1934-02-27 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Spikeriaal Cups BM6,900,000

· That and Poly Pull-up was 80,000,000 Bourne Free 1-

Marling.... 1,300,000

- 132,000,0

Herve Linbility if Pesplatoon — $91,000,000

HEAD OFFICE: NOMS KONG,

BOARD OF DIRECTORS 1—–—

Do Ms. $25.1. Mnokai

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. ^

Incorporated by Royal Charter, -1852.

HEAD' OFFICE: LONDON,

Paid-up Capital

Reserve Fund

Reserve Liability of Pro-

prietors ...

#3,000,000 .63,000,000

200,000

Agensins und Branches:

ALOR STAR

RUCKING

J. P. Warren, Eng.

Mon. Mr. J. J. Paterson

T. 3. Pakres Ko 7. M.

1. . Onylés, Bio

AKRITOLE

RAXOXOX HATATZA BOMBAY

Deputy Chalema.

V. 15. Boll, Bog

A, H. Compton, Esq.

.. Morrisons, Eng.

ABUT

BAROKON

BATAVIA

BOMRAY

SALOUTTA

ΠΑΙΤΟΥ

CHIPO COLOMBO DAIREN FOODBOW

Ohh

S

Manager.

LONDON

LIONE

LILEI

Shan, Baq.

CALCUTTA

CANTON

MAXILA

MUAM (Johore)

MUIDES

NEW TOLK

PEIFING

TENANG

KAIPHONG

BATION

ZANBORG

SAN VILA HOIDOO

HANKOW

SHARORAT

HING AFORD

MONGLEY

SOUBLESTA

Mono

POW

108011

KUBE

ZOWLOOK

TEALA LUMPER

SUNGHI PATANI

TORTO

TRINGTAO ТОГОНАЖА

Carrees Ancoats onkund in Lara! Currule? and Pized Depending countved for us your a sherier periode, le Loud Curranay mi moring vo karma which will be guried on applestión. Hong Kong, 26th February, 1934.

HONG KONG SAVINGS BANK.

·Who Molate of the ubers Bank le voudrated By the MOXO KONG AND SHANGHAI MANI THE CORPORATION. Zeins may be obtaiąd

NON TEN HONOZORG AND HANGRAJ SAMLING CORPORATION.

*. K. GATRUEN,

Hong Kong, 26th February, 1934

SAFETY FIRST !

To Safeguard Your Valuablas and Jewelerins.

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 Spacially Com etrooted to provide all of these Im portant Qualities.

You may obtain a Bafs Deport Box in this most up-to-date Vault for your own use at a very moder ste Rental.

Inspection Cordially Invited.

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Rood, Central

СЕПЯРОМИ CKRO

COLOMBO DILNE

RALPHOPS

HAMBURG MANKOW

FLOILO

JPON

MADHAN

MAKT

MIDAR ХЕМ ТОЛЕ

PEIPING (Ting

PENANO REXG00X BAIGON

ERKARA NO

ETNGAPORE

FXLKMBANI

SHANGHAI

BARSIN

MITTAWAK

RONG LON

BOURABATA

ТАТУТНО

TIENTREN

KARACHI

TONOWAK (Pembut)

FLANG

KIDD

YOKOHAMA

KUALA LUMPUR

BANDOA NA

Foreign Exchange

and

Banking business transacted.

THE CHINA MAIL.

Commerce and

Finance

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday. Dow Jones Average.

Last To-day's Changes, Aver. Avar.

30 Industrials 104.77 103.12 1.65 down 20 Rails 49.08 17.90 1.18 down .. 27.57 26.47 1.10 down 20 Utilities 40 Bonds 91.89 91.45 44 down Commodity

COTTON, SILVER AND WHEAT

Latest Quotations.

