1934-03-22 — Page 6

BANKS

HONG KONG AND MEANINGHA

BANKING CORPORATION.

Leavă and Fully Fold-up meeting

Reserve Fands :-

Biuting

Heserve Zility of „Pragricistą, kl. 184,000,000

HEAD OFFICE: HONGXONO.

BOARD OF DIRECTORS.

MORAGE, KLEIN, Mackie

"W, 91, Bell, KL

Chalingan.

3. 1. Warren, Cap Dopety Chalesan

A. 19. Compton," Raq,

, Kishin, Rag.

C. C. HALFB kaq

AMOT

SANGKOI

NATAVIA BOMBAY CALOUTTI

DARKN CHENIR COLOMBO DATTER POOCTIO

HAIPHONG

HAMBUR BANKOW HARBIN

BONGREW

ILOILO

TPOR

JOHORE

KOM

KOWLOOK

•st. 8. Maerlain, Rag...

Hon. Me J. J. Daleros

T. F. Pearce Bek,

1. M. Omgium, Zi..

Chial Manager.

FRANCES

toxboy

LTON

NAMICCA

MANIL

MUAN (Jakový)

MUKDEN

NEW YORK

PRIPING PESANO

BAXGOON

PAIGON

FAX FRANCIFCO

KUALA LUMPUR

KHAKURAT

SINGAPORE

SOPRANATA-

AUNGEI FATANI TIENTWIN

15NOTLO

TORDRANA

Current Incuna passi la Lei Demary and Fixed Deporte marelal for one you shorten pariada la Loud Company und Piešing un terms which will be quoted an application. Hong Kong, 26th February, 1934,

HONG KONG SAVINGS BANK.

The Belname of the shore Boak la sonžuot- of by the HONG KONG AND SHANGHAT BANKING CORPORATION.

Phialued be application.

may be

FOR THE HONGLONG AND SHANGHAI BARKING CORPORATION.

7. I GRATBUNE,

Hong Kong, 26th February, 1984,

SAFETY FIRST 1

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

that in really: FIRE PROOF BURGLAR-PROOF DAMP PROOF!

OUR SAFE DEPOSIT VAULT located on 11 Meanine Floor of Our New building Specially Con- "tructed to provide all of these Im-) portant Qualities.

Safe Deposit Bex in this most up-to-date Vault for your own use at a very moder- ate Rental.

You may obtain a

Inspection Cordially Invited.

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

THE CHARTERED BANK OF INDIA, AUSTRALIA: 22 CHRA.

Incorporated by: Beyal Charter, 1853.

Commerce ont

finance

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday. Dow Jones Averages.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserre Food

£5,000,000 $53,000,000

Reserve ability of Pro-

prietorg .....

2,000,000

Agencies mit "Branchen:

Alor Star

Inoile

Rangoon

Amritsar

Baigon

Bangkok

Karachi

Semaring

Klant

Seremban

Kobe

Shanghai

Calcutta

Kuala

Canton

*Lumpur

Singapore Billawan Saurabaya

Medin

30 Industrials 20 Rails... 20 Uulition 40 Bonds Commodity Index

Tongk

New Tark

(Bhuker)

Peiping

Tsingtas

Batavia

Bombay

Campare Kuckling

Cebu

Colombo

Haiphons

Hamburg Hankow Harbin

Hong Kont

Manila

(Peking) Yokohama Perang Zamboanga

Foreign Exchange and Banking business transacted

Current Accounts opened and Fix ed Deposits received for one year shorter periods at rates which will be quoted op application.

Last Today's Changes.

Aver, Aver. 101.01 99.33 1.68 down 47.94 48.94 1.00 down 26.12 25.71 61 down 92.77 92.68 19 down

63.96 69.29 67 down

COTTON SILVER AND WHEAT

" Asia Lands Låg, have raived the following quotatio

од

the New York cotton and whet: rubber- alik and silver exchan Mesars, E. A. Pierce & Co. Een the Commodity Exchanges Inc.. port-The market is awaiting the New York:

Closing Commodity Prics outcome of the labour conferences. Beyond that there is little or noth- March 21.

