1934-03-07 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autherland Capital

Sword and Fully Paid-up.....................

20,000,000

Reserva Punda :-

Barking

£ 1,800,000

Bikvar

$10.000,800

Reserve Liability Proprietors #20,000,000

HEAD OFFICE: ROXOKONO,

BOARD OF DIRECTORS,

}}, (1,ast, Mackla

Chairman.

2. P. Warten, P, Deguty Chairman,

W, Ul. Bell, Kagg

A. IL. Compton,

1. Mimkin. Bagi

KJR. Morsnes, Em.

ANOT

BANGKOK

BATAVIA

BONBAY

*CALCUTTA

CANTON

CHEFOO

COLON DO

DATREN

POOCHOT HAPHONG

STAMTRIER

BANKOW BALTS

HOSGREW

IPOH

Sorter.

ROBE

KOWLOON

V. M. Graykora, Fag.

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Agencies and Branches:

Singapore Sitiawan

Sourabaya

THE CHINA MAIL.

Commerce and

Finance

COTTON, SILVER | NEW YORK STOCK

AND WHEAT

NEW YORK COMMODITY MARKETS

Paid-up Capital

Reserve Fund

· £5,000,000 .ES,000,000)

Reserve Liability of Pro-

prietors

.£3,000,000

Latest Quotations.

Alor Star

Amritsar

Illoilo Ipoh

Rangoon

Saigon

Iton. Mr J. J. Patern

Bangkok

Karachi

Semarang

T. E. Peter L»o.

Batavia

Klang

Seremban

1. Ji Khan, Kon

Bombay Calcutta

Kobe Kuala

Shanghai

Canton

Cawnpore

Čebu

Calambo Dellal

Madras

Taiping

Manila

Tientsin

Medan

Tongkak

Haiphong

New York

(Bhuker)

Hamburg

Peiping

Tsingtao

Hankow

(Peking) Yokohama

Harbin

Hong Kong

and Generat

Banking business transacted

FAIGON

Current Accounts opened and

Fix

KUSIA LUNTUD

ed Deposits received for one year or shorter periods at rates which will be quoted on application.

May

July

BRANCHISI-m

TORDON

LYONS MALACCA

HANILA

MUUA (Jokore)

AKDEN

KEW YORK

PRIPING

PENANG

ΠΑΝΩΝΟΝ

SAN FRANCISCO

SHANGRAT

SINGAPORE

HEM KABATA

FUNGEL TATANI

THESTSIN

TOKYO

TINOTAU YOKOHAMA

Owl Arranite opened in Ir Correar? and Bard Deponite romaized for one your shorter periode in Leral Company and Harling as tarina which will be quoted in application. Hong Kong. 26th February, 1934.

HONG KONG SAVINGS BANK.

The Benizens of the above Beak is sunku14.

ed the BOKG XONG AND SHANGHAI MANEINO CORPORATION.

obtained a spalicetine.

Kulno way

FOR THE BONGRONG AND HANDRAI RANZIKO CORPORATION,

V. M. GRAYREOK.

Chief Manager.

Hong Kong, 24th February, 1934.

SAFETY FIRST!

To Safeguard Your Valuablea and Jewelleries,

Deposit them in a Vaul

that is really:

FIRE PROOF BURGLAR - PROOF

DAMP - PROOF!

OUR SAFE DEPOSIT VAULT

Floor of

Penang Zamboanga

Foreign Exchange

W. H. E. THOMAS,

Acting Manager. Hong Kong. 20th February, 1984.

THE BANK OF CANTON, LTD.

Established 1912,

Head Office:Hong Kong.

Ausborrand Capčiai (8.1. Durrsary) ...$11,000,00

1.144.000 Fall-Up Capčić te

1.100,000 Besora Paudw

BRANCHLE

Comics ghal.

"Bankie. Kangbok

and Can Fraecipus. LONDON BAXENZI :-

The Lit Bank, Lámited CORESPONDENT-

In nil principal stum of the World.

