1934-03-23 — Page 6

BANKS

́HONG KONG AND SHANGHAI BANKING CORPORATION.

Artberland Capital $50,000. Zed sul Pally Pull-up Banerva Panda - t

Bonorve Lishlity if - Troprietos (20,000,308. HEAD OFFICE: HONGKONG.

J

BOARD OF DIRECTORS.

11. 6,413, Mackle.

Chadrasan,

3. P. WATER, Eng.

Dverty Chairmat.

W. H. Bell. En...

A. 17. Compton, Bot..

1. Miskin, Fag

C. C. Knight, Foq,

AMOY

BAKOKOE BATAVIA NOMBAT

CALCUTTA

CANTON CHEFOO

DATEREX

POOCHOW

HAIPHONG

HAMBURG BANKOW HARBIN

HONGKEW

SLANO

TPOTT

JONGRE

KOBE

KOWLOON

1. 15. Merlion, Baq,

Iton. Mr J. J. Patárvon

T. R. PATCH D.

V. M. Grayburn, Ex.

Chist Manager.

BRANCHES 100

ZOXDIX

LYONE

MALACCA

MANILA

MITAT (Jobors) \\ YURDEN

NEW YORK

PRIPING

PENANG

NANGOON

SALOON

PAN FRANCISCO

KUALA LUMPUR

SINGAPORE

SHANGRAI

MOTRABATA

TIENIBIN

BUNGEI PATAXI

TOITO

TSINGTAO TORONAMA

Ouraci Accously opened in Torri Gurkey And Pland Deptile received for one post w therer periods ir Local Company, and Charting so forms which will be quetéli en nyplication. Hong Kong, 26th February, 1924.

HONG KONG SAVINGS BANK.

The Buslawe of the shery Back to wokost.

så kr k HOWO FOND AND SHANGHAY BANKING DOZMRATION.

abonised on lination.

Add us H

ME THE RANARANG AND SHANOMAI BANKING CORPORATION.

Y. GRETRIAN,

Obial Way, Hong Kong, 26th February, 1914.

SAFETY FIRST!

To Safervard Your Valuables

and Jewelleries,__

Deposit them in

Vanli

that in really: FIREPROOF

BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

Floor of Our New bulldine i Suecially Con- structed to provide all of these Im- portant Qualities,

located on the Mezzanine

You may obtain a Safe Denonit Rox 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, Formos Incorporated by Special Imperial Charter, 1899.

Con Bank-in. Formoon

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

THE CI

Commerce and

Finance

GOVERNMENT AID GOLDSBOROUGH BILL

Petroleum.

PROVISIONS IN, BILL

- HEAD OFFICE: LONDON,

Paid-up Capital Reserve Fund

£3,000,000 £3,000,000

BEING GIVEN

Reserve Liability of Pro-

prietors

£3,000,000

Ownership Of All

Arencies and Branches:

Alor Star

Iloilo

Rangoon

Amritsar

Jpob

Saigon

Bangkok Batavia Bombay Calentia

Karachi

Klang

Semarang Seremban

Kobe Kuala

Shanghal

Taiping

.Manila

Medan

Tongkat

Haiphong

New York

(Bhuker)

Hamburg

Pelping

Tsingtao

Hankow

(Peking) Yokohama

Harbin

Penang

Zamboanga

Canton

wopore

Hong Kont

Madres

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

London, To-day.

The Government have under

APPROVED,

Favourably Reported To

Full Committee.

REMONETISATION AMENDMENT.

SPECIAL TO CHIÑA MAIL" (By_Telegraph. Copyright. Talsöra.

consideration measures to stimu- phic Messages: Ordinaken, 1814, Zo late search for oil in Great Britain,

Since the programme of drilling, financed by State, ended twelve years ago no large scale effort of this kind has been made, but the President of the Board of Trade,

ceived March 28, 140 mm.)

Washington, To-day.

The House of Representatives Banking and Currency Commit tee and Sub-Committee have favourably, reported to the full Committee on the Goldsborough BI carrying the re-monetisa- tion amendment.-United Press, per S. C. Gold Bar Co,

Foreign Exchange and General Mr. Walter Runciman, in the House Banking business transacted.

of Commons yesterday, stated that the Government had recently re- ceived indications of renewed in- terest in the subject, and had there- fore decided to review the whole CONTROLLED MONEY situation,

W. H. E. THOMAS,

Acting Manager. Hong Kong, 20th February, 1936.

As a result the Government were at once introducing legislation with

THE BANK OF CANTON, LTD. the principal object of removing

Established 1912.

Head Office:-Kong Kong.

Katberland Capital (2.2. Curroway) ......4) LARC,00

1,180,000 Hankow, Bangkok,

BRANCHES :-

LOEDON SAKKREI ------

The Liryl's Bank, Liartunk. OURKEINONDENTS

In all priánipal vitive of the World.

