1923-02-06 — Page 11

TUESDAY

FEBRUARY

EARLIER TELEGRAMS,

TURKS POOR PSYCHOLOGISTS.

(British Official Wireless Press, by Courtesy of Daily Bulletin.)

LEAFIELD, February 4."- Lord Curzon will arrive at Lon- don on Monday morning, having completed his final arrangements for leaving Lausanne on Sunday, By that day Ismet Paebs is to have made his decision to sign or not to sign the Peace Treaty:

In any case, Lord Curzon will depart as arranged.

It is felt here that Turkey's future and hope of attaining a resettlement of the long-disturbed Near East will depend on Ismet Pasha's deci

let,

Bridence of the British Govern- Rearnest desire for peace with Turkey is afforded by the Peace. The concessions Treaty itself.

which it incorporates represent the extreme limit to which Lord Cur-)

993

FARLIER TELEGRAMS

ALLIED ULTIMATUM TO

LITHUANIAN

LEAFIELD, Tobruary 5. The newspapers report that the Allies, through the Ambassadork Conference in Paris, have addressdi a woven clays' ultimatum to the Lithuanian Government. The ulti matum expires on Friday. It de mands the withdrawal from the. Memel region of all armed forces,¦

Failing complianco with the terms of the ultimatum, the Allies stale they will recall their troops, and. hand the matter over to the League of Nations.

-It is indicated in a Note that the

LATER.

Allied Governments in notifying the League of the attitude of the Lithuanian Government will point mit that it may result in the Allied Governments having to break off diplomatic relations with Lithuania. ~(British Official Wireless Prca8:)

Læri, February" Blk. - The Turkish reply to the Allied pre- zon by willing to go, and which pub-posals as set forth in the peace treaty lic opinion here is prepared to constituted a lengthy subject, which was considered by the Allied delegations' at 'sanction.

During the negotiations at Lau Lausanno this afternoon. sanne, the Turks have on several raskans shown themselves poor psychologists, "but never was this urre patent than in their recent extraordinary suggestion that the bodies of British overseas troops in lie ermutaries of Gallipoli should be dug ap and removed, and in their refusal to respect their promise to remove to the Prophet's tomb in Aleding the jewels transferred to Constantinople by the Turkish soldi ers in 1917. The effect of the first suggestion upon the British Domin- jons has been very great, whilst mil- lius of Moslems in the British Empire have regarded the refusni 4o return the Mediņa treasures with mistrust and astonishment.

The Turkish Delegates met the Allies at the points raised by the former were again discussed,

Turkish recalcitrance of this kind tends to revive in British minds the memory of the Turkish behaviour

These eleyenth-hour negotiations proved unsuccessful, and are reported to have been terminated by the withdrawal of the Turkish Delegates from the Council. Chamber after refusal to append their signatures to the Treaty.

Although the time fixed for concluding the Conference had expired, the Allies decided to give the Turks an opportunity of reconsidering, dieir decision, which in fraught with such gravity to the Turkish people.

This offer is reported to have been un- availing-Daily Bulleti

BRITAIN'S DEBT TO US.

BANKS.

ASIA BANKING CORPORATION

HEAD OFFICE NEW YORK

Operating under Bupervision of the Banking Department of the State of New-York and the Federal Reserve Bank, ..

General Banking Cogent and Savings Accourts and Fix Deposits opeloldin' Local Currency, U. B. Dollar And Pounds Sterlin upon application:

Commercial and Travelers Letters of Credit is Barbers Asocialion, and Gukishty Trust Co. of New York Travelers Checks for Sale and encsahmeni.

BANKS.

BANKS

JONGKONG. SHANGHAI THE BANK OF EAST ASIA TUB CHARTERED BANK -- OF

HO

BANKINGÁ CORPORATION

Head On Hongkong

LIMITED

INDIA, AUSTRALIA &'ORINA..