Pig Exchange and beating banners of very scriptice inserted.

Sale Depot Borm (arious sivasi si a pouriș senia a rom in $48.

LOOK POONG SHAN.

Chief Manager

New York, Mar. 7. Messrs. Asia Lands Ltd. have re caived the following quotations on the New York cotton and wheat. rubber, silk and silver exchanges an the Commodity Exchanges Inc., New York:-

Closing March 6.

Commodity

Price on

SILVER. Silver: Commodity Exchange Inc. of New York:

EXCHANGE

A.O.F.C. Quotations.

New York Yesterday,

Dow Jones Averages.

Last To-day's Changes

·Åver. Åver.

30 Industrials .105.02, 103,84 1.18 down 48.89 18.69 20 "down 20 Rails 20 Utilities

26.72 26.5418 down 21.7891.8305 up 40 Bonds Commodity In-

dex

$4.25 53.80 - 45 down Messrs. E. A. Pierce & Co Re port:-Everyone seems to be stand- ing aside awaiting developments, Most of the news, to-day dealt with the labour unrest, especially in the motor centres. Wheat: News was colourless. Receipts were light. We need a new stimulant to create 46.85 46.90activity. Cotton: 47.25 47.35 47.80 47.80 47.55 47.69 Sept.

48.55 48.55 Dec. ..48.35 48,35 Total sales for the day-

180 contracts of -- 63 contracts of

25.000 ozs, cach 25,000 oz. each

Market:-Firm.

Mar. 6 Range Mar. 6 Range ...46.70 46.75 ..47.18 47.18

RUBBER.

Rubber: Commodity Exchange Inc. of New York:

Standard No. 1 "B" Contract. Total sales for the day-

152 contracts - 527 contracts

SILK.

Silk: Commodity Exchange Inc, of New York:

THE BANK OF EAST ASIA, LTD, Mar.

Authorized Capital Paid-up Capital Reserve and

Proßca

Mar, 5 Range Mar. 6 Range 1.3814 1.392 1.39 1.40

SUGAR.

Sugar: New York Sugar & Coffee Exchange:

Undivided

$10,000,000.00 $ 5,598,600.00

$ 2,312,000.00

March May July

Market:-Quiet.

HEAD OFFICE:-HONG KONG 12. Des Voeux Road Central.

BOARD OF DIRECTONS:-

Sir Shouson Chow, Chairman.

Li Keon Chun. Esq.

P. K. Kwok, Eng.

COTTON.

Cotton: New York Colton change:

Market dull.) & The Trade is awaiting the final dis-1 position of the Control Bill. Silver: Traders are generally awaiting a new incentive; with attention cused on Washington.

fo-

Named President

Carlos: Hevia, 55, who wME made Provisional President of Cuba after the resignation of Ramon Grau San Martin. graduate of the U. & Naval Academy, he was Secretary, of Agriculture in the Grau cab- inct.

MAINTENANCE OF

VALUES.

Fletcher-Rayburn Bill Almost Opposite.

SPECIAL TO CHINA MAIL Business Done: --810,000 shares. (By Telegraph, Coppright. Telegra- Last To-day's ¦ phic Mensages Ordinance, 1594; R** Price Price ceived March 7, 8,18 am)

$ T 984 884 Allied Chemical & Dye .152 151 ..1024 102 American Can American Radiator.... 15% 14%

Smelting

46% .... 40 American

120K American Tul & Tel

72% American Tobacen

Canadian Pacific

J. 1. Case

Caterpillar Co

ᏭᎢ

Chere National Bank Chrysler Motors Consolidated Gas of N.Y. 39 Curtiss Wright Du Pont de Nemour Eastman Kodak ... Electric Auto-lite Ca.

Bond & Share..

