1934-03-27 — Page 6

BANKS

HONG KONG AND. SHANGHAI BANKING CORPORATION:-

Zoveel and Tilly Pall-up some 30,000,000

Kaverre Panda 2-

สม

6.300.000

WİTH 30,

THE CHARTERED BANK OF INDIAS AUSTRALIA & CHINA.

Incorporated by Royül- Charter, 1853.

HEAD OFFICE: LONDON,

Becerre Lakilty of Proprieters 820,000,000 Paid-up Capital

HEAD OFFICE, KONOZONO.

BOARD OF DIRECTORS.

Hon Mr. 04.5 Mackie

Obairman.

3. IL Warren, Roq, Dignty. Chaireonu.

W. 1. Bell, Euq,

K. H. Meron, Big.

A. I. Comptos, Em.

. Miskin, Key,

C. C. Kaithi, Kuq.

AMOT

KANO KOK

BATANTA DOUBLY CALCUTTA

CANTON

CHEFOO

COLOMBO

ΠΑΤΑΡΗ

NAIPHONG

Hon. Mr J. J. Paterson T.. Pearce

T. M. Graybarn, Xoş,

Calal Manager.

BRANCHES

LONDON LYNXB MALACCA MANILA

TAB (Johor)

MURDEN

NEW YORK

PETPING PENANG BANGOON

XUALA LUMPUR

BATCHIN

WANNUNG TAXKOW HARDIN

SAN FRANCIRON

SHANGHAI

КІНПАРОВЕ

RONGKEW

TLANTA

YPON

JORDRE

KONK

XOWLOON

MOTTRADAYA

BUNGI PATANI

TINTRIN

TOKYO

TEINOTAO YOKOHAMA

Correct Aromerie opensé in Loà. Osiraday Pined Depoelbe received for con your or ekarter perioda is Loral Company sal Kimling o term "Which will be quoted in application. Hong Kong, 20th February, 1934.

HONG KONG SAVINGS BANK.

The Basson of the shere Bank ja conduei

nd be tha HONG KONG AND SHANGHAI MARKING CORPORATION.

Mall application.

FOR THE SONGZORÚ AND SHANGHAI BAXEINO CORPORATION.

V. M. OKAYBURY,

Chal Kangur.

Hong Kong, 26th February, 1934.

SAFETY FIRST !

To Safeguard Your Valuables and Jewelleries, 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 is 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 modar- sto Rental.

Inspection Cordially Invited.

Reserve Fund

Reserva Liability of Pro

prietors.

THE CHINA MAIL.

ommerce and

Finance

WORLD CAPITAL £5,000,000 FOR AMERICA

£8,000,000

.25,000,000

Agencies and Branches:

Alor. Star

Illaito

Rangoon

Amritsar

Ipah

Saigon

Bangkok

Karachi

Batavia

Bombay

Klang - Kobe

Calcutta

Kuala

Cauton Cawnpore

Colombo

Delisl Haiphong Ramburg Hankow

Harbin

Hong Sour

Rucher

Madres Manfa Medan

Semarang Seremban Shanghal Singapore Sitiawan Sourabaya

New York

Tongkak

(Bhuker)

Peiping

Tsingtao

(Peking) Yokohama

Penang

Refuged In France During Depression.

EUROPEAN GOLD" LOSSES.

SPECIAL TO CHINÄ MATE (By Telegraph. Copyright. Telegra phie Mentages Ordinance, 1884 ceived March 27, 3.02 am.) ·

Washington, To-day,

NEW YORK STOCK EXCHANGE

A.OF.C. Quotations.

New York, Yesterday. Dow Jones Averages.

Last, To-day's Changer

30 Industrials 100.92, 100.85. -.03' up. 20 Ralls WHAT LEAR

$7.81 .08 down 20 Utilitie

92.55 92.85 31. up 40 Bonde 37 26.34 01 down

Commodity

Index

54.01 63.95.06 down Messrs.-E. A Pierce & Co. Re- The Federal Reserve bulletin port:-We cannot see that the mar ket has essentially changed and con. Zamboanga states that millions of dollars ofditions, for the moment, appear to world capital which was refuged offer but little encouragement to

Foreign Exchange and General Banking business transacted.

in France during the financial un-anyone who wants to take a positive

Current Accounts opened and Fix certainty is beginning to return position. Whest The new Code ed Deposits received for one year or shorter periods at rates which will be home with the appearance of more quoted on application,

W. H. E. THOMAS,

Acting Manager.

Hong Kong, 20th February, 1934

THE BANK OF CANTON, LTD.

Established 1912,

Head Office:-Hong Kong.

Abiberleed Geelial (BLR. Orsay) 911,00€, Pull-Up" Capital semar Boers Fund man

1,100,000

Cumbai, Bankow, Bangkok,

LOEDOR BANKERS 200 The Lloyd's Bank, Linthol. CORRESPONDENTS

is a planipal elties of the World. Farsign. Szabongo nad banking horde of every description texamaisi.

