1934-03-13 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Axiberland Capital ..........................

1.

$50,000,000 Jaruri and Faily Paid-up 80,000

Kansive Funde :---

-

$10,000,000

Hooore Läbblity of Propelutare .. $20,000,000 HEAD OFFICE, MONIIGNG.

W. H. Bet

BOARD OF DIRECTOR,

Hon. Mr. 17... Mickle

Chairman.

3. F. Warren, 194 Deputy Chairmaz.

A. 1. Compton, Zaq.

THE CHARTERED" BANK OF INDIA, AUSTRALIA "✯ CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Agencies and Branches:

Tuloilo

Tpo chi

Klang Kobe Kuala

Rangoon Saigon Semarang Seremban Shanghai

Paid-up Capital

Reserve Fund ..

.$0,000,000 .£3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Alor Star

Amritsar

Bangkok

Hon. Nr 2, 2. Paterson T. Z. Festor

Batavia

Bombay

1. Maka, B.

T.AL D Shaw, Haq,

Calcutta Canton Canton

V. M. Grayburn, EM,

Kuchin

Chief Manage

Madras

Manila

BRANCHES |-

Delhi

Medan

Tientsin Tongkah

AMOY

LONION

Haiphong

New York

(Bhuker)

ВАНОКОК

LYOM

Hamburg

Peining

Tsingtao

Hankow

M4A3 (Johor)

Turbin

MURHEW

XEW YORK

Hong Kon

PEINSO

2.48. Marrison, Eng.

BATAVIA BOMBAY CALCUTTA CANTON CITE FOO COLOUNG DAIREN FOOCHOW HAIPHONG ЛАМБЕВО HANKOW HARDIN

BONDKEW

FOR

JORORK

KORE

KOWLOON

MALACCA

MANLA

PENIKO

BLANOUGH

SALGOR

BAN FRANCISCO

KUALA LUMPUR

SE AXUAL-

MENGAPORE

ROTRINATA

MUNEI PATAKI

Ti:STEN

TOXIO

TRIKOTAO

YOROKAMA

Sapere

(Peking) Yokohama

Penang Zamboanga

Foreign Exchange

HE CHINA MAIL

Commerce and

Finance

COMPROMISE

SILVER BILL

INTRODUCED

Wheeler Wants Straight| Remonetisation Plan.

FREE COINAGE AT 16 TO 1

SPECIAL TO CHINA MAIL... (By Telegraph, Copyright." Telegra shin Maungua Ordinance; · 1892 Re ceived March 12, 1.18 p.m.)

Washington, To-day.

Senator Wheeler yesterday stated

and General that he was introducing a Bill au-

Banking business transacted.

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

**

New York, Yesterday. Dow Jones Averages..

30 Industrial 20 Ralls

20 Valides

40 Bonds Commodity

Index

'Last To-day's Changes.

Aver. Avera 102.77 104.23 1.40 up 48.12 - 48.05 53 up 26.21 27.00179 up

54.44. 55.03 .69 up Messrs. E. A. Pierce & Co. Re-

port:Quite possibly the recovery may have been due to constructive

Current Accounts opened and Fixhorising the Government to par interpretation of the market's tech-

ed Deposits received for one year or chase silver up to 1,000,000,000

shorter periods at rates which will baj quoted on application.

W. H. E. THOMAS,

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

B

ounces until the price of the metal reaches'a 16 to I ratio to gold.

He said that he prefers straight remonetisation plan for no chance of obtaining the Ad- ministration's approval for such a measure this session. United Press, per S. C. Gold Bar Co.

Current Arrontte opened is Lo Carry THE BANK OF CANTON, LTD. free coinage at 16 to 1, but sees

sel Fizel Deperite mivel for one ye

aberler priods in Tonal Company and Sterling

on torma which will be quelad on application.

Hong Kong, 26th February, 1934.

HONG KONG SAYINGS BANK.

The Basis of the bar Bakk ta azul mol of by the HONG KONG AND SHANGHAI BAKKING CORPORATIO), Kulon was de shinland en saplicatiam.

· FOR THR ITONOKOKE AND SHANGHAI BANKING CORPORATIOL

T. X GRAYEDEN,

¡Ohlal ManoJUST

Hong Kong, 20th February, 1934.