Parigi Kubangs and-banking booksore at every demolytics temomistad.

Sale Deposit Bonus, (weldne alma) si a zonely comial il kom. DE SE DA

LOOK POONG SHAN.

Chief Manager-

some of the main difficulties which are said to have stood in the way of search on an extensive scale, and to secure the orderly development of any of discovered.

J

PROVISIONS IN BILL

ISSUANCE.

Bill Provides Federal Monetary Authority.

REVISED BILL ON MONDAY.

FREE

The Babe Cuts Birthday Cake

George Herman Ruth, baseball's premier slugger, left hie sick. bed to begin life at 40 by cutting himself a nice alice off his birth- day cake, The Bambino was born February 1, 1894; "Here he is shown with his family, left to right, Mias Dorothy Helen Ruth, kis adopted 'daughter; Mrs. Ruth; the Babe; and Miss Julia Ruth.

COTTON, SILVER

AND WHEAT Latest Quotations.

NEW YORK COMMODITY MARKETS

Closing Commodity Price

Ou

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday.

Dow Jones Averages.

Last To-day's Changes

Aver, Avèr...

..99.83 101.54 2.21, up 46.94 47.09 .75 up .25.71 26.26 .55 up ..9248 3219 Đã đoàn

.53.29. 13.64 .25 up

ན

ADVERTISEMENTS.

THE MACAO JOCKEY CLUB.

SPRING RACE MEETING SUNDAY, 25th LARCH, 1984. THE MACAO DERBY STAKES is the 6th RACE-

First Saddling Bell at 1.00 pm. First Race at 1.30 p.m. ADMISSION:-To Members' Ene closure $24

To Public Enclosure 10 cts.

Members MUST show badges to gain admittance.

their:

Ládíes are cordially invited to attend, the RACES without charge. See Steamboat Co's Notice for Special Sailings, bo Mmeso.

PUBLIC AUCTIONS.

THE

NEE' Undersigned, have; received. instructions to sell by Publis.

Auction

ON

Saturday, the 24th. March, 1934, commenting at 11 am.

at their Sales Room,

4; Duddell Street,

Balee Scarlet Blankets

2 Cuses of Soap'......

and

A Quantity of Watches, Cameras, Sample Goods, etc., etc..

"Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers.

Hong Kong, 23rd March, 1934.

instructions to sell by Publis THE Undersigned have received

Auction

ON.

Tuesday, the 27th March, 1934, commencing 'at 2.30 p.m.

at their Balss Room,`y

4. Duddell Street."

A Quantity.of.. VALUABLE HOUSEHOLD

FURNITURE

Washington, To-day, The House of Representatives : Mr. Runciman said the bill pro-Banking - Sub Committee has up-

New York, Mar. 29. vides that ownership of all petro-proved the Goldsborough Bill for leum, which may exist in Britain the establishment of ■ Federal

Mesira. Asia Lands Ltd, have re- but which is at present unknown, monetary authority with sole con-raived the following quotations on 30 Industrials shall be vested in state. Rights of trol over the issuance of currency. the New York cotton and wheat. 20 Raila

120 Utilities owners of surface are to be recom-

The measure was amended to in-rubber, silk and silver exchanges 40 Bonds pensed for disturbances to property clude 13 clause permitting then the Commodity Exchanges Inc. Commodity,

Index and the loss of amenity will be monetary authority to buy and sel! New York: safeguarded. Persons who wish to silver so that the value of 3711⁄4 THE BANK OF EAST ASIA, LTD. search and bore for oil must obtain grains of silver will be equal to March 22,

Messrs. E. A. Pierce & Co Re- a licence, payment being made to 23.22 grains of pure gold.

port:-Sentiment is a little better SILVER. Authorised Capital ... $10,000,000.BO

Goldsborough

because hopes are expreksed of a Representative Paid-up Capital .......

$6,598,800.00 the Exchequer on any oil produced.

licence will said the full Committee would con-

Silver: Commodity Exchange Inc satisfactory outcome of the labour Comprising:- Reserve and Undivided

Those who secure a

dispute. There is no other news, Profis

------- $2,134,000.00 make their own arrangements with sider the revised bill on Monday jet New York: **

Mar. 21 Range Mar. 22 Range except that the opinion is express-chairs, owners of land for the necessary Reuter.

...45.65 45.55

46.60 45.60 ed that, possibly within the next bevelled mirrors, Teak extension facilities, but where such facilities

...45.90 46.00 45.95 45.95 few days, we shall see a definite Dining Tables, Dining Chairs, cannot be obtained by agreement

Sept...46.30 46.30 46.40 46.40 crisis in the Gold Countries of Teak Sideboards, Tenk Chest of provision will be made for a security.