Bric Power & Light

Washington, To-day. The United States Assistant Secretary of Commerce, Mr. John Dickinson, yesterday told. the House of Representatives Com- Inter State Commerce mittee that the Fletcher Ray- diametrically burn Bill Was opposed to President Roose- velt's policy for maintaining values-United Press, per S.C. Gold Bar Co.

WEDNESDAY, MARCH 7

TWO BANK LOANS

DEFAULTED

U.S. Financial Circles Offer Advice,

· RAILROAD - COMPANY

·INVOLVED

·SPECIAL TO CHINA NAIL

(By Telegraph. Copyright.. Telegra phic Messages Ordinancs, 1801. Em ceived March 7, 10,01). aax“)

Washington, To-day.

NEW ADVERTISEMENTS.

PUBLIC AUCTIONS.

THE

HE Undersigned" bave received Instructions to sell by Publis

Auction

TON Friday, the 9th, March 1934 commencing at 2.30 pm.

at their Sales "Room,

4, Duddell Street.

A Quantity of

VALUABLE HOUSEHOLD

The Protective Bondholders Committee of the St. Louis and comprising

FURNITURESSAA

ag

Teak

Iron Mountain Railroad, has Chesterfield Couches and Azze filed securities for registration chairs, Tenk wardrobes with be with the Federal Trade Commis-velled, mirrors, Teak dining tables, sion, alleging that two bank dining chairs, Teak sideboards loans of approximately U.S.$40,- with bevelled "mirrors, 000,000, guaranteed by the Van cabinets, Chest of drawers, Dress- Sweringen interests, had defaulting tables, etc., etc.

Silver wäre, Cutlery, Wall clock, Financial circles call attention.Tea sets, Glass ware, Dinner ser- (however, to the fact that, the

technically, the loans are not device, Table Lamps: Gramaphones faulted, due to the fact that they and records, Tennis rackets, Pie- Įtures, Linen, Carpets and Rugs, are covered by a blanket agree- Ice Chest, Screen, Tollet set, Look-

jed:

ment which. Van Sweringen's, made with the bankers.

ing glass, Chamber stand, Teak

1 Piano, 1 Sextant, 1 Ship's Com-

The latter have officially de- bedsteads, etc., etc. nied the contemplated taking jover of the Van Sweringen roads. Pass, 1 Cash Registrar, Code Books, There is said to be no change in Complete set Harmsworth self

Education the status of the loans that notes covered interest payments-United.. Press per S. C. Gold Bar Co.

Statements Now Found inst

To Be Incorrect.

SPECIAL TO CHINA MAIL, (By_ Telegraph, Copyright Telegra. phic Mesanges Ordinance, 189%, "Re- crived March 7, 818 aan)

New York, To-day.

and A Large Quantity of Blackwood iWare

On View from Thursday, the 8th

Terms: Cash on Delivery.

LAMMERT BROS,

Auctioneers. Hong Kong, 7th March, 1934.

COMPANY MEETINGS

THE HONG KONG ELECTINC COMPANY, LIMITED.

Enactment Would Be faulted on the St. Louis and Iron NOTICE IS HEREBY GIVEN

Disastrous.

29% NATIONS' SECURITY MARKETS

Air Reduction

Mar. 5 Range Mar.

...10.53 10.64 May

10.78 10.81 July....11.07 11.09

Mar. 6 Range 10.71 10.71 10.93 10.95 11.22 11.22

121

"B" 75

Anconda Copper Mining 15%

American Waterworks 20%

20%

15%

Auburn

54%

Bendix Aviation

19%

1944

Borden Co

23

23

24

15%

10%

764

74%

30 30

554

2014

28/2

564

39%

424

4%

93 .100%

80

88%

Mar. 5. Mar. 6.

30

1814

17%

1.56 1.53

.1.61

1.56.

General Electric

21 244

21%

1.64

1.60

General Foods

3344

33%

General Motora

3914

37%

Gillette Safely

114

11%

Gold Dust

194

194

Ex-Internat Harvester

404

42%

Lan Sang, Esq.