SAFETY FIRST 1

To Safeguard Your Valuables and Jeweltcles, Deposit them in a Vault

that is really: FIREPROOF BURGLAR-PROOF DAMP PROOF!

OUR SAFE DEPOSIT VAULT located on the Mustaine Floor of Our New building ir Specially Con- structed to provide all of these Im- 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

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.). HEAD OFFICE-Taipeh, Formosa. Incorporated by Spacial Imperia!

Charter 1890,

Centre) ja Forme

Maxk-Form imard &

Established 1912,

Head Office-Hong Kong.

Avikortsel Caplini (B.K. Oummey) ---$11,00€,00% Pold-Up Osplisi

----- 1,000,00 Home Fund

150,000

BRANCHE

Cox, anghai, Usskow, Bangkok,

and Franckens, LONDON BANKKBS 1———

The Lloyd's Bank, Limited CORBEAPONDENTH

Is sú principal olikas of the World.

Foreign Exchange and banking business d every scription iransected,

Safe Deposit Beam (aloun sausį aš – suocly avatal al from $8.

LOOK POONG BHAN.

Chief Manager.

THE BANK OF EAST ASIA, LTD. Authorised Capital .... $10,000,000.00 Paid-up Capital 5,598,000.00 Reserve and Undivided

$2,434,000.00 Profits

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

BOARD OF DIRECTORS:- Sir Shouson Chow, Chairman.

Il Koon Chún, Esq. P. K. Kwok Esq. Wong Yun Tong, E. Chan Ching Shek, Eiq,

Li Lan Sang, Esq.

Wong Chu Son, Esq. Kan Ying Po, Esq.

Ean Tong Po, Esq, Chief Manager. Li Tes Fong, Esq, Manager. BRANCHES AND AGENCIES----

Amoy

Batavin

Manila Melbourne

Scattle

Bombay

Nagasaki

Calcatta

New York

Canton

Diaka

Haiphong Hankow Honoluta Kobe

Parin

Semarang Shanghai Singapore

Rourabaya Swatow

Peiping

Synday

Penang

Rangoos

Kowloon London

Saigon

Talhoku Tientsin Tokya

San F'cisco Vancouver Yokohama

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

On and after August 15th. 1033, the Current Accounts opened in Local rate of Interest on Special Current Currency and Fixed Deposits received at 2% p.8. on daily for one year or shorter periode in Deposii will be balance and the rate for balance over Local and Foreign Currencies on! $10,000 will be quoted on application terms which will be quoted, on appli- (Maximum rate-1%%).

Ication.

Safe Deposit Boxes To Let,

KAN TONG PO,

Chief Manager. Hong Kong, 1st March, 1984.

LONDON KEKLER

Barclays, Bakk, 268, Kleyda Hosk, 146, Midland. Bank, LAR, Terminster Mask, 14.

J

The Bank has Buerospulair la alt the peinapal Jelmersial Contone thinglows, the world.

UL. MAGUR

KONG KONG BRANCH:

8. Des Your Red Car

Hong Kong, Dovenber M, 1982.

Mange

THE YOKOHAMA SPECIE BANK|

LIMITED.

Established 1980

Capital (fully pall-up) Yen,100,000,000 Reserve Fund....Yen.122,750,000

Head Office-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

THE

AMERICAN EXPRESS COMPANY, INC.

Head Office: 65, Broadway,

New York:

U.8.$6,000,000.00. .1.8.$1,667,089.17

U.S.$1,718,979.57%.

Capital

Surplee Beserves

BRANCHES:-

Blangerw

ADVER

Beelis Bombay

Nagasaki

Nagoya

Celes

Comin

New York

Oinka

Deblin

Paris

Peiping

Datron (Dalny) Rangoon Fengtan (Mukdın) Rio de Janeiro

Lon Long

Karachi

Kobe

London

Lok Angelas Moll, 74

Manila

San Francisco

Seattle Bemarang "Shaoghal

Bingapore

Soerabaya Sydney

Mxico City.

Branches of American Express Con pany in Principal cities of United States of America and Canadast

All classes of Commercial. Transactions undertaken.