SİLVER Generaling to say. Wheat: Prices fluctuat

Silver: Commodity Exchange Inc. ed with securities. Cotton: Narrow and rather reactionary. The Trade of New York:

Mar, 20 Range Mar: 21 Kange bought on the scale-down but pur-

Mar....46.00 46.00 45:55:45.55 chases were insuficient to absorb

46.35'46.35 July

---45,90:46:00 offerings, which originated abroad. Sentiment was quite mixed. Silver: Sept....46.65 46.704630 46.50

Dec.

...47.40 47.55 47.05 47.05 The uncertainty over the silver legislation and the easiness in Lon-Total sales for the day:

182 contracts of --- 77 contracts of don and Shanghat caused a decline.

25,000 ozs. each —— 25,000 ozs. each A statement credited to Senator

Market:-Firm. Pittman, advocating the use of sil- ver as a means of broadening the metalle base, attracted scattered buying. Continental Oil has de clared a dividend of twenty-five cents.

W. H. E. THOMAS, -

Acting ManiKET. Hong Kong, 20th February, 1984. THE BANK OF CANTON, LTD.

Fatablished 1912.

Head Office:-Hong Kong.

Ahora Capitai (E.E. Curroney! ...811,307,500 Poll-Up Caplin 0,306,004 1,100,000

TRANOREN 2-

bel. Humkes, Rengkok

And Go Simchase.

LONDOM MNKMES 100

The Livri's Bank, Limited. COMÉWAPONDENTS

In all principal niide of the World.

Foregi Aubange wet backing balzam d

Sala Deposit Bonne (escione sinos) ni u jaarly

LOOK POONG SHAN.

Business Done:-1,070,000 sliares. Last To-day's Price Price

pix

Air Reduction

94 Allied Chemical & Dye .148 148 American Can

| American Radiator

Chief Manager. American Smelting

THE BANK OF EAST ASIA, LID.Am Copper Mining 14%

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

Profits

Undivided

$10,000,000.00 Auburn

$ 5,698,800.00 Bendix Aviation

Borden Co.

12, Des Voeux Road Central

BOARD OF DIRECTORS:-

Sir Shouson Chow, Chairman.

Li Koon Chan, Esq.

P. K. Kwek. Esq. Wong Yus Tong. Eng. Chan Ching Bhek, Esq.

►

Case

mer Co.

RUBBER. Bubber: Commodity Exchange Inc. of New York:

Mar. 20 Range Mar. 21 Range

Mar-21 Tax Mar, ...10.92 10.92 May

...11.07 11.09 10.92 10.92 July...11.39 11.40 11.22 11.24 Standard No. 1 "B" Contract. Total sales for the day :--

643 contracts -- 657 contracts

SILK.

Silk: Commodity Exchange Inc, of New York:

Mar.

Mar. 20 Range Mar. 21 Range .... 1.98 1.56 1.84 1.34

SUGAR. Sugar: New York Sugar & Coffee Exchange:

March

May *** July..

Market:-Quiet.

Mar. 20. Mar. 21

1.40

1.39 1.50 1.44

1.57 1.52

'COTTON.

Cotton: New York Cotton

97

07

14%

14

42

41

American Tel, & Tel. American Tobacco "B" Waterworks

116

11714

68%

07

20%

20%

14

52

51

18%

18

23 23

$2,484,000.00

Canadian Pacific

17%

70%

60*4

HEAD OFFICE:---HONG KONG

20

284

Chrysler Motors

Ghase National Bank

27+

264f

Curtiss Wright

Consolidated Gas of N.y. 524

50%

414

Eastman Kodak

Du Pont de Nemoara

95%

034

884

873

Electric Auto-lite Co.

27%

Electric Bond & Share

18

27% 17

change:

General Electric

Electric Power & Light

Mar. :....11.98 11:98- 11.90 1190

General Foods

21% 33%

May July

General Motors

37 38

| GI

10% 30%

Oct.