Mar.

...12.10 12.10

Mar. Range Mar. 6 Range

12.01·12.01

Inc

Internat Tel & Tel. Liggett & Myers "B" Loew's

141⁄4

34%

87

85

31%%%

314

32%

314

Safe Deposit

Wong Chu, Son, Esq.

Vault

Kan Ying Po, Esq,

May

.12.21 12.23

41

30 4 20+

July

.12.33 12.33

12.25 12.25

15

Kan Tong Po, Esq, Chief Manager. Li Tas Fong, Esq. Manager.

Oct.

.12.46 12.46

17% 17

Dec.

19%

10%

5%

BRANCHES AND AGENCIES.—

35%

Amoy

Seattle

Middling

35

Batavia

Bombay Calcutta

Melbourne Napazak!

Honolulu

Canton Haiphong Hankow

Peiping Penang

Kobe Kowloon Lendon

Rungoon

Semarang Shanghai Singapore Sourabeys Swalow Syndey Talboko Tientalo

Spot 12.45

Radio Corps Sears

84

Burg Roebuck

48

484

17%

1714

Standard Brands Standard

21

Gas

13

Mar. 5 Mar. $.

Standard

and Oil Co of NJ.

404%

May July

8734 871⁄44

Texas Corp

2714

867% 80%

Trans-America

T

September

8714

Union Carbide & Carbon 45%

44%

Saigon

Tokyo

Union Pacific...

...126 126

San F'cisco

Vancouver Yokohama

United Air & Transport 24%

24

10,000,000 bushels

United Corpn. ...................... United States Steel

6%

C

651

54%

Westinghouse E & M

BID-t

4014

397

Mar. 6 Mar. G

Price, per o2. .....

.35.00 $5.00

located on the Mezzanine Our New buildiu ir Specially Con- structed to provide all of these Im- portant Qualities.

You may obtain a Bax in this most up-to-date for your own use at a very moder. ate Rental.

Inspection Cordially Invited.

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

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.), HEAD OFFICE:-Taipeh, Formona.

Incorporated by Special Imperial

Charter, 1895.

Central Bank in Ferman

Baby-Fotos jauti kewagi umevzi „..Tas

On and after August 15th, 1993, the

Wong Yun Tong, Esq.

Chan Ching Shek, Esq.

Manlle

New York Osaka Parts

Every description of Banking and Loans Exchange business transacted. granted on approved securities.

Current Accounts opened in Local

.12.55 12.56 Jan.....12.42 12.62

12.12 12.14 Numery Ward

Biscuit City Bank

12.35 12.37 Dairy Produce 15%

12.45 12.40

Elevator Pacific Gas & Electric Packard Motors

12.50 12.53 Ponylvania Rly

WHEAT. Whent: Chicago Board of Trade:

Socony-Vacuum Corpn

12.35.

877% Total sales for the day:-

10,000,000

Sushels

AMERICAN GOLD PRICE:

(WASHINGTON),

rate of Interest on Special Current Currency and Fixed Deposits received U.S. Treasury Gold Deposit will be at 2% pa. on daily for one year or shorter periods in balance and the rate for balance over Lacul and Foreign Currencies #10,000 will be quoted on application terms which will be quoted on appli- (Maximam rate-1%%%).

LONDON BANKERS + Boeslays Bank, Lök. Koris Bank, LAJ Midland Bank, Lid., Wardeisutor Bank. Tad,

The Beat bar Derrospondoula la, all the priqmpel Jammerde) Contre shrpaghent the wall. L MAGURA,

HONG KONG BALANCİT)

3. Des Van Best Central..

Hong Kong Donombor 94, 19601.

Leation

Safe Deposit Boxes To Let,

KAN TONG PO.

Chief Manager, Hong Kong, 24th November, 1938.

THE

on

AMERICAN EXPRESS COMPANY, INC.