Personal' Invest bandleder

Lette

nical position since through the past two weeks, despite the prevalence of

Honored in the French Manner

DAY M

kisses General President Albert LaBrum of France (right)

The Villemin on both cheeks after decorating him with the cordon of the Grand Cross of the Legion of, Honour at Paris recently. award was made because of the mass seaplane flight that General Villemin fed into Northern Africa after "circling the mother coun try.

COTTON, SILVER AND WHEAT

Latest Quotations. NEW YORK COMMODITY MARKETS

news considered to be unfavourable. Liquidation has failed to spread and has been confined within narrow Wheat: The strength of limits. securities and the proposed silver!

firmed the market legislation Statistics are bullish. Cotton: No

New York, March 13. important selling was in evidence.

Messrs. Asin Lands Ltd. have re- There was a late rally on renewed calved the following quotations on |talk of inflation. Silver: The firm the New York cotton and wheat. ness in London and Shanghai to- rubber, silk and silver exchanges Will Improve Standard gether with expectation of favour on the Commodity Exchanges Inc.

New York:- able Washington legislative develop-

Closing Commodity Prica ments resulted in fresh speculative March 12. |buying.—Reuter.

SILVER AT 16 TO 1 TO GOLD.

Of Living.

BENEFIT TO AGRICULTURAL PRODUCTS

SPECIAL TO CHINA MAIL (By Telegraph, Copyright. Telegra- phis Messages Ordinance, 1834. Re erived March 15, 8.50 a.m.)

Washington, To-day. Senater Wheeler states that his

Business Done:-1,260,000 shares.

.100 161

Air Reduction Allied Chemical & Dye .150% American Can American Radiator American Smelting American Tel. & Tel. Bill is a compromise and is intended American Tobacco "F"" 69 to win eventually the allver op-American Waterworks 20% ponents to his plan to remonetize the Anaconda Copper Mining 15% metal at a 16 to I ratio with gold.

Bendix Aviation

He said that such a measure would Borden Co. raise the prices of agricultural pro-Canadian Pacific ducts and improve the standard of J. L Cake iving.-United Press, per S.C. Gold Bar Co.

Caterpillar Co.

National Bank Chase Chrysler Motors ... 53

| Consolidated Gas of N‚Y. 38%

Wright

SCRUGHAM THINKS Curtis Wris

ON SAME LINES.

Amendment Considered

To-day.

SPECIAL TO CHINA MAIL

(y Telegraph, Copyright. Telegra- phis Messages Ordinamer, 1894, Er ceived March 13, 8.59 a.m.)

Washington, To-day.

Du Pont de Nemours

Duo Kodak

Eastman

Gold Dust

Internat. Harvester

Internat Tel. & Tel.

Loew's Inc.

National Biscuit

National City Bank

National Dairy Prod.

183 contracts of 244 contracts of 25,000 ozs. each - 25,000 ozɛ, each

Market:-Firm.

RUBBER.

Rubber: Commodity Exchange Inc. of New York:

Mar. 10 Range Mar. 12 Range Mar....11.18 11.18

544 May....11.30 11.35 39

24OP

11.72 11.74

►

1.58 1.57

1.64 1.62

EXCHANGES.

TO-DAY'S QUOTATIONE.

On London-

T. T.

On demand

1/64

1/6/2

Four months' sight 1/6%

10m

NEW ADVERTISEMENTS.

1934 1935

FALED TENDERS will be re-

Sceived at the ROYAL NAVAL

HOSPITAL, until 10 am. on the 21st March, 1984, from persons desirous of supplying Beef, Mutton, Fowls, Pork, Cheese. Pure Cow's Milk, Ice, and other provisions, and necessaries for the year ending: 31st March 1985,

Printed Forms of Tender and further particulars can be obtain- ed at the RN. Hospital.

The right to reject the lowest or

any tender la reserved.

A. TRIVERS,

Surgeon Captain, R.N. Medical Officer in Charge. Royal Naval Hospital, Hong Kong.

13th. March 1934.

WANTED

WANTED:-A teacher with · know | lodge of French, Apply personally_to Rev. Mother Superfor Canossian In- stitute 36, Caine Road,

PUBLIC AUCTION.