New York, Feb. 27. Messrs. Asia Landa Ltd. have re- calved the following quotations on the New York cotton and wheat, rubber; silk and silver "exchanges

the Commodity Exchanges Inc.. New York:-

Closing Commodity Price Index .... 53.90 53.13 .77 down Messrs. E. A. Pierce, & Co. Re February 26. port:The decline

was compara-

tively orderly and nothing develop".

SILVER.

TUESDAY,

Russo-Jap War Seen in Spring

OB

General Hayashi

| Commissar Voroshilov

Silver: Commodity Exchange Inc.

ed to-day to indicate the comple of New York: tion of selling or the establishment

of definite resistance.

Wheat: Mar

Feb. 24 Range Feb. 26 Range ...46.42 46.48 45,85 45.90

To-day's July ...47.30 47.37

General Prices declined with the weakness May...46.94 47.00

of securites. Cotton;

W. H. E. THOMAS,

Acting Manager.

Hong Kong, 20th February, 1934.

to

RUBBER.

46.47 46.46 46.80 46.90

Current Accounts opened and Fix-prices caused discouraged holders Total sales for the day:— ed Deposits received for one year or liquidate. Technically, the 318 contracts of — 387 contracts of shorter periods at rabes which will be

market is healthier but it requires 25,000 ozs. ench — 25,000 oza, esch quoted on application.

Market:-Steady. constructive developments to re- vive confidence in cotton. The lack of any definite developmenta Rubber: Commodity Exchange in the Bankhead Measure is also Inc. of New York:

Feb. 24 Range Feb. 26 Range THE BANK OF CANTON, LTD.elackening demand for cotton goods

10.26 10.28 and is having a discouraging efMar. ...10.46 10.50 fect

recent

10.56 10.66 buyers. Silver: May.10.78 10.78 Market barely steady, with prices July ...11.06 11.10 10.87 10.87 under gradual pressure reflecting Standard No. 1 "B" Contract.

cattered liquidation for March Total sales for the day- along with commission-house and local selling in sympathy with the easier rales ruling in London and Shanghai.

Established 1912

Bead Offices-Hong Kong.

-Katbortinë Capital (M.X. Correacy) ...031,000,0 Pull-Up Capti Legers Tisë me 1,380, AMARCHES

Dantew, Banglook Wanghal

Cate

and Ben Francisco, LONDON BANKEEJ ---- The Lloyd's Bach, Limited. OORSEXPONDENTU

In all pelacipai cišias of the World.

Foreign Exchange and banking business at pray Lascelusion Trametal.

Sala Depot Bora (vazione adwae) aɔ a yearly

trom Ste $45.

LOOK POONG shan,

ол

219 contracts - 505 contracts

SILK.

Silk: Commodity Exchange lac, of New York:

Feb. 24 Range Feb. 26 Range Business Done: -2,190,000 shares.

Last To-day's Mar ... 1.43 1.43 1.39 1.39

SUGAR. Sugar: New York Sugar & Coffce| Exchange:

Air Reduction

THE BANK OF EAST ASIA, LTD. American Tel. & Tel.

Authorised Capital Paid-up Capital ..... Reserve and Undivided

Profita

$10,000,000.00 Anaconda Copper Mining 13%

Bendix Aviation

$ 2,812,000.00 Borden Co.

HEAD OFFICB:-HONG KONG 12, Des Voeux Road Centrai.

BOARD OF DIRECTORS:- Sir Shonson Chow, Chairman.

Li Koon Chan, Esq.

P. K. Kwok, Esq.

Wong Yun Tong, Esq.

Chan Ching Shek, Esq.

LA Lan Sang, Esq.

Wong Chu Son, Esq.

Kan Ying Po, Esq.

Kan Tong Po, Esq, Chief Manager

The Fong, Esq., Manager.

BRANCHES AND AGENCIES.—

Manila Melbourne Nagasaki

Oraka

Canadian Parific

J. I. Case

General Foods..