Head Oficer--65, Broadway, New York,

THE YOKOHAMA SPECIE BANK Caplin)

LIMITED.

Established - (880

Capital (fully paid-up) Yen.100,000,000

.U.8.$8,000,000,00 Surplus

....U.S.$1,867,089.17 Reserves ....... U.8.51,718,979.67

• The you

Kavana Harburg

BRANCHES---

AmsterČas

thesce

Reserve Fund

.Yen.321,250,000

Antw Athens

Mxinco Cly Klaw Naples

Head Office:-YOKOHAMA

Beale

Kisw

Barlia

Bombay

'Branches and Agencies alt-

-Beamon

Bromela

Mbled Interlaken Forssalam London Liverpool

Pripfi

Routardess

Alexandria

Nagusak

Caire

Bonikampia

Balavia

Nagoya

Berlin

New York

Bombay

Calcutta

Usoka Paris

Canton

Daires (Dalny)

THE OVERSEAS NATIONAL BANK LTD.

EXCHANGES.

SPECIAL TO CHINA MAIL..

(By Trlegraph. Copyright. Triegm phic Messager Ordinance, 1994, Ree! ceived March 7, 11.15 car;)

Mr. Dickinson said that the enactment of the Fletcher-Ray. burn Bill in its present form would virtually wreck the na- tion's security markets.

Senator Robinson said that the Bill would not be permitted to pro- long the session, although he em- phasised that he did not want to convey the impression that the Bill should be shelved.

It is understood that the Admin- istration leaders feel no need for 1244 haste in enscting the measure. 40%

United Press per S. C. Gold Bar Co. 201

TO-DAY'S QUOTATIONS.

On London.

T. T.

1/6% On demand. 1/6% National Bank Building.

Four months' night 1/63⁄41⁄4 BA, Des Voeux Road, Central

Credits 4 months'

aight Authorized Capital ..... $5,000,000.00 | Fald-on Capital ve 1,000,000.00 Os New York-

New York, London and

On demand Paris Agents; BANKERS TRUST COMPANY. We offer facilities for the transse- tion

of general banking business. Foreign Exchange transacted. Stocks On Paris

Loans and bonds bought and sold. granted on approved securities.

LEE FANG, Gaderal Manager,

1/7

88%

Credita 60 đáyı

sight.

nom.

On demand

582

Credits 4 months'

sight

€22%

On India......

100%

100%

110

Fengtion (Mukden) Rio de Jenelco Hamburg

San Francisco

Hankow Peper Seattle

Calbetia

Lagano, Canno

TAJECT Colombo Copenhagen

Make Carle Dublin Ettaligh Musick Flora

Montrea

Branches of American Express Com pany in Trincipal citias" of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken:

sphal Investment.accounts

THE MERCANTILE BANK OF INDIA, LTD,

HEAD OFFICE

18, Genachtech Mounts, Landon, “16.08.

Authorised Capital", Subscribed Capital ............. Paid-up Capital visgra Reserve Fund

T. T: On demand Da Shanghai---- On demand On Japanto On demand; On Manila

On demand. On Singapore On demand", On Batavia-

On demand On Balgun

Harbin

Hong Kong

Honolulu

Hrinking Karacal

Semarang

Shanglial

Singapore Boerabaya Sydney:

Rat

62%

PRIVILEGED STATUS

REASON.

Cotton Planting In The

Southern States.

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright; Telegra- phic Messages Ordinance, 1801, Ber |ceived March 7, 835 am)

Washington. To-day.

The House of Representatives Itules Committee has 'voted to give the Bankhead Bili privileged status, due to the imminence, uf cotton planting in the southern States of America-United Press, per S.C. Gold Bar. Co...

BANKHEAD BILL FAVOURED,

Special Legislative Right Of Way,

Washington, To-day, The House of Representativën Bulcs Committee has voted to give the Bankhead Billy special legisla tive right of way in the House!!! Mr. Jones, Chairman of the] Agricultural Committee, states that he will seek early action. Reuter,

INTERMEDIATE CREDIT BANK.