T

THE Undersigned have received instructions to sell by Public

Auction

ON

FRIDAY, the 16th March, 1984 commencing at 5.15 p.m..

at their Sales Room,

4, Duddell Street,

A Fine Collection of 770 Hong

Kong Postage Stamps from First Issue 1862 up-to-date all perfect condition in mint, used and unused and in single, pairs, blocks, strips, etc.

with varieties and

Treaty Ports Postmarks

broken up into 205 lots to suit local |Collectors N

On View from Wednesday the 14th March, 1834.

Terms: Cash on Delivery

LAMMERT BROS,

Auctioneers.

Hong Kong, 13th March, 1934.

Credits 4 months'

Bight On New York- On demand

· 1/7/

88%

Credits 60 days"

night....

nom.

on On Paris--

On demand

6871/2

SILVER. Silver: Commodity Exchange Inc. Last To-day's of New York: Price Price

Credits 4 months'

sight

6271⁄4

144 15

.47.50 47.60 Sept....47.92 48.00

Mar. 10 Range Mar. 12 Range On India-- 07 97 May ....47.20 47.20

150% July

47.57 47.57

T..T.

100%

47.95 47.99

On demand

100%

48.45 48.45

46% 46

120%

123%

Dec.....48.67 48.67 Total sales for the day:-

49.20 49.20 On Shanghai-

On demand

110

On Japan:-

20%

2012

18

On demand

128

**.་་་

55

150%

On Manila--

104

10%

234 24

On demand

762

JY

18

7912 75

On Singapore

30

On demand

64%

28+

28

11.55 11.55

On Batavin

On demand

57%

4

424

July

074 98

89

90

.11:02 11.04: 12.02 12.03 Standard No. 1 "B" Contract. Total sales for the day:

On Balgon-

On demand

58

On Bangkok-

Electric Auto-lite Co.

2914

50

122

Electric Bond & Share

17%

18%

General Electric

Electric Power & Light 7

SILK.

21%

247

22

General Fooda

33%

General Motors

38%

Gillette Safety

11

11

19%

Mar. 10 Range Mar. 12 Range 1.36 1.40. 19 Mar... 1.394 141

4214

14

15%

Liggett & Myers "B"

63

81%

32%

Montgomery Ward

82

38

89%

March

99% 29%+

16

May

16%

16144

July

19% 18

5

Penniylvania Rly.

34

84%

Radio

8%

Sears Roebnet

4814

49-

Socony-Vacuum Corpn.

164

16

Standard Brands ...

21%

21 Mar.

Standard Gas

125

Standard Oil Co. of NJ, 45%

45%

Texas

деха Согра

26

27

Trans-America

7 Oct.

44% Dec.

.:12.55.12.55

United Air & Transport 28% United Corp. -******* 6% United States Steel. Westinghouse E. & M..

BID †.

24%%

6%

Middling **

58% 8934

-54%

.89%

LONDON EXCHANGES.

London, Yesterday.

Paris New York

77 5/16

5,08%

Montreal

5.08%

Geneva 4

15.75"

Bruksels,

21.88

Amsterdams

7.58

Milan:27.

893%

Berlin r

12.81

US

Vienna

Stockholm

Copenhagen

OsloMe

Prague

Helling

United

87%

Beir

109

580 Sellers BIOS

88% 8.0

of Sha

88

Assura

“And here I'another of/4 aecreta. In the far north there dvare, which are fea $6,55, are might

No.

fendi

these for eléc

rater,

The House of Representa tives members, Mr. Scrugham, states that he will introduce a BIII

Senator indentical to

asan Wheeler's Bill, to-day,

Golds- amendment to the borough Bill

He said that the House banking Committee "will" con sider it at the

executive

session, to-day-United Press, per S.C. Gold Bar Co,

Monthly Purchase Of Silver.

Washington, To-day. Senator Wheeler has Introduced his so-called compromise Bill authorising the United States

Government to purchase 60,000,000 ounces of silver monthly until 'a 16 to 1 ratio with gold has been reached-Reuter.

The Accumulation Of 1,000,000,000 Ounces.