Mala Dogaila Borse (various skammað að à jourly

LOOK POONG SHAN.

Chief Manager.

THE BANK OF EAST ASIA, LTD.

Authorised Capital $10,000,000.00) Paid-up Capital .... $ 5,598,600.001 Reserve and Undivided

Proits

$2,434,000.00

HEAD OFFICE: HONG KONG 12, Des Voeux Road Central

BOARD OF DIRECTORS:-

Sir Shouson Chow, Chairman.

L Koon Chun, Esq.

P. K. Kwok, Esq.

Wong Yun Tong, Esq. Chan Ching Shel, Esq.

Li Lan Sang, Esa.

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

stable conditions.

Bill is curtailing short-selling, but licensing of commission houses to- gether with moisture in the South In February, the United States West, caused renewed liquidation. acquired U.S.$400,000,000 worth of Statistics are, moderately bullish. Cotton; Southern, selling and scat- gold from foreign countries due to tered liquidation was absorbed by the U.S.$36 per cent ounce price. broad trade and Japanese demand. In February, the Bank of France Silver: Prices moved within a nar- row range and the market was fea- lost more than U.S.$204,000,000 tureless July, and September, con- worth of gold; the Netherlands, [tracts' were exchanged at a differ- lost U.S.$87,000,000 worth; Switzer-ence of 85 points.

and lost U.S.$83,000,000 worth; Germany lost U.S.$17,000,000 worth, and Belgium lost U.S.$0,- 000,000 worth-United Press, per S.C. Gold Bar Co.

STOCK CONTROL

BILL IN US.

Business Done:-1,286,000 shares!

Arr. Keducation

Allied Chemical & Dye 149 American Can

| American Radiator

American Smelting

Anaconde Copper Mining 14%

ta

As Tenement Fire Raged

די .

Risking their lives in an attempt in jave the inhabitants. fremen am shown in the above picture rushing up and down their long ladders as a raging fire guited an old-style New York East Side tenement building at the cost of more than half a dozen lives.)

H. K. FIRE INSURANCE CO., LTD.

(Continued from Pase 9.)

fact, clearly before you by means of the Note that has regularly ap peared in the printed Report and Accounts, ever since the payment first

Last To-day's Price Frien

94

944

148%

9814

9834

技

43

American Tel. & Tel.

14 42%

119% 110%

เบ

American Tobacen "B"

·

68%

68%

American Waterworks

21

14%

6352

53%

Bendix Aviation

19 194

Borden Co...

22%

22%

of an Exchange Bonus was Inaugurated in the year 1931.

$10 Dividend.

Canadian Pacific

17% 16%%

70%

70%

294

30

Chase National Bank

20%

27%

Chrysler Motors

52

44

96

8834

87

28%%

Auburn

J. I. Cane

Roosevelt Names Two Caterpillar Co.

Objectives.

CURTAILMENT OF SPECULATION

AND GOVERNMENT SUPERVISION

Washington, To-day.

Consolidated Gas of N.Y. 39%

Curtiss Wele

Wright

Du Pont de Nem

Nemours

Eastman Kodak

Electric Auto-lite Co.

Electric Bond

& Share 17% Electric Power & Light 7% General General Electric

Foods

President Roosevelt has sent letter: to Congress demanding the General Motors enactment of a stock control Bill|S"

Kat Tong Po, Esq. Chief Manipur,with "teeth in it,"

LA Tee Font, Esq. Manager,

BRANCHES AND AGENCIES:--

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

Amoy

Batavia

Manila Melbourne

Seattle

Semarang

Bombay

Nagasaki

Shanghai

Calcutta

New York

Singapore

Canton

Osaka

Sourabaya

Paris

Swatow

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

Ronolulo Kobe

Penang

Rangoon

KOWIDOD London

Saigon

HEAD OFFICE-Taipeh, Fermoa Incorporated by Special Imperial

Charter, 1890,

Central Bank in Formões Bakh-Myta imesed Averses ammeni ...Ton. 44,DAB SON

On and after August 15th, 1933, the rate of Interest on

Pelping Byudey

Talhoku Tientais Tokyo San Felios Vancouver Yokohama

Every description of

Exchange bag/ress transseng and

granted on approved securities,

Loans

Current Accounts opened in Local Currency and Fixed Deposits, received 2% p.a. on daily Local

Deport will be at 20cial Current for one year or shorter periods in |

and Foreign Currencies on balance and the rate for balance over terms which will be quoted on appli- $10,000 will be quoted on application,|cation. (Maximum rate-14%).

LONDON KIRKE

Maclays Bank, Lid, Lilbyde Bank,, 148, Midland Bank, kid, Warnuntie Bokk, Kab.

The Beah has Corrsepowderte la all the pelasigul Jowell Dentros throughout, the wild. 1. FAGURA.

MONG" KONG BRANCH ↑

- 1. Der Vors Band Centre.

Emg sig. Desember 9, 1961

Safe Deposit Boxes To Let.