104 19%

41

40%

14% 14%

88

Dec, Jan. Middling

3114 31 31%

Spot ..12.80

12.03 12.05 12.15 12.16 12.26 12.26 12.28; 12.32

1215

42% 42% 281 281

WHEAT.

1544 15/

15 10% 19%

May July

874 874

8754

87%

34

324

32%

September

8894

88%

7%

Total sales for the day:-

-47%

20,000,000

10,000,000

bushela

Là Lan Bang Ba

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

Kan Tone Po, Esq. Chief Manager.

Li The Fong, Eış, ManageT. BRANCHES AND AGENCIES:---

Güllte Safety

Gold Dust

Internat. Harvester Internat. Tel. & Tel.

legelt & Myers, ""

Inc.

tgomery Ward National Biscult

National City Bank

National Dairy Prod.

Amoy

Manila

Scaltie

Batavia

Melbourne

Semarang

Bombay

Negaki

Shanghal

Galcotla

New York

Singapore

Cantos

Osaka

Bourabaya

Haiphong

Paris

Pelplog

Swatow Bruder

Pening

Talhoku

Packard Motors

Kobe Kowloon London

Rangoon

Mentrin

Pennsylvania Rly.

Salgon

Tokyo

Radio

Bari P'cisco

Vancouver

Radio Corpn.

Sears Roebuck

Yokohama

Loans

Otis Elevator

Prelfic Gas & Electric

Imperial Defence In Britain

Co-Operation Between The Services

URGE FOR NEW MINISTER

LONDON, TO-DAY.

FMENTS:

HONG KONG CRICKET CLUB

NNIS TOURNAMENT.

NHLE Following amended ixtures have been made in the Open Championship eventa

Semi-Final Singlés, Monday, 26th : Marcha

Ho Is Lit và Tam Hles For Final Doubles, Tuesday, 27th March.

Final Singles, Wednesday, 28th March.

COMPREHENSIVE REVIEW OF THE MEANS WHEREBY

·CO-ORDINATION AND CO-OPERATIONS BETWEEN THE, THREE DEFENCE SERVICES IS TO BE EFFECTED, WAS MADE MISCELLANEOUS, IN THE HOUSE OF COMMONS YESTERDAY_BY_THE_PRIME CENTRAL RADIO SERVICING offers MINISTER, MR. HAMSAY - MACDONALD, WHO DEFENDED the best and most reliable servicing THE EXISTING PRACTICE IN A DEBATE RAISED BY MAJOR and repairs to your Radio: Modern ATTLEE LABOUR MEMBER FOR LIMEHOUSE, LONDON.

MAJOR ATTLEE URGED THAT THERE SHOULD BE A DIVI SION BETWEEN THE GENERAL POLICY AND THE DEPART- MENTAL ADMINISTRATION, "AND THAT, TO DEAL WITH THE FORMER, A DEFENCE MINISTER SHOULD BE APPOINTED. WHO WOULD BE A MINISTER OF HIGH AUTHORITY, AND ABOVE SERVICE MINISTERS.

Mr. Ramsay MacDonald, replying, said that in transitional period through which the whole of the methods of defence were passing, one of the greatest claims for the present system was that it was flexible and adaptable to changes. If they had a League of Nations that could adequately and safely be described as a system of pooled security, the whole problem of national and Imperial defence would be fundamentally changed, but that

time was not yet.

equipment and expert Techicians at your service. Phone 23748...

ÉMBEZZLEMENT CHARGE.

Aged Unemployed Chinese In Court,

SEVEN DAYS' REMAND.