General Motors

Gene Safety

Gillette

Gold Dust

Shangkal Loew's Inc. Singapore Sourabaya Swatow

Ward National Bisquit National City Bank National Dairy Prod. Elevator

Packard MotorE

Tientsin

164

73% Mar.

MANCH

VLADIVOSTOK

700 MILES

PAN

SEA

PACIFIC

Henry Pu-Xi

Short jump for bombers That war with Japan is regarded as inevitable this coming Spring indicated by reports reaching London that the Soviet Government is concentrating large supplies of food, munitions and aircraft at Vladi vestak, the Russian seaport that is only 700 miles from Tokyo. Commi Far of War Clemence Voroshilov is reported to have been utilizing the Trans-Siberian Railroad for many months for the transportation of men and munitions to the port that it is believed would be the first objective of a Japanese attack Observers say the torch that may fire the magazine may be the coronation of Henry Pu-Y! as emperor of the Jap controlled state of Manchukuo on March 1. In announcing he would follow the policies of his predecessor, General Sadao Araki, the new Japaness Minister of War, General Senjuro Hayashi is believed to have dispelled the hopes of peace that were born with Araki's resignation.

LOCAL DOLLAR DECLINES.

Silver Prices Down.

FEBRUARY 27, “1934. ...

LOCAL NEWS BREVITIES

The monthly Servicemen's dance The local dollar declined this will be held in the West Lounge, morning, and opened on demand at European Y.M.C.A., Kowloon,

Monday next at 9 p.m.

Feb. 24 Range. Feb. 26 Range 1/8. ...12.02 12.02

11.81 11.81

Total sales for the day:----

AMERICAN GOLD PRICE:

Silver prices declined 3/16 yester- day, to close at 20% and 20-7/16,

for spot and forward, respectively.

New York on London cross rates closed yesterday at £-G$5.08% and £-G$6.08%, respectively. Both rates on Thursday, March 1. closed at £-G36.07% on Saturday,

NEW ADVERTISEMENTS.

HUNT BALL.

EMBERS of the Fanling Hunt,

Mwe have not yet applied for

their tickets for the HUNT BALL, are requested to do so as soon as possible.

Application for tickets should be made at the Secretaries' Office, York |Building, Chater Road,

THOMSON & CO., Chartered Accountants,

Secretaries

Hong Kong, 27th Feb, 1984.

ST. STEPHEN'S COLLEGE. STANLEY.

Founders' Day, 3rd. March.

3.00 p.m. Presentation of Certi- ficates and Prizes by Sir Henry-

Pollock, Kt, K.C.

4.00 p.m. Tea.

~4.30

:

p.m. College Association

Annual Meeting.

All Old Boys are cordially in- vited to attend.

PUBLIC AUCTION.

HE Undersigned have received

Tinstructions to sell by Publis

Auction

ON

Wednesday, the 28th, Feb. 1934,

at 12 o'clock noon

at their Salen Room,

4, Duddell Street,

20 Cases of Grape Fruits Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers. Hong Kong, 27th February, 1934.

U.S.S. TULSA DUE TO-MORROW.

Prolonged Stay.

The U. S. S. Tulsa will arrive in

The Sincere Co., Ltd., announce Hong Kong from Swatow to-mor The London on New York and that on February 28 all their row, and is expected to remain un- stores will be closed for stock-til March 10. The Tulsa, Com- taking. Business will be resumed mander FIG. Reinick, U.S. Navy, the Commanding, is assigned to

Patrol South China

OD basing Hong Kong. Messrs. R. J. D. Grieve and A. B.

The Tulsa left Hong Kong on Stewart, of Jardine, Matheson and January 3 for Foochow, participat- Company are returning from leave ing in the landing of Consular 0. liner Ranchi Guards that took place at the time on the P. and which left London on February 9.

the Nationalists Forces took ever Foochow.

China sport

The new South

The Tulsa is a seagoing gunboot pavilion will be officially opened at with a complement of 147 blue- Caroline Hill on Saturday, March jackets and 30 marines.