INCORPORATED "ST-ROYAL CHANTER

• KRAD OPTION, LONDON EVANG

FAID-UN CAPITAN (20 min $20,000,000

No. 10 DeVon Hond Central, £4,500,000

Established 1919. BILYRE BERRYESS 825,800,000 | Arromano MARMAR

Fanpur Cazzagokat. 41,000,000.ka“ „Farmor Carre:"" $20,000,000 | Ederes Fund Suomennie

$300,000.00 Ya Zurd

PROPRIETO

American

Shanghai Peking Canton" Bingapor

BRANOKKI: Tintain Manilal

Dodwell, How.K.P.H.Horosk

Bankow

Hongkong Ban Francisco Tokob D. M. BIGGAR,

Hon. Mr. A. G. STEPAIMC).

Manager

NOTICE:

PEAK

EXCHANGE

Hongkong, February 6, 1993.

On Londo*****

Bank, Wire

On Hemand Seal/1-12

*

10 days' nighk sang mg

Credia Mmonth

4 months right, die

Documentary & months

On Paper

On demand, 10g 2, Credia

gay: Whangĥal— G. E. STITT, feq.

Wannenres, & Pann's - Hawk, 140. LOVERENT ACCOURVNE ŽvakJ SLOCAL BERLEROY » MISUSEKEEPER OSTEN WAYE COMPANY, motina, for and put on adorban pendole in Lost Ourrency and Sterling on deras välah wil be quoted on appliesšlone. Hongkong, January: #, 1923 ›

PATABLE

DAYS.

7.30. 6,00 2.3. every 15 minutes. *8:00 am to 10000 sm. W

810

10:00 am to 115,00 1.2.

Sam to 12:20.p

H

18.30 p.m. to 250-PL

0

19

4 months' sight, mu·800.

On New York-

On demand,

On Bombay

ana

Credlls, 60 days, sight

Wire On

and

On Calcuttan t

Wiro,

On demand

On Singapore

2.30 p.m. to 14,80 Pam (2015 10m 4.00 pm, 40 219

NIFT CAES

8.30 p.m., 9.00am, 1.20 yao,

11.45

9.30 p.m. So 100 pre very 30 minutes. p.nz: to 1145 every 15 minuten

SATURDAYS.

Extra-s13 hidalgha

SUNDAYE.

7.00 7.10 azn,

7,30m-to-0.50 am every 15 minutes. 9.50a.m. to 11.50 ..

#

103

On C6104 1

95

On Manila

10

On demanda en 1 sat.

104

11.18 a.m. to 12.00 peot-16,

On Shanghal-

13,00 noon to 1.00.pamilj. 10

On demand.

1.00 pan, to 4.00 pm:

29

15

+

30 ild/s tight (private papec)

400 p.m. to 8.10 p.m.

On Yokabarpa-** On den tid, e

Gold Leal, 100 Ane (per thol) 48.60 Sovereigns (Bank's buylagʻruto)

#30 Silver (por obat hart

BUBSIDIARY COINS. Hongkong 50 cents sub, sie

39

10

5

Canton pins

[British Official Wireless Press.}

LEAFIELD February 5th. Mr. Stanley Baldwin, Chancellor of the at the beginning of the war, 40 Exchequer, referred in the refunding. which M. Bompard forcibly refer-egotiations in a perch at Birmington red at Lausanne a few days ago, last night. when he described the atle ment as the greatest financial transaction and also of the past Turkish behavi- the world, has ever known. He said that our icwards Christian minorities. when the solvency of nations is under Bar Bilve Ini Hongkong This may in art explain the ten-question a great fact which makes for the Chinone Copper Chab dency shown in the British Press to stability of the world is that one country. Chinese Copper Cents emplusise the fact that the conces- at least shall

Chinese Babi, Coin F contract to pay

Hoogkong Bah, Colo. of trust in Turkey's good faith enormons delt. We have honesty, war- sions in the Trealy place the degree We are a stand out and honestly say. Rate of Bellve Latarst

maku termal and faith. and Will which circumstances have hitherto

The normal effect, Mr. Baldwin done little to justify.

must be felt sooner or later by thoro

¡AUSTRIA'S RECONSTRUCTION.