• SPECIAL TO CHINA MAIL (ByTelegraph," Copyright." Telegra phis Messages Ordinamos, 1813, Be cafved March 12, 8,02 pm

Washington; To-day,

Benator Wheeler has introduced

measure authorising States Treasury to purch 100 ounces of illver 1,000,000,000 ounces has mulated or until #livse kiss to 1 ratio with gold-U

per 8.C. Gold BI

$9,000, othly-antil

YPRINTING

Olis Elevator

Pacific Gas & Electric

Packard Motors

Union Carbide & Carbon 48% Union Pacific an

16% 19

696 contracts 1,231 contracts

Silk: Commodity Exchange Inc, of 34% New York:

Or demand Sovereigns bank buy

1/6% ing rate Bar Silver per oz..... 2034 Bar Silver in Hong

Kong Copper Cash ........ Bop.

1% prem Sugar: New York Sugar & Coffee Copper Centa

Rate of Native Interest 8%% pa. |Exchange:"

Mar. 10 Mar. 12. Chinese Sub, Coin ... 814% die.

SUGAR.

Market:-Quiet.

1.48 1.46

COTTON.

Cotton: New York Cotton Ex- change!

Mar. 10 Range Mar. 12 Range.

.12.06 12.06 18 May ..12.16 1217

July ..12.28 12.30

.12.44 12.45

Jan.....12.59 12.59

.12.18.12.18 12.28 12.29 12.39.12,89

12.53 12.54 12.65 12.65 12.70 1270

Spot 12.35 12.50

SE WHEAT:n pal Wheat: Chicago Board of Trade: Mar:10 Mar. 12,

877 89

884 87% 88% 89%

May

July Beptember

Total sales for the day-

· 10,000,000 10,000,000 Debushels A bushels

AMERICAN GOLD PRICE:

(WASHINGTON); 57

Mat. 10 Mar 12

Treasury Gold Price, per br...... 85,00 85.00)

· NEW YORK METALS." FEN Mar. 5 Mar 12 7.047.72 52.00 $4.50

Copper, Oct. per per Tin Oct.

SHANGHAI SHARES.

Latest Quotations.

Carroll Bros

owing

Hour Hong Suk, Cola par

THE HONG KONG FIRE INSURANCE CO., LTD.

LAMMERT BROS.

AUCTIONEERS, APPRAISERS AND SURVEYORS.

– Public Auctions ·

THE Undersigned have received instructions to sell by Publie

Auction

ON

Wednesday, the 14th. March, 1984, commencing at 10:30° a.m.

at No: 8, Peking Boad, Top Floor, Kowloon

A Quantity of VALUABLE HOUSEHOLD "FURNITURE - (Particulars from Catalogue) On View from. Tuesday, the 18th

Terms: Cash on Delivery,

B LAMMERT BROS.

Auctioneers. Hong Kong, 8th March 1934.

Shareholders Meeting March, 1934

On March 27.

We are officially informed that the General Managers and Consult ing Committee of the Hong Kong Fire Insurance Co., Ltd., will recom- mend at the forthcoming Meeting of Shareholders to be held on Tuesday March 27, the payment on account of the year 1932 of a Dividend of $10 together with an Exchange" Bonus of $1 per share absorbing $440,000; to pass the balance of $32,180.22 to the credit of Bein- surance Fund and to carry forward $595,470.19 in respect of the year 1933,

GRIM FIGHT FOR THE WARCTIC REGIONS:

(Continued from Pape 8)

Every

Cana

WARSHIPS IN PORT

Three US. Gunboats And Two French.

The following warships are in port to-day, and are berthed follows

Basin H. M. S. Tamar,

Bouth Wall, M. 8. Bruce Exst Wall II. M. 8. CornBower, HMS. Falkostähe, H. M. 8.T. antula,

North Wall H M. B. Olympus. North ArmH M. 8. Combers

sends West Wall HMS. Adventure, her Set If, M. 8. Keppel, H. M. 8. Whitshed. Dook-IL ME. Herald, HE. supplies and the Verity, H. H-8. Wild Swah

Taikoo Dock-H M. S. Proteus, politan Dock HM8.

Cornwall. Buoy-HM 67 Berwick",

BaoyLM S. Bridge

DUGGAN

$4.65