Upon departure from Hong Kong has kindly consented to perform the Tulsa will visit South Chinn the ceremony.

and

ports en rout to Shanghai, after a brief visit in Shanghai she Sentence of three months' im- will proceed to North China (Hsin- prisonment was imposed on Wong ho and Chefoo) for the usual sum- Hing, unemployed, for larceny of mer exercises.

Price Price

09

|

Allied Chemicni & Dye

18434

152

Chief Manager.

American Can

102

102%

Feb. 24. Feb. 26.

American Radiator

15%

14

March

1.69

1.56

American Smelting

454

444

May

1.62

1.60

1214

127

American Tobacco "B"

75%

73%

American Waterworks

234

214

July.. Market:-Engy.

1.65

1.64

5,599.600.00 Aubura

14%

52

53%

20

2014

2314

23

Cotton: change:

COTTON. New York Cotton Ex-

16

754

Caterpillar Co...

28

Chase National Bank

291

2814 May

Chrysler Motors

55/4 July

.12.17 12.18 .12.30 12.31

11.91 11.02

12.05 12.06

Consolidated Gas of N.Y.

40

39 Oct. ....12.44 12.46

Du Pont de

Curtins Wright

$4

Kemour!

99%

98%

atman Kodak

88%

8814

Electric Auto

Auto-file Co.

27%

2714

Electric Bond & Share

17%

17%

10

1034

Electric Electric General

Electric Power & Light

Dec. .12.64 12.54 Jun. .12.68 12.68 Middling

Spot..12.40

12.20 12.21 12.32 12.32 12.35 12.36

12.10

74

6%

21%

34%

2014 334

3815 87

11

10%

101%

May

WHEAT. Wheat: Chicago Board of Trade:|

Feb. 24. Feb. 26.

873% 86

19%

Internut. Harvester

40%

40%

July

85% 842

LONDON EXCHANGES.

Amoy

Seattle

Batavia

Semarang

Internat. Tel. & Tei. Liggett & Myers "B"

14%

14

September

8604 853%

•

86

Bombay

30%

30%

Paris

Calcutta

New York

311⁄4

304

10,000,000

10,000,000

Canton

20%

30%

bushels

bushels

New York

London, Yesterday.

77 11/32 5.08%

HEAD OFFICE: Taipeh, Forms.obe

THE BANK OF TAIWAN, LTD. Hankow

(TAIWAN GINKO.)

Haiphong

Paria

20%+ 29+

Montreal

5.10%

Peiping

Honolula

Penang

Syndey Talhoku

15

14%

16%

164

(WASHINGTON).

Brussels

21.82

Rangoon

Pacific Gas & Electric

Feb. 24 Feb. 26

Milan

59%

17 at 3.30 p.m. H. E. the Governor

.. 20

18

Kowloon

Saigon

London

San P'cisco

Tokyo Vancouver

5%

54

U.S.

Treasury Gold

Berlin

12.85

Pennsylvania Ris.

85%

63%

Yokohama

Radio

Corpn.

7%

Brara Ro

Sears Roebuck

4834

46%

Price, per oz...... 35.00 35.00

NEW YORK METALS.

Amsterdam

Geneva

7.57/2 15.76

16%

10%

Feb, 28 Feb. 26

21%

21/

Copper, March, per lb. 6.85

4,80

1244

11%

Tin, March, per Ib.... 51.60 51.25

Stockholm Copenhagen Oslo

19.39%

22.40 19.90

46

Vienna

284

2674

20

Prague

12234

44%

Helsingfors

ill be quoted on application

Safe Deposit Boxes To Let

KAN TONG PO, United Corpn.

56 Chief Manggar. United States Blee! Hong Kong, 24th November, 1981.

Westinghouse E. & M., (0%

BID.-4.

Union Pacific

126

128

Madrid

225/2 37 9/16

United Air & Transport 25%

27%

Lisbon

109

6

복수

TO-DAY'S QUOTATIONS.