LEAFIELD, February 4, Telegrams from Paris record the

AKG

это

this

12p.m.

A p.m.

韻

91.7.2 die. 717pm. 6% pmx.

pa

214 2 dia. 12pm.

IJ

NIGHT GARS.

8.50 p, 9.00 pm, 9:30 pm.20

9.30 p.m. to 1139 pm, evéry 30 minutos 11.40pm.

HONGKONG SAVINGS BANK.

THE business of the boon the le

conducted by the HONGKONG AND SHANGHAI. BANKING OOR- PORATION." Bules may be obtained on sppiloation:

INTEREST on deposita -la-allared on tbe minimum monthly, haladóéS OF BI PER CENT, par sodium.

BAKU, ČɔSTORATION, A. G. STEPHEN,

Chief Manget.

Hongkong, November 14, 1982.

DIRBUTOES

-Me. Fong

XAN GRAN NAIL Mr. Thanh T

My hot Ching: Mong Mr. Wong Yun Tang). Mr. Ng Chang Tak,

BRANCHES & AGENCIES :

SINGAPORE

KAMARANO GALGUTTA

YOKUHAK

KARIZO TN BATAVIA.

Landon Bankeri Londondifcht City, and midland gain, LIA) Sang dekat dan d

KYET. GRANDISin pt. Banking SLÁ PERTINEN busing an Erakundhed. Louis-grained on xD-

Interest owed ́on, Current Dapset Lewomart at the rate of Two par ostri par anasa es Baringa „Advent Fate per cento per annum,, and on sized | Depozita al the Iglowing'zaten dan, GuàJA SY

For mantheat the rate of x7 par SHEREE- Barmently at

·Houckung, March #13,1922 172

NEDERLANDSCHE HANDEL/ MAATSCHAPPIJ.:

(Wiconzivne Traders Somery))

THE KEY TO GEOW RICH: Talup Cap. 80,000,000 £8,688,665 1. 19,445,200 £1,620, 488 Bourens Fundaça Special Bosorvs. 22,650,000 £1,333

HEAD OFFICE --Aimswedain!!!

The Hagis, Rotterdam. HEAD AGEMUK >---Batavia. BRANCHES yun.

Shanghai W Singapore

THE CHINA INDUSTRIES DEVELOP TMENT BANKING CORPORATION LUSTED, of 5, Duddell Street, gives

to all its depositors a handsome rate

SPECIAL CARS by arrangeméti /60 s;(of Interest.

Company's Oce, Alexstides Buildings, Des

Voux Bond Castral year due -- or declinem

Besson and punch tickets available for all-AUTHORISED CAPITAL $1,000,000.00 b neay not sil ready, fall running at the time

stated in the Company's time tables, bus moi-INTEREST

for special cars, can becħtained an appleniton (DOTAL VE TUGA • 13 the Company's Office No. Season ticket For Fixed Deposit will be loned until payment' - therefor, has been made in Bank Noten oz By: Obredde iar “Compradore anleg representing. Bank Notes JOHN D. HUMPHREYR & SON,

Gmenit Mzakgers.

countries who have as yet made no at LOCAL SHARE MARKET.

tempt to face the problems of their debts. Whatever one may think of the political aspect of debt from the financial view, thers could be no cal point of opinions on

There was the wisdom of that course. nothing in the national accounts which cause a Chancellor of the Excho.

that ho te, in his of the League of Nations by the had to the debit of his accounts; in report of the Austrian reconstruc books a vast sum of money payable, and that no prevision we made for the re.. tion.

great impression which was made

*

at yesterday's sitting of the Council co

quer greater anxiety than to feel

56

„Namen.

:Mades

Padang

Djokjakarta Kobe

Rangoon

1 year 6 %

.9 months @51%

..8 months @8%

PROPRINTOLA

OF

FOREIGN EXCHANGE and Genera"?" Banking business benzinmetoda dig att

CUBRENT ACCOUNTS: opened and FIZED DEPOSITS received for 1 TORT ok aborter periodama rabes which will be quoted on application.