Dec.....47.05 47.05

47.15 47.15 Europe, meaning, perhaps, the Drawers, Teak Bookcases, Dress- grant of facilities considered by

Total sales for the day:

abandonment of the Gold Stan- ing Tables, Baby Cots, Teak Hat- court to be necessary on terms which

as yet there. has standa, etc etc. the Court will determine.

contracta of 162 contracts of dard; however, 25.000 ozs. each — 25,000 azs, each been nothing definite in this con- Silver and Glass Ware, Cutlery,

Market:-Strong.

nection. Wheat:-The local mar-Table clocks, Tea seta, Dinner ser The focal dollar remains steady,

RUBBER opening on demand this morning at

ket is narrow following the action vices, Brass Vases, Gramaphones 1/64.

Rubber: Commodity Exchange of securities. The Senate Finance and Records, Peking Rugs, Oil Paintinga, Pictures, Linen, Teak Committee's recommendation: re- Spot and forward silver prices Inc. of New York: declined 1/16 yesterday, closing Mar. 21 Range Mat. 22 Range ducing the tax from five cents to Teapoys, etc., etenee

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

BOARD OF DIRECTORS:- Sir Shouson Chow, Chairman.

Li Koon Chan. Esq. P. K. Kwok, Esq. Wong Yun Tong, Esq. Chan Ching Shek, Esq. Li Lan Sang, Esq.

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

Kan Tong Pó, Est Chief Maskpur. Lễ To Forg. Es), Manager.

BRANCHES AND AGENCIES+--

Manila

Seattle

Melbourne

Amoy

Batavia

Bombay

Calcutta

Canton

Nagasaki New York Osaka

Haiphong

Paris

Hankow

Peiping

|Kobe

Hondlala

Penang

Rangoon

Kowloon London

Saigon

Ean Felses

A

Semarang Shanghai Singapore Sourabaya Swatow Syndey Talbotu Tientsin

Tokyo Vancouver Yokohama

The measure was introduced into the House of Lords last evening and read for the first time-British Wireless Service.

UNITED KINGDOM OIL SEARCH.

Foreign Interests`· Aroused,

BILL IN LORDS

London, To-day. The Government yesterday. In- troduced a Bill in the House of Every description of Banking and Lords to facilitate and govern the Exchange business transacted. Loans search for:oll in the Beltish Isles. granted on approved securities.

It is understood that the prompt Current Accounts opened in Local

LOCAL DOLLAR STEADY.

Silver Prices Decline,

May July

prices being 19% and 19 15/16 res-Mar. pectively,

Chesterfield Couches, and Arm«. ·

Teak Wardrobe with

Teak Bedsteads with box spring ...10.77 10.77 10.86 10.85 one cent is most encouraging. Cot-

11.00 11.00 ton: The market is featureless. mattresses, Rattan Couch, Tables, .10.02 10,92 May

Electric Boller, Teak Filing The London on New York cross July ....11.22 11.24. 11.27 11.31 Prices backed and filled within a rato yesterday closed at £-US$3.11, Standard No. 1 "B" Contract. narrow range, selling being largely cabinets Table Screens, Desk

chest, Looking Glass, due to foreign liquidation. Silver: Medicine as compared with -U.9.85.11% on Total sales for the day:--- Wednesday, while the New York, on

657 contracta - 392 contracts Prices opened lower on the low- Vases, Scale, Duplicator, Trunk, London rate, quoted on Wednesday

er influence of easier foreign mar-Table Fans, Flower pots, Glasses, SILK.

Books etc., etc., at £-U.S.$5.11%, yesterday closed at

kets, but later steadied on buying Silk: Commodity Exchange Inc, of encouraged by reports that the £U.S.$5.114.

New York:

[House Banking and Currency Sub- Mar, 21 Range Mar. 22 Range Committee

bas reported ‹ favour Mar. ... 1.34 1.34 1.35 1.30 ably to the Full amendment" pro-

SUGAR.

viding for silver re-monetisation Sugar: New York Sugar & Coffee Exchange:

March

HOUSE STANDS FIRM AGAINST SENATE.

Veterans' Compensation Deadlock.

On and after August 15th, 1933, the Currency and Fixed Deposits received action is due to the fact that nego rate of Interest on Special Current for one year or shorter periods in tlations are already progressing be- Deposit will be at 2% pa. on daily Local and Foreign Currencies on tween foreign and British interests balance and the rate for balance over terms which will be quoted on app to exploit the all deposits in Bri-INDEPENDENCE OFFICE BILL July $10,000 will be quoted on application.jcation. (Maximum rata-134 %).

LONDON SELLERS «

Barolayı 20k, Lidia Kiryla Bank. Til

- MELANA KE KAR, WORK Amor Raxt, Ltd.