Athens

530 sellera

54%%

38

Bucharest

510

On London

Belgrade

225

T. T. On demand

1/6

1/6 Four monits' sight 1/6% Credits 4 months'

sight

Rio

4%

Buenos Aires

Montevideo

1/6%

Bombay.

28

Credit 60 days'

sight

Shanghai Hong Kong Yokohama

nom.

Silver Spot

1/2 7/32 20%

Forward

20 7/16

On demand

580

War Loan

...... 102

Credits 4 months'

sight

620

T. T...

99%

On demand

99%

On demand

110:

126%

75%

64

56%

58

123%

Incorporated by Special Imparia)

Charter. 1899.

Central Bank la Formant

Kont-Kosas, besand Arsenas umouni „Tan

Every description of Banking and Secony-Cacuum Corpn. Exchange business transacted. Loans Standard Brands

ranted on approved securities,

Standard

Gas

On and after Angust 15th, 1993, the rate of Interert on Apecial Current Deposit will be at 2% pa on daily balance and the rate for balance over $10,000 will be quoted on application. I and Foreign Currencies on terms which Union Carbide & Carbon 454 (Maximum rate-1%).

Carrent Accounts opened in Local Standard Oil Co. of NJ. 474

Corp Currency and Fixed Deposits received Texas for one year or shorter periods in Local Trans-America

คน

LONDON BAYEERE -

Mercings Mask, kokku Láøyde back. 148 Wikland Bank, Lid, Woonminster Bank, Les

The Bank has Correspondania is, all the prismpai | Jemorial Costrar troughout the world. L. MADERA.

BONO KONG BRAKONI

De Pau Road Cenirs

Bong Kaag. Dassenben 96, -118L

LIMITED.

THE YOKOHAMA SPECIE BANK,

Established 189.

Capital (fully pak'-up) Yen100,000,000 || Eeserve Fund ....... Yen.121,250,000

Band Offer:-YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia

Bombay

Calcutta

Gastos

Nagasak Nagora New York

Parla

Priping

Dairen (Dalny) Rangsen Teagtien (Madan) Rio de Janeiro

Hamburg

Henkow

Harris

Honolulu

Hainking Karachi

Kebe Lendon

Los Angeles

Venfla Moj

San Francisso Seattle Bemang Shanghai

Singapore

Somabaya Bramy Tienirin Toky

Taingian

Ying sow

THB

AMERICAN EXPRESS COMPANY,

INC.

Head Offer:-65, Broadway, New Tack.

.U.8.86,000,000.00 .U.B.$1,807,089.17 .U.B.$1,718,979.67

Capital Surplus BASTOR

*BRANCHES:--

Denne

Glasgow

ADAR

Mezizoly

Maidalberg Priping

Branches of American Expense Com, pany in Principal cities of: United States of Amarion and Canada.

INVESTMENT NEWS RECEIVED BY MAIL

Montgomery Ward Management

EXCHANGES.

| Attackéd-A further statement On New York-

- On' demand issued by Joseph Zook, president of the Montgomery Ward Stockholders Association formed last August, al- leges that for the 10 months to the On Parla-.. end of last November, only 12 of the

31 merchandise departments in thei

1

On India--

mail-order department showed proft. He alluded to these results jagain, he said, to demonstrate that the policy of operating "country

On Shanghai--- stores in direct competition with the company's mail-order business is a On Japanz mistaken one." In the nine months ended October 31, an operating loss of $745,420 'in the mail-order de partment compared with a loss of $1,656,681 in the 1982 period.

| On demand On Manila-

On demand On Singapore-----

On demand

On Batavia-

In again declaring that the gain

On demand in total sales volume in October and November was practically due to On Balgon mail-order gains arising from al- On demand All ainesos of Cyceosarelal Banking leged under-pricing in the fall and On Bangkok... Transactions undertaken.

winter catalogue, Mr. Zook stated,

On demand

Porrenal izvestment acounts that retail-store sales gained only Bovereigns' bank buy- handled.

about 2 per cent.From "Barron's, ing rate, N

The Company offers te futan Traveleru - the use of its

Ozrent As.] Chooseries, and: Letters of Credit:

In addition, the world-wide servi

Deposits' received for Azad st; raise ta, be obtained an

uriods of the thoroughly equipped Trayal Da

RELIABLE PRINTING

no order 100 small

nom.