Shi Yuk, an unemployed 54-year- old Chinese, was brought before Mr. 3. Balfour at the Central Police Court this morning, charged with the embezzlement of the

AUTH of $215.08 from the Garden Company,

Referring to the nature of the existing organisation of Imperial Defence, the Premier said it could ANGLO-SOVIET COMMERCIAL of 296 Des Voeux Road Centra

not be adequate, unless It faced the problems of co-ordination of a defence policy co-ordination of finance," staff co-operation, and joint staff training." In regard to these points the Cabinet sup- plled the final word, the advisory Buthority of the Cabinet being a committee of the Imperial De fence. The work of the commit- tee of Imperial Defence went on from day to day, but once every year the chiefs of staff presented report to the committee, based in part upon Foreign Office în-

covering formation, and

the whole field of Imperial Defence in its minor, as well as in its

AGREEMENT DISCUSSED

Ratifications Exchanged In Moscow

London, To-day. Ratifications were exchanged in Moscow 'yesterday! „between · Lord Chilston, British Ambassador, and

the

Soviet Commissarist for the Foreign Affairs, of the temper-;" ary, commercial agreement - bu tween the United Kingdom and the Soviet. Government which was re cently signed in London.-Bri- tish Wireless Service,

major aspects. The recommen-the dominions was secured. They

Sergeant Guild asked for a seven days' remand as further charges might be laid against defendant. It was reported that the total amount Involved was $1,486.63...

Mr. T. P. K. Kemble appeared for the accused. Mr, Wong Wah-ngok, manager of the Garden Company was also in Court this morning.

The hearing will be resumed next Thursday.

LOCAL NEWS BREVITIES

Ex-dations and observations of that attended a committee of Imperial The final concert of the season report were discussed by the full Defence for Joint Counsel and will be given at the Helens May Mar. 20 Range Mar 21 Range committee of Imperial Defence, advice, to what extent ther them Institute on Thursday, March 29, at

and then went to the Cabinet, selves might decide. On a num 5.30 p.m. 12.00 12.06 11.92 11.93 where a body of Ministers were ber of occasions in recent years a in a position to discuss, and to particular dominion had asked. for .......12.18 12:18.

Ideal with It. That review was the advice of the committee

Shanghal at 4 p.m. on Tuesday ..12.83 12:33

Always made in time for estimtheir defensive problems, and and will arrive in Hong Kong to ..12.42' 12.42

ates, and revealed a very high were kept fully informed as to .12.45 12.46

morrow at 8 am state of co-ordination and cowhat they were doing." operation.

1: No Independent Estimates

on

The P. and O. Chitral left

Regarding the “defence. - policy

Two cases of meningitis, 2 'cases liself, that had to be worked out). in relation to this country's poel- of smallpox, and one case of Wheat: Chicago Board of Trade: "The fact' that estimates..... wertlon as a world power (and. ■ rabies from a dog bite were re-

three

different

On the financial side each

yesterday.

The annual Inspection of the Hong Kong Volunteer Defence

Mar. 20. Mar. 21. presented in,

volumes gave the Impression that European power, and having reported during the 24 hours ended they were independent. That was gard to imperial unity;

Referring to the air service for: not jo,

of Home defence, he said it was in the service departments had its infanry and for the next fer finance section, and the Treasury year the Navy was of vital itself had a section which deal: porance as part of Imperial De almost exclusively with defence fence, and a feet air arm, Mar. 20 Mar. 21 expenditure. When the estimates rential to the modern Navy.

were complete the Chancellor of

bushels >> AMERICAN' GOLD PRICE:

(WASHINGTON)....

U.B. Treasury Gold

Price, per oz.

United States sleei Westinghouse E. & M.

BID-†; XD-*..

64

37% 37

150%

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa Incorporated by Special Imperial

Charter, 1899.

Every description of Banking and Standard Gas Exchange business transacted. Central Bank in Parsnes Bank-Notes jesund ársrags mhones in Tex, unes manked on approved securities,

Socony-Vacuum Corpn. 16% 16

21 Standard Brands

20% 128. 124 Standard Oil Co. of N.J. 454 44 Texas Corpn.

251 Trans-America

6% Union Carbide & Carbon 43

:125% 12312

Current Accounts opened in Local On and after August 15th, 103, the Currency and Fixed Deposits received rate of Interest on Special Current for one year or shorter periods in Union Pacific

Foreign Currencies United Air & Transport 23% Deposit will be at 2% pa. on daily Local and balance and the rate for balanx *ver terms which will be quoted on appli-United Corpn. $10,000 will be quoted on application, tention,

Safe Deposit Boxes To Let

(Maximum rate 114%).