The Book has Corempandaxis in all the, pelompel Jarmantas Delena Shroughout the we

KONG BONG: NEL MON

L KAGUNA,

%, Di Vita Best Gested.

Wang Bang, Dreamber 24, 1981.

Safe Deposit Boxes To Let.

KAN TONG PO,

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

THE

tein-Reuter....

POLLUTION OF SEA BY OIL.

AMERICAN EXPRESS COMPANY, Question For League

INC.

· Head 'Offer:--65, Broadway, -

New York,

THE YOKOHAMA SPECIE BANK] Capital

LIMITED.

Established. 1889

Capital (fully paid-u

Yen:100,000,000

122,750,000

Reserve Fund

Head Office~~~YOKOHAMA

Branch and Agencies atr

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki

Nagoya

New York

„Oska“

Paria

Dairen (Balny))

Fonetian (Mukden) Rio de Janeiro

Hankow

Hamburg

Harbin

Heinking

San Francisco

1.8.86,090,008.00 ¡U.S.$1,807,089.17 ‚U.S.$1,718,979.87

Surplus Reserves

BRANCHES

Muloso City

Assembly.

* London," To-day.

HELP UP

SPECIAL TO CHINA MAIL.

A Quantity of BLACKWOOD FURNITURE Including:

Desks, Chairs, etc.

Joss tables, Tom poys, Jardinieres,

and

8 Sewing Machines.

2.Upright Pianos

1 Cash Registrar,

Business Donė:-1,020,000 shares,

Mar. 21. Mar. 22.

1,89; unquoted

Last To-day's

1 Baby Grand Piano

May

1.44 145 ∙152 1.62

Price Price

Market: Quiet

Air Reduction

04%

044

Allied Chemical & Dya,148: American Can ExAmerican Radiator

149

97

14%

American Smelting...

42%

118

COTTON. Cotton: New York Cotton

(By Telegraph, Copyright. Telegra. shio Messages Ordinance, 1896, le change; ceived March 18, 2.40 am.)

Washington, To-day;

Mar

* The White ⠀ Hoima yesterday May

Wh stated that?:: Présidant RooseveltĮ July will veto the Independence Office Oct. |Bill if the House of Representa- Dec."

en the Sesinteľa | Jan.

.11.30 11.90

.1192 11.93 12.08 12.05

1 Electric Gramaphone

"On View from Monday, the 6th,

98%March, 1934, A

Mar. 21 Range Mar. 22 Range American Tel & Tel...117%

·Tobacco "E", "67%. ¡American 11.82. 11:88. Amer.can Waterworks 20% 11,89 11.99 Anaconda Copper. Mining 1ân - 144 12.02 12.03 Auburn

Aviation 12.19 12.11 Borden Co

Bendic

12.18 12.19

12.16 12,16 .12,26 12.26

12.29 12.82 12.28 12.25 FETAM Pacific

The United Kingdom Govern- tires concurs ment have recently been in cor amendments restoring, the Federal| Hiddling-NA respondence with other maritime pay cuts and increasing the Veter Spot. 12.15 Powers regarding measures to ans' compensation labate the pollution of the BER

The House again, voted to stand and the coast and the damage to for a compromise on the veterans' "bird" and " fah. lfe caused by

the

compensation

May discharge of oll from ships.”

The Senate must either retreat July The Foreign Secretary, Sir John its stand for higher compensation, September Simon, In the House of Commons, or send the Independent Offices Total sales for the day yesterday, stated that as the re-Bill to conference again United

eplita received, the Bri- Preas, par 8. C. Gold Bar Co

ment were", informing

HE FO

of

SHANGHAI SHARES.

Quotations

12.15

Cam Caterpillar

National Bank Chrysler Motors Consolidated Gas of Curtiss, Wrighti

Terms:—Cash on Delivery/

LAMMERT BROS,

-Auctioneers,

Hong Kong, 23rd March, 1934

23

LONDON EXCHANGERS

16

60%

23% 28

26%

26%

Paris:

New York

6.1134

391%

Montreal

(11

Nemours

Brusgela

21.87

Geneva

15,77

Auto-lite

Electric Bond Electals Power [General"'", Electric

Gener

Amster

$7,56%

Milan

49%

212

Berlin

12.84

10% 10%

19% 19%

Vienna Stockhol Copenh Oslo

28.

WHEAT. Wheat: Chicago Board of Trade: Pont

"Mar.21, Mer, 28.

STY 87% 87% 88 883

10,000,000*16,000,000 *

buxbals

bushela AMERICAN GOLD PRICE: Internat

(WASHINGTON)WE

daar 21 Mar 21

Treasury Gold

{Internat:

"Ine Montgomery Ward 85,00 35.00 National Biscuits

National City Bank National Dairy Prod MMar. 19 Mar. 22 Oting Elevator ks),

Packard

228 18/16

Soco