J. L. CROOKATT

Hongbong, February 21, 181

THE CHINA SPECIE BANK LIMITED

HEAD. OFFICES No. 6, Duddell Street, Fongkong.

Forsign exchange and general bank- ing business transacted,

Corrent, Savings and Fixed deposits bear interest at rates 3%; 4% and 5% per santiin respectively,

8. NO QUINN,..... Acting Chaż Manager. Hongkong, January 2, 185

BANQUE DE L'INDO CHINE FRADOPTION =

96, Boulevard Haussmann, Faria, ped 8UESCRIBED CAPITAL Fr. 72,000,000 ft PAID Ur. CAFITAL BELEKTS FUND

FIL BLOOD OF

F. 59,567,183.54

HOME BRANCHES

.:.

Bangkok Hongkong Saigon

Noumes

Peking

Battambang Mongter

Shanghai

Cinton

Singapore

Dibonti

Fapesta

Haiphong

Tavrane

.(Bolo)

Wdevreden

Halow

. Paom-Penh Yunnan of

Pondicherry

BANKERS

IN FRANCK: - Comptole Nations? d'Escompte de Paris; Cradit Lyonnaisy Banque de Paris et des Pays-Bas Credit Industriel

et Commercial? IN LONDON The Nation

Colodib Mednis. ons weg, Bang Balon Halbbon Hand, Amoy Talksband, Melbourne, a New, Yock, Bat Francisco, Bocité Générale ta

London Beat-The National Provincial & Union, Bank of England tilante and Union Bank of England, Limited.

whiti Wasional d'Hiompts de Paris

-3 months @4% Baal bays and tells and receives for

@2%

election Bills of Exchanges better of crodia en He Branchen and eotrapondant in the Ears, on ala Continent, Great Betala, Amorick mod Antialia, and tranomų banking arrangement) basis of every doenription perd

W.EL GROSKAMP, 04% AZ

Apart Hongkong, Jourry 3, 1942,

obtainable)

For Current Account... For Special Deposit..(personal

For Current Savings. For Fixed Savings-Regalations

HONGKONG, FEBRUARY 6th, 1925.-

CYFICIAL QUOTÀTIONS 11 AM

CHIU CHO KKH

Manager.

10, 1023

?

Stock Exchange.

Bhargbrokers Association

Capital (Pail-up) Resore Fanda

H.S.BU. T.T. seling rate

~2/2}- on London. *** and on Shanghai... 73) *Hongkong Banks ...... $920-E.

do New East Ada Bank Marine Insurances

As Earl Balfour and M. Viviani demption of principal or the termination -insisted, what has been relieved by of the debt. We know that every year Banka

the League of Nations, aided by there slowly eating into the principal

well as giving interest. Mr. Baldwin proceeded: If the United Austrians' resolute efforts at self- help, may be regarded na remark-States Congress nocepted the recommen

dations of the Funding Commission, we able.

Earl Balfour pointed out that shall be able to feel wo have carried out although such undoubtedly re-with a great creditor, with the minimum mained to be done, the task of of friction and least expenditure of time, the greatest financial transaction that internal reform undertaken by has ever taken place, in this world.— Austris had been very largely ac- Daly Bulletin. complished, and he faced the future with high courage und great ex- pretations. It remained now for an indispensable external loan to be raised, which should be relatively easy, seeing that 93 per cent, of the amount needed is already guar anteed by the nations represented -on the Council, and the remaining 7 per cent. is expected to be pro- vided immediately.

The Westminster Gazette, ina lending article, declares that the Iact of Austria having in four montis arrested the consistent de. preciation of four years is a valuable abject lesson of how a desperate situation can be swiftly retrieved when international co-operation is! applied. A loan issued under such auspices ought, to be a trigraphant Access, and this, too, is the lesson that will not be lost upon the world, whose chief difficulties are to be traced to a want of ready money,

The Westminster Gazette edils significantly-Such an operation ...may yet be necessary to solve a pro- blein which is more difficult even than that of Austria."