• LONDON BEKERRY

Decolare deck, Zala boyle Bank. Tit. Midland Bank, kády Wyomissin Wood, Tal-

_76+ Bush-has_Chernopondente in all the principal

K. MAGURA,

Wing Kut. Boromber M, 1981.

KAN TONG PO,

Chief, Manager. Hong Kong, 1st March, 1934.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:--45, Broadway,"\/

New York.

L!!

THE YOKOHAMA SPECIE BANK

LIMITED.

·Established 1860

Capital (fully paid-up) Yen 100,000,000 Reserve Fund, mesin

Yen.122,750,000

Head Offer YOKOHAMA

Branches and Agencies" at:

Nagasaki

Alexandria

New York

Balevi

Berlin

Bombay

Calculia

Canton

(Dalny

Frandace

Fengtien (Muzdan) Ring dep Jeneiro -

Hankswa

Elerbla

Capital Surphan

Bearvon

BRANCHES

Tadeos €11y

LONDON EXCHANGES.

Brussels

Paris New York.

London, Yesterday.

77%

5.11%

Montreal

5.11%

Geneva.

2191 16.80

.1.8.$5,200,000.00 ‚U.8.$1,867,069.17 „U.S.$1,718,979.67

Amsterdam

Berlin

Milan. Vienna Stockholm Copenhagen

7.5849 12.80 ̧691⁄4 28.

17.59%

Prague Helsingfors. Madrid -Belgrade

Lisbon Athens Bucharest Bio Buenos “Montevide

22.89% 19,90 122 226 377/16

109/ 535 Gellers 510

Brinches of

Bombay

88% 8.0,

1/6 3/32

pany in

Principal

Shangha

States of Amerion)

Hong Ko

All car

Transacti

Bilver

Imamilto

· 88,00 -35.00|the Exchequer examined the de

LOCAL DOLLAR DECLINES.

Silver Prices Weaker.

The local dollar ha declin- ed, opening on demand

parate estimates in the light of, the demands of every service,

Naval Treaty

Corps by H. E. Major General O, C. Barrett, C.B., C.M.G., C.B.E D.S.O., will take place to-day at Murray Parade Ground at 6 p.m.

-\Lam Ching, a coolie, was admit- Be assured the House that the ted to the Government Civil Hospi- tal suffering: from a fractured skull naval programme

was strictly within the limits of the treaty. In He was hit by a piece of coal thrown As a result of the co-ordin-building up to the limit, he recall. by another coolie. ation of expenditure effected by these and other important

the Naval Treaty were Chan of 16 Shanghal Street Committees, huge sums hand informed that an appeting the was admited to the Kartoon Hos

been saved."

could be said that finance and ad-

ed that those who took part in

required, would be criseded" | Chinese.

figures, Britain had, no margin, and pital yesterday, suffering injuries Finally the House of Commons that by 1985-36 they would have to the back of his head as the re this morning at 1/5/%eceived the estimates, and it to assume every tan they had suid sult of being assaulted by another Bpot and forward silver prices de- ministration went hand in hand in clined yesterday, closing prices llistaged. Regarding staff coins being 19 6/16 and 20 respectively ordination, the preparation" of "the

The London on New York cross technica mide, of joint defensly own. Dur rate yesterday closed at £U.S.$5.-lan 11%, au againat £-US,45,11% og Tuesday, while the New York of the chiefs of staff, who were London rate quoted on Tuesday at bound to co-operate together and ZU.S.$5.11 closed at £-U.S.$5.11 consider the plans; as a whole, yesterday

Foreirn Office Adrice:

far as operations wars

wis the responsibility

"The advice" of the foreign Of

FIVE STOREY BLDG.fice was available for, the supply

NOT AUCTIONED.

Beserve Price Not

of five stora

of all political data required, and,

ministerial con

at the service

Wong Cheung, returned banishee, was sentenced to six

hard labour

the

four the Central morning: for re

this to the

ntence of seven months". hárd labour war imposed, on- shay How

B.Bellour

Central

cused