On demand

58%

President's Confe

Not DiscloseO

OB

1225

nee

The Chairman of the Bandhold- ers Protective Committee has an-. nounced that the earlier statements regarding the interest payments de-

that the FORTY-FIFTH OR- Mountain and Southern Railway DINARY YEARLY MEETING will bonds has been found incorrect-be held at the Company's Offices, P. United Prese per S. C. Gold Bar Co. & O. Building, on WEDNESDAY,

LONDON EXCHANGES.

Berlin

Paris

New York

London. Yesterday.

77 1/16 5.06%

Montreal

5.09%

Brussels

21.77

Geneva

13.60

Amsterdam

7.534

Milan

69%

Stockholm

12.77 19.39/

Copenhagen

22.40

Oslo

19.90

Vienna

284

Prague

122%

Helsingfors

226/2

Belgrade

222

Madrid

37 9/32

Lisbon

109%

Athens

530 Sellers

Bucharest

510

Rio

4*

Buenos Aires

361⁄2

Montevideo

3814*

1/6 3/32 1/4

Bombay Shanghai Hong Kong Yokohama

1/65% 1/2 3/16 20 9/32 20%- 103 13/16 -British Wireless Service,

Silver Spot Silver Forward Warloan 3%

SHARE MARKET.

14th. March, 1934, at 11 a.m. for the purpose of presenting the Report of the Directors together with & Statement of Accounts to 31st December, 1983 and electing: Direc- tors and Auditora.

The Register of Members of the Company will be closed from 3rd March to 14th March, 1934, both day's inclusive, during which period no Transfer of Shares can be regis- tered.

By Order of the Board of Directors, GIBB, LIVINGSTON & CO., LTD., Agents.

Hong Kong, 21st Feb., 1934.

'AUGUSTINE BIRRELL' LECTURE

Sir William Hornell Addresses Learned Gathering.

CHIEF JUSTICE WELCOMED

At the fifth meeting of the 1955- 34 session of the Hong Kong branch of the English Association, held yesterday afternoon at the He- lena May Institute, à very inter- esting discourse was given by the Vice-Chancellor of the Hong Kong University, Sir William Hornell...

The subject of the lecture was' "Augustine –– Birrell," the author. 1 who wrote only two books, one, the There was an absence of interest like of Charlotte Bronte, and the in "all" sections of the market to- other, a study of his old friend day, and rates were caster in a Sir Francis Lockwood, number of issues. The only sales - The Hon. Mr. R. HL. Kotowall pre- officially reported are Lands 870%, sided over, the meeting which was Trams $214 and Dairies $28.

The official : summary of the |Hong Kong Stack Exchange fasted | yesterday at 8.15 p.m.

Salce

Bank of East Asia 893 Antamoke 72 ctą Hong Kong Lands $70% Hong Kong Trame #21% Dairy Farma $25

Gott Loans 7% Prem.

Hong Kong Banks $1790 Union Insurances $550 - H. K Fire Insurances $285 Donglases $85Y Wharves $118 Docks $14ME Providenta (old) $2.45 Hotels $6.45 VA Realties $0.80 Star: Ferries #95%%% Yaumat! rrios:#28:

attended by a large gathering.

The Chairman announced that the next meeting will be held on April 10 Instead of April 3, when Father, Gallagher, will deliver his lecture" on The Mother in Litera "¡ture" on April 1005/

The Chairman welcomed the new Chief Justice Mr AD. AS Mace Gregor, and expressed pleasure at his early interest in the English Association, and hoped they would have a paper from him in the near; future.

Among those present) were the and Hon Sir Thomas Sou Lady Southern, Ho Pollock, HonAME AVE Chief Justice; (Mrs) Gregor), Prefessor son (Hon, Becretary

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1