FOREIGN EXCHANGE : MARKET.

[British Official Wireless Press.)

LEAFIELD, February 5th. The following are the foreign ex change ratos:

Paria Now York Brussels

**

100.

THE INDUSTRIAL & COMMERCIAL

~BANK, LTD.—

THE

HE BANK OF TAIWAN, LED.,

(TAIWAN GINKO,) me Incorporated Epecial Imperial Charter, 1899.

HEAD OFFICE":

00,000 62,500,000

12,180,000

TAFEE-"FORMOJA”

BRANCHEJ

Head Office-York Building, Chater Rd, FAN-Toki Yokohama, Boho, Casa,

Hongkong

Branches-Shangbal & Hankow. Correspondents ià all commercial sentres of China and abroad.

20

PROMPT SERVICE.

Inquiries ára welcome

TIL MAI

Manager.

900

100 xd

Cantos Insurance "... North China Insurance Union Insurance" ko Yangisze Insuranos Far Easterna Fra Insurances

$495 b.

$138 b

$218 by

# 18 h.

China Fire Insurance Hongkong Fire Insurance

116 b.

$447) b..

Shippies

Dong asesina

Indo-Chinas (Pref} {/tone/10

do (Dol.)

#331b.

180. b.

& ca. 331

H.K. Beamboat

Shell Kansports Star Ferries.'' Reduprios N

China Bagar

,72,00

4.50 1/4 .B7:30

Geneva Amsterdam Berlin Stockholm Milan Copenhagen

24.80

1515.

.11.80

Malabon Sugar

**

180,000

.70.81

Kailan Mining Adm.

Langkits

25.10

95.18

.300,000

361

.1413

Christiana Christ Vienna Prague Helsingfors

Lisbon

Buenos Aires Rombay Shanghai Hongkong Yokohama ... Silver, Ready Silver, Forward Dasly Bulletin.

THE RUNK POSITION,

:

29.00 7

2.3/16

1/4-1/8

Shanghai Loans Cocab T

Bhai Explorations...)

Farbs

W

Tronoh Mines

Ural Caspiana

Bengurt Cod

Dock, Wharves, Godowns,

H. & K. Wharfs

3/01/4. Dock

S'hai Dook k 9/25/8 New Edgineering 2/07-31. ...30-9/18:

H.K. Enginneringe i

ཚ་ནུསསོ །ཙ

2.10 b.

153 b. $180 b. 183 R.

185)

B. 181

T 88'n

30-7/10ngkantiewe van (3200 1

The Daily Webs understands that (Reuler's Service to the China Mall.) Londan financial houses look very

favourably on the loan proposal.

DEBT FUNDING COMMISSION.

Dussaazaar, Rebruary th

Hotels & Buildings

Bitstes

Hongkong Hotels

Hongkong Lande

Kowloon Landu | Sitem. Zoo

Tank Roclamations

West Points

Cattan: MILLS

A French corporal at Bilk station Bwo Cotton Mil slipped on the steps sad his gun went dar

- Kung Kike

A little girl was killed and several others } } [sou Kung Mowe slightly injured: The corporal attempted Orientales Marke

his comrades pre Bhasha Gotte

to commit suicide but LEAFIELD; February 4. According to Press telegrams vented this The Military Authorities ingtuspood

pent

message of sympathy... from Washington, the American family, at the same time offering to defray Debt Funding Commision and Sir the expenses of the funeral se Auckland Geddes, the British Am-

Err, February tha bassador, have reached a mutual A French machine gun sendon red agreement regarding the details of over the heads of rival: Communist and which met in the funding the British Debt. The Nationales processions hope is expressed that: the recam station quare saying party antherm f

The German police had previously enden

mendations of the Commission will voured to disperse the demons be ready for submission to-morrow | bug the action, of the French

to President Harding, who will to do so without causing any transmit them to Congresa early

next week

The New York Times bays to

day larger rspect

transaction is plainly felt by

mass of the people both of Great Britain and Americs to lie in the firm establishment of good rela between the two countries. really bigb desire is the chief sig Scanoe of the settlement.