KAN TONG PO,

Chief Manager. Hong Kong, Lat March, 1984.

THE

AMERICAN EXPRESS COMPANY,

INC

Head Offee65, Broadway, New York.

THE YOKOHAMA SPECIE BANK Capital

L..

LIMITED.

Established 1880

U.B.88,000,000,00 .......U.A.$1,867,089.17.

Reserves........U.S.$1,718,979,67

Surplus

Amaran

BRANCHES :--

Base Gleager

Yen.122,750,000

Apart Brale

Martia

Bombay

Capital (fully paid-up) Yên.100,000,000 Reserve Fund

Head Office:-YOKOHAMA

Branches and Agencies at:.

Mxiaca City

Gillette Safety Gold Dust Internat. Harvester

Calling attention to the highly or-Internat. Tel & Tel.

Ine

President Roosevelt declared, that

ganised drive against legislatia

WATE Ward

he had two principal objectives.

1.

The requirement of mar.

gins so high that speculation. would be, of necessity, drasti- ∙cally curtailed.

2. The granting to the Government of powers of super- vision so that the Government itself would be able to correct abuses arising in future.-Reu- ter.

PRESIDENT URGES SPEEDY PASSAGE.

Federal Supervision Of Stock Exchanges.";

-Biscoit

National City Bank

Olis Elevator

COTTON, SILVER AND WHEAT

Latest Quotations.

NEW YORK COMMODITY MARKETS

New York, Mar: 27.- Messrs." Asia Lands Ltd. have re

The surplus to' be dealt with at this Meeting is $502.180.22 the

ceived the following quotations of balance of Account 1932, and we' sax recommend the payment of the New York cotton and wheat. 55% Dividend of $10 per share, to rubber, silk and silver exchanges

4% gether with an Exchange Bonusn the Commodity Exchanges Inc. 95% of $1, making in all $11 per share

28% which will absorb $440,000 and New York:

17

ARCH

BANK HOLIDAYS

Accordance with Governmnes “ Ordinance,” THE EXCHANGE [BANKS will be CLOSED for the Transaction of Public Business on FRIDAY, SATURDAY, and MON~ \ DAY, the 30th and 31st March and the 2nd April, 1934, (Easter Hall- daya).

Hong Kong, 26th March, 1934.

'REMOVAL NOTICE

We have this day removed our. store to

No. 29 DES VOEUX ROAD,

"CENTRAL

Near the Badlo Oßce, (Opposite, our former location)

ATACE & CO.,

Photo Supplies, Developing, Etc.

MID-LEVELS RESIDENTS

THE

ASSOCIATION.

NOTICE.

ING will be held in the Board Room of Messrs. Shewan, Tomes & Co. 8A Des Voeux Road, Central.. Hong Kong, (by kind per- mission) on WEDNESDAY, the 4th day of April, 1934, at 6.30 pm. BUSINESS

1. To receive the Report of the Committee, and a Statement of Accounts for the period ended 31st December, 1933, 2. Election of Officera... 8. General.

T. A, MARTIN,

Hon. Secretary,

Hong Kong, 27th March, 1934.-

INDO-CHINA / STEAM: NAVIGATION CO., LTD.

THE FIFTY-THIRD ORDINARY

G GENERAL MEETING of the Company will be held at the Offees of the General Managers, Mesara, Jardine, Matheson & Co

the transfer of the balance of Closing Commodity Price on Ltd., Pedder Street, Hong Kong, on

7% $62,180.22 to Reinsurance Fund: March 26, 21%

You will bear in mind that since

we last met the share of the Com 10% pany have been split into five, for

SILVER.

Silver: Commodity Exchange Inc. the convenience of Shareholders, of New York:

sax and Bonus that we now

recom-

and consequently the Dividend Mar. 24 Range Mar. 26 Range

May ....45.96 46.05 46.02 46.02 31% mend are identical with those de-July ....46.40 46.40 46.40 46.40. 40.72 46.72 clared last year on the old shares, Sept....46.90 46.90.

.....47.05 47.66 || 47.82.47.32 A review of the Balance Sheet Dec.

Total sales for the day:: 15 will show that all our Funds are

15%

in a highly satisfactory condition 38 contracts of 58 contracts of 19% the total of Assets, as expressed 25,000 ozs. each 25,000 cza, each

34% in Sterling, shows an increase

Market: Steady.

21

83%

8772

10%

10%

18%

41%

414

14%

& Myers "p

32

32

82

42%

28

27%

National Dairy Prod.

15%

15%

Pacific Gas & Electric

19%

Packard Motors

5%

Pennsylvania Rly,

34%

Sears Roebuck

472

474

over

Radio Corpn. **

7%

Standard. Gas

Socony Vacuum Corpn. 16% Standard Brands

16%

the year 1932 · of £65,000 while, as expressed in local cur

21%

13

13

Union Carbide & Carbon 48 Union Pacific

Co. of NJ. 45% Standard Oil Техