamboats, $9 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $33 n. Shells (Bearer), 50/7 n. Union Waterboaig, $11.30 n.
Mining.
Antamoks, 68 cts. n.
Balatoes, $33% n. Baguio Gold, 37 cts. n. Benguets, 8321⁄4 n. Benguet Exploration, 20 cts. a. Benguet Goldfield, 20 cts. A. Big Wedge, 12 cts. n.
Gold Creek, $3% n.
Ipo Mining, $4 n. Itogonė, $7 n.
Kailan, 21/3 n.
Langkats (Single) Sh. $184 n. S'hai Explorations, Sh. $4.80 n. S'hai Loans, $5% n. Raubs, $15% n.
Venx: Goldfield, $7. a.
Docks, clc.
TIK, Wharves, $103 b.
$2,434,000.00 MANCHESTER MARKET HK. Docks, $15 n.
HEAD OFFICE:-HONG KONG 12, Des Voeux Road Central
BOARD OF DIRECTORS:--
Sir Shouson Chow, Chairman.
Li Keon Chun, Esq. P. K. Kwok, Esq. Wong Yon Tong, Esq. Chan Ching
Our New building a Specially Con- Shek, Esq. Li Lan Sung, Eaq. Wong strueled to provide all of these Im-Chu Son, Esq. and Kan Ying Po, Esq. 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.
Inspeellon Cordially Invited.
Kau Tong Po, Esq, Chlef Manager. Li Tso Font, Esq., Manager.
BRANCHES AND AGENCIES-
Manila Seattle Melbourne Nagasaki
THE NATIONAL COMMERCIAL Batavia
& SAVINGS BANK, LTD.
Corner of Ice House Street and Des Voeux Road, Central.
Amoy
Bombay Calcutta Canton
New York Osaka
Halphong Paris
Semarang Shanghai Singapore Sourabaya Swatow Syndey
REPORT
S. China Motors A. $2 m. S. China Motors B., $8 n. Providents (old), $1.85 b. Providents (new), 76 els. n.
Bankhead Bill Regulates Hangkews, Sh. $350 n,
U.S.A. Output
POPLIN CONTRACTS. FROM
CHINA
While there have not been any startling price movements during the past week, the week has not been entirely without Interesi. The Bankhead Bill has finally been passed, and signed, by Presidenti Roosevelt. and uncertainty as to it provisions bas been removed. Quotas are lo be granted to farmers, to ensure that the crop will not be more than 10,000,000 bales, as compared with 13,000,000 Every description of Banking and bales for the two previous seasons.
Hankow Peiping Honolulu Penang Kobe
THE BANK OF TAIWAN, LTD. Kowloon
(TAIWAN GINKO.),
HEAD OFFICE:-Taipeh, Formana Incorporated by Special Imperial
Charter, 1899.
Cettes! Bank in Formosa
(London
Rangoon Saigon
San F"cisco
Taihoku Tientsin Tokyo..... Vancouver Yokohama
granted on approved securities.
Exchange bustions transacted. Loan Any excess of output above 10,000,-) Current Accounts opened in Locat 000 bules will be taxed at 50% of Bank-Mata ineund Avangs umesah Yan. Sajon, Currency and Fixed Deposita received the price of cotton then ruling; the
On and after August 15th, 1933, the for one year or shorter periods rate of Interest on Special Current
Local and Foreign Currencies
On
*
tax to be operative when sold, not Deposit will be at 2% pa. on daily terms which will be quoted on appliat the gins. The acreage will be balance and the rate for balance over cation. $10,000 will be quoted on application. (Maximum rate-1%).
LONDON BANKIERS ·
Malays Bank, Kad.. Kaydı Book, 119. Midland Bank, Lád., Wasiminator Bank, 148. -
The Bank has formaspondasie in all ske prino.pl Smart in throughwol she world.
TONG KONG BRANCH:
9, D Your Bond Central.
Hong Kong, Devamlar M4, 1984.
Хаваро
Safe Deposit Boxes To Lat.
KAN TONG PO,
Chief Manager. Hong Kong, lat March, 1984.
THE
not less than thirty million, not twenty five million as proposed earlier on.
The Act will be in force for one year.
Colton Prices Easier Catton prices have been somwhat
AMERICAN EXPRESS COMPANY, curier, though the outlook is very
INC.
Head Office:-65, Broadway, New York.
Capital
THE YOKOHAMA SPECIE BANK Surplus
LIMITED.
Established 1880
Capital (fully paid-up) Yen.100,000,000 Reserve Fund ....Yen.122,750,000|
Head Office:-YOKOHAMA
Branches and. Agencies at: ¡Alexandria *.
Batavia
Berlin
· Bombay Calcutta
Cantos
Dairen
(Dalny)
Reserves
.U.S.$8,000,000,00 .11.5.$1,867,089.37 ..U.8.$1,718,079,57.
BRANCHES:
kiroo Cily
Naples Рульна
kralardan Aniowy Ashe Aw
4000
Mi
Finals Bartin
Bombay Brose Drumele
13amborg FEAT Heidelberg Interlaken Formeleon
Nagusald Nagoya New York Oonka
Calro Calotis Селце Colombe
Liverpool Imos Lugane
Copening
1dlebargh
LABO
Monte Carle
M
· Florence
Paris Peiping Rangoon Fengtien (Mukden) Rio de Janeiro
San Francisco Seattle
Hamborg Bankew Turbin Ilong Kong Konolutn
king
Sadon
LOB
“Angelou'
Femara Semarang....
Bhangha
Sydney
Tokyo
Pelpl
Halter&am Flore Kansai Boutenplan Kingspor Then talk Tanimina
Vienna Vening Yourba.com
Junsettled. Any attempt to fore cast the future trend must neces sarily be very difficult as the un- certainty of political developments | In the States in a big and unknown; factor. The general opinion seems Ito be that no schsational decline is! likely. There has been a fair amount of enquiry to hand but it has been somewhat unevenly dis tributed.
Advices from India have been more encouraging, and dealers are' said to be displaying more interest in Lancashire goods than for some time back. The bulk of the demand has been for dhooties for Calcutta, and fair, lines are reported to have ordera for light bleaching cloths have been secured for Karachi and [Madras", whilst dyed goods havo Branches of American Express Combeen in demand for Bombay and pany in Principal cities of United
up country. States of America and Canada:
.
Bid from
Ching · have been All classes, of Commercial Banking scarce, though some contracts for Transactions undertaken.
poplins have been arranged for accounts Shanghai. k
Personal
baridled.
investment
Tientaln
Miscellaneous Unes of fancies have been mentioned for the Tringtau Yingkou
The Company offers to lotending Strajta, but nothing of any weight. Travelers the use of itu **Travelers Interest; allowed on Current As Cherues and Letters of Credit and There has been a little more en- In addition, the world-wide servion quiry from West Africa, whils Deposits received for fixed periods of its thoroughly equipped, Travel De Bouth America has bean buying at rates to his obtained on application, partiment
useful lines of finishing clothe, The Home Trade section has had DUGGAN, JAS
Mazagw, a fairly busy week.
counts,
M: Manager,
Hong Kong, 11th April, 1924.
New Engineerings, Sh. $5.20 Shangbai Docks, Sh. $133 n.
Cotton Mills.
Ewo Cottons, Sh. $10.80 n. S'hai Cottons (old), Sh. $75 n. S'hai Cotton's (new), Sh. $43 n. Zoung Sings, Sh. $131⁄2 n. Wing On Textiles, Sh. $60 n.
Lands, Hotels, etc.
H. and S. Hotels, $6.10 m. H.K. Lands, $611⁄2n. S'hai Lands, Sh. $25 n. Metropolitan Lande, Sh. $14 m. Humphreys, $11.20 m. H.K. Realties, $5.10 n. Asia Realtics "A", Sh. $140 n. Asia Realties "B", Sh. $20 n. Chinese Estates, $80 n. China Realtics, Sh. $15%1⁄2 n. China Debenture, Sh. $137 n.
Public Utilities.
H.K. Tramways, $21.20 sa. Peak Trame (old), $15.00 n. Peak Trams (new), $7% n. Star Ferries, $100. n. Yaumati Ferries, $221⁄2 n.
Astor Widow and Boxer Husband
Mr. and Mrs. Enzo Fiarmonta
The former Mrs. William K. Dick, who was once the bride of the late John Jacob Astor, is shown with her Italian puginst husband, Enzo Fiermonte, as they enjoy an outing at Palm Beach, Fla. This is the rat picture made of the couple since their warrings in a New York hospital
NEW INDICATIONS
OF RECOERY.
Increasing Use Of Small Currency In U.S.
$4,000,000,000 CIRCULATING
NEW ADVERTISEMENTS
THE RONG KONG JOCKET
CLUBJE UN
THE SIXT.8 EXTRA RACE MEETING will be held (Weather Permitting) at HAPPY VALLEY on SATURDAY, 2nd June, · 1934, mencing at 2.00 p.m.
com.
The First Bell will be Rung at 1.30 [p.m.
MEMBERS' ENCLOSURE.
Members are notified that they, and their Ladies must wear their Badges prominently displayed throughout the Meeting.
No Une without a Badge will be admitted to the Members' Enclosure.
Badges admitting Non-Hembers to the Elembers' Enclosure and Club Rooms at $5.00 for Gentlemen and $3.00 for Ladies. (Both including Tax)
obtainable
the through.
are
SECRETARY upon the persona! application of a Member, auch Meni- her to
beible for all visitors. introduced by
and for Payment
of All Chits,
The Secretary's office, 3rd Floor,
cloz Building, (Tel. 27794), wil
12 O'clock Noon
Badges admitting to Members' En-
# NOT be on sale at the Course.
On No Pretext will Children be permitted ́in either' Enclosure during the Meeting
Bre
Tiffins are obtainable at the Club House provided they
ordered from the No. 1 Boy in advance. Tele- phone 21920,
PUBLIC ENCLOSURE. The Price of Admission to the Public Enclosure is $2.00 including
FAREWELL TO Tax, for all Persons, including Ladies
MR MORRIS.
Chinese Merchants To Pay Tribute.
A farewell party in honour ofį Mr. Alfred Morris, Headmaster SPECIAL TO CHINA MAIL.
of King's College, who is retir- (By Telegraph, Copyright, Telegra-ing next month, will be given by inkie Messages Ordinance, 1894. Re-Chinese merchants in the
ceived May 28, 8.22 m.)
•
|Colony, headed by Sir Show.son
and is payable at the Gate, Soldiers Land Saflors in Uniform are admitted
Half Price.
Bookmakers, Tic Tac Men, &c. will not be permitted to operate within the Precincts of the Hong Kong Joc- key Club during the Race Meeting.
By Order,
C. B. BROWN,
Secretary.
Hong Kong, 28th May 1936.
PUBLIC AUCTION.
[Auction
Washington, To-day. Chow, K., C.M.G., LL.D., to: THE Undersigned have received The Federal Reserve Board has morrow at the Gloucester Build-Instructions to sell. by rublie colled attention to the steadily In- ing Restaurant. creasing use of currency denomi-
Formerly Headmaster of the Sal nations of U.S.$20 or less, as fur-Ying Pun School, Mr. Morris, for ther evidence of reviving business of his time to charity work more the past 16 years has devoted much
ON Saturday, the 2nd June, 1934, commencing at 10.30 a.m.
at No. 17, Lycemun Building, Chatham Road, Kowloon.
1 has reported the continuous especially in connection with the retirement of large denominations St. John Ambulance Society of
A very fine and valuable 288ort- and the increase, since July, of which he is Commissioner. ment of Cut glass ware, Silver U.S.$260,000,000, to a total of He has been instrumental in in-ware, Fancy lamp shades, Electric |$4,000,000,000 in currency eircula-Istituting free nursing centres in fittings and a Quantity of House-"
tion of denominations of U.S.$20 the Colony, organising stations and hold Furniture.
clinica both in Hong Kong and the
also
Jor less, p.)
"The growth of the circulation | New Territories and has given in- One Astronomical Clock In Glass of these denominations, of which valuable assistance to the sick and case. [about half occurrred since Junu poor.
On View from Friday, the 1st jury, reflects the larger demands
Mr. Morris celebrates his 60th June, 1934.
Terms: Cash on Delivery
C. Lights (old), $8.30 b., $8.95 sa, C. Lights (new), $8% . H.K. Electrics, $73% b. Macno Electrica, $25 b. Sandakan Lights, $8 n. Telephones (old), $25.15 b., $251⁄4
sa.
Telephones (new), $12.48 n. China Buses Sh. $13.20, S'pore Tractions, 5/- 1. Singapore Pref,, 16/101⁄2 n.
Industriala,
Malabon Sugars, $121⁄2 n. Cald: Macg. (ord), Sh. $21 n. Cald: Macg. (Pref.), Sh.#191⁄4n. Canton Ices. $2.80 m. Cements, 2.70 m. ILK. Ropes, $51⁄2 *.
Stores, etc. Dairy Farma, $261⁄2 n. Watsons, $60. Der. A. Wings, $1 n. Lane, Crawfords; $3.80 b. Mackintoshs, $21. Sinceres, $9
Wm. Powells, 80 cis. 1. Wing On (H.K.), $1,20 n.
Miscellaneous.
ILK. Amusements, $3.80 b.
for cash for payrolls, retail trade,birthday on June 18. and similar purposes," the Board states. United Press, per S.C. Gold Bar Co.
LOCAL DOLLAR STEADY.
Silver Prices Decline.
ORGAN RECITAL TO-DAY.
Mr. Rupert Baldwin At St. Andrew's Church.
LAMMERT BROS,,
Auctioneers. Hong Kong, 28th May, 1934.
CONSIGNEES' NOTICE."
'THE BEN LINE STEAMERS, LIMITED.
From LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.