HEW ZEALA

China-Born

Ohins Forl Dalry

#328-, 330 fi

18), be)

81 by

b017: sa. 95.

FORMOSA-Gime, Kagt, Kaneko, Koeln

Makong, Sambo, Pism, Salochi Taichi Tainan, Takowy : Tamant,

Amox, Fooohaw, Swatow, Canton.

Attractive mates for all ads of Rharghat Bank Finklang, deposta

OTHERE Barker, Hongkong Singson,

FARES FOR PUBLI

VEHICLES.

Sowabaya, Banning, Faiavin, Bombay, London, Nay-York-

LONDON BANKEESAUNA Lowdoá Conzły Women die and Parr's Bank.

The Tank Courwapondaita la'the Comercial Centre in the European Üentinent, Fonds, Mancharle Talugina, Japan, Indo-China, Ram, India, Philippine Talanche Jars, and other Dutch, Indies, Australia, Amation, alon

Internet Moved on Current Ascenta,kid Stead

The area prescribed for public rehicles Deposite ad roles which will be quoted an application sru in follows:-*

In the land of Hong kons, fana Brad and Lower Levels, and in Rawloon, and New Kowloon,

Five minutes..

fen minutes% ( *** Quster hour, magas

Bait hour, semeny

Presy Babanquent hour,

seed

dia-

The the" jtarieksha : within the "City of Victoria","And sharged outside the Western part of the City of Ylaboris after 9 y 15 or be d charged to the East of EnView Počios Hations on the Easterix side of the Uity 12 Victorik after 9 pm, an exten", "half tart shall be okiségem blaze

2: Fór à br:5 drivers the Kize is double og Greble respectival

By arran

the

through the

· RONGKONG'ER.”

& KONDOH,

Mabagor,

Due You Bond Cini/il-

April 4, 1035,

THE BANK OF CHINA, 行鎮國中

(Bpecially authorised by Presidential

Mandate of the Repablic of China -** on the 2nd of November, 1917)?·

Anthorial Capital $60,000,000,00 Paid-up Capital

1878,600.CO Reserve Funds

0,629,625.71

HEAD OFFICE: PRKING

HONGKONG BELÁNUELLIN MOA & QUEEN'S ROAD CENTRAA

Branches and Bob-branches all over Ukina and Correspondante in Europe, Amaries, and other parts of lbw world.

YORK: J. P. Morgan & Co.,

French American Banking Corporation Guaranty Trust Co. of New YUTA

Interest allowed on Current Accounke. and Fixed Deposits socording to ar | raugenaemt.

Every description of tanking and exchange business transacted.

7. MARSOT

Acting

Henging, Nov. 1, 1000.

BANK OF CANTON LIMITED

HEAD OFFICE: HONGKONG,

FOREIGN EXCHANGE abo General Banking Basins transicted

CURRENT ACCOUNTS... #% per annum on the daily balances of arex 100.00% INTEREST ON" FIXED DEPOSITS

For 3 Months 9% per sanum For 6 Months 4% per annum. For 12 Months 5% per annum, On demand 2% per annu

LOOK POONG SHAN,

Chief Hanager. Hongkong, May 24, 1031,

THE OHINESR MERCHANTS

BANK LTD.

HEAD OFFICE ; Alexandra Buildings, Chater Bowd

General Banking and

dong transsetenk

and Kechange Busi

Loans granted on approved securities

Current Accounts opened and Fixed Déposta received at rate which may by scertained on applontiene p

The Bank also ocoducts's Bavings Department

Chief Manager.

THE YOKOHAMA SPECIR BANK LTD.

London Bettori si Thề: Naiked Provinciál Strand Union Bank of Barland, Kade The Guaranty Trust Company of New York: GAYTRAL. (Cully. New York:Biskut The Irring" Nasibial | Bouwen Fund

Bów York:

The Equitable Trust Company

-Interend allowed on Carren) Fixed Deposits: Tarnos ba desert

Special facilities for "Home