Bar Bilver per oz... 20 Bar Silver in Hong

Kong Copper Cash Jawanym, nom. Copper Cents 195 1% prem. Rate of Native Interest, 3% %% ph Chiness Sub, Coin ... 315% dis. Hong Kong Bub. Coln pariat

86% 8.0. 38 5.0.

1/6 8/32

10%

1/6%

a radiator cap from car No. 1105, properly of Leung Cha Sang, by

Mr. S. Balfour at the Central Ma-: Igistracy this morning.

+

Pleading guilty to a charge of larceny of two pieces of pipe, the property of the Hong Kong Tele- phone Company, Yuen Chun, un- employed, was sentenced to two months' imprisonment by Mr.- S. Balfour at the Central Magistracy this morning.

BERI - BERI VICTIM.

Prisoner Dies From Natural Causes.

A verdict of death from natural causea was returned by the jury at the inquest held at the Central former Police Court yesterday into the death of Chang Husen-teng, a pri- with #teamer,

soner at the Victoria Gaol, who

The ... Engadine, a cross-channel

remarkable war

จ

service record,

arrived in part on Friday en route died on Bunday afternoon." -British Wireless Service. for Manila, She has been sold to

Personal Pars.

Mr. S. Balfour acted as coroner

the "Compania Martima of Manila and the jury comprised Messrs. D. for service between Manila and Ho Harvey (foreman), W. A. Schreuder, Ho, and her British crew were paid and J. P. Sherry. off yesterday.

Mrs. N. L. Smith, wife of the

A grand concert is to be given in Director of Education, is returning the Sailors' and Soldiers', Homa të to the Colony on board the P. and morrow at 8.30 p.m. Mr. J. C.. M O., s... Ranchi which left London Grenham has secured the services of jon. February 9.

the following well-known artistes;

| Miss Elsa Alves, Miss Audry Steele, Mr. W. G. Humphries, of the Misa Evelin O'Hagan, Mr.J, DJA Imports and Exporis Department, Fergusson, Mr, W. Simpson, Mr. accompanied by Mrs. Humphries, ¡Gus D'Aquino, Mr. G. W. True, and left London on the P, and O. liner Ms. J. C. M. Grenham, a Ranchi on February 9, bound for Hong Kong,

According to the evidence the prisoner, who was serving a penal .... servitude of ten years, died from beri-beri.

WHIST DRIVE AT Y.M.C.A.

Servicemen At The Card Tables.

Pau Pan, street coolie, who The following were the results of appeared before Mr. Balfour at the the very successful" Bervicemen's Lady Malcolm Douglas-Hamilton, Central Police Court yesterday on Whist Drive at the European who is en route to Hong Kong to the charge of assaulting another Y.M.C.A.,Finst night/the foin her husband, Lord, Douglas- coolfe, who discharged the con Men: First priza to Mr. A. B. Hamilton, who recently took up plaisant fail to appear in Court It Hamblyn, Second prize to Mr. W appointment, with the Far East was stated that the complainant, Case, and Booby prize - to Mr. Aviation Training School, joined who was discharged from the Gov- Twaites

Ladies:-First Príza i to Mre the Pand O. liner Ranchf which ernment Civil Hospital after treat- {left:

the

on February 9, for ment for a life wound, could not Lewis, Becond prize to Mrs. Penton,

be found by the police.

and Booby prize to Mrs. Hopkins.