Mr. Rupert Baldwin will give an Organ Recital at the St. Andrew's | Church this evening at 9.15 p.m.. The local dollar remained stendy, The following is the programme: opening on ,demand to-day at 1. Prelude in G major ...) Bach The Steamship
2. Chanson Triste {1/4.
Tchaikowsky Solo (Mrs. W. Gardiner) Both spot and forward silvers. Sonata No. 2 prices declined 1/16, closing on. Meditation-Elegic Saturday at 19% and 9/16, res- pectively.
"BEULOMOND" Consignees of cargo are hereby - in- Mendelssohn formed that all goods are being land- ed at their risk into the hazardous (from Suite in E) Borowic and/or extra hazardous Godowns of 5. Air from "Water Musle".
Handel The Hong Kong & Kowloon Wharf and Welstenholme 6. Allegretto
Godown Co., Ltd., whence and/or from Solo
the wharves delivery may be obtained. MacDowell No claims will be admitted after the Goods have left the Godowns, and
11 Goods remaining und
undelivered after the 4th Jane, 1984, will
will be sub- E. Mason Joci to rent
(a) Song
The London on New York cross rate which closed on Friday at 7. Three "Bes Picces"
-U.S.$6.09% closed on Saturday {at £—U.S.$5.09%, while the New
York on London rate closed at 8. £-U.S.$6.09, as against £-U. S.18. $5.09% on Friday.
SUDDEN DEATH OF MR. JOE L. KNOPP.
(b) Nautilus (c) A.D. 1820. Slumber Song March in B fint
Silax
POLICE RESERVE.
Orders for the Current
Week.
All claims against the
the steamer muit be presented to the Undermigned on or before the 18th June, 1934, or they will not 54 recognised.
#d
To comply with the General Bond- Warehouse Regulations consignees must have events Officer In at- whan damaged satiable
"tendance.
All brominada and damageć
Ordera by the Hon. Mr. E. D. C. Goods are to be left in the Godewas, Raymond Concrete Pile wolfe, C.M.G., Inspector General of 2nd June, 1934, at 10 am by
Co. Representative.
FUNERAL THIS AFTERNOON.
Police.
KING'S BIRTHDAY CELEBRATION:
whom they will be examined on the
Mears. Goddard & Douglas.
: No Fire Insurance has been steel-
Bills of Lading will ba "countersign ed by.
GIRE, LIVINGSTON & CO. LTD.
The following Police Reservists The death occurred yesterday will parade for duty in connection morning of Mr. Joe, L. Knopp, at with the King's Birthday Celebra Hong Kong, 28th May, 1981. his residence at 49, Peking Road, tion on Monday, June 4, 1984; Kowloon, from heart failure,
85 members of the Chinese Com
The late Mr. Knopp, who was the pany to parade at General Police Brace, Holsters and Revolvers. representative of the Raymond Station at 08.45 hours to draw 'arme,
CHINESE COMPANY
Concrete Pile Company for the Dress-White' Uniform, Sunhata,
Training Course Part II-All. Far East, was a widower and had Belt with Brace, and Truncheons, recruits of the Chinese Company' been in the Far East for 11 years. 25 members of the Indian Com-
He was a survivor of the terri-pany to parade at Central Policey Headquarter to-morrow at will attend at the Chinese Com- Pany [ble" earthquake in Japan in 1928. Siation at 08.45 hours to draw arms.
Entertainments, 77% ngjalle was connected with the four-Dress-White : Uniform," Bánhátu;[47-80 hours for instruction
dations of several big buildings in Belt with Brace, and Truncheons, EMERGENCY, UNIT, RESERVE. B.C. Enterprisen, $11⁄2 n.
the Far East, Including the Sas- 12 members of the Flying Squad Motor Patrol motor patrol United Theatres, Sh, $2 n.
soon House, Shanghai and the Na-to parade at Central Police Station will be carried but by members of Macao "Greyhounds,”; #2 n.
tional City Bank building Hong at. 08.45 hours to draw arms. Dress the Emergency Unit Reserve on Constructions (old), $165 h.
Kong, Bh
White Uniform, Spahale, Bell Friday.ydung?1. Handbers will fall Constructions (new), 70 cta, ba Ch. Govt. 5% 1925 G Bonds He is survived by married with Brage, and Truncheons. in at No. 2 Police "Station" at:5.50 -
daughter and a non, both of whom | 10 mambers of the Emergency.m. sharp, Dress “optional;"
• Unit Resorvos to parade at Cántral Govt Loans, $84% are in the United States,
CARACONCHAMPKIN prem:b.
The funeral takes place Chia Pollen Station at 08,45 hours, Dreka
Acting D.81(R) Wallace Harpers, 49-1,--- afternoon, - passing the Monument,Khaki Helmet, is Khaki "Punic; Gold River, 20 cla. b.
Happy Valley, at 5 p.m.
Khaki Shorta, Puttom, Belf with Hong Kong, May 28," "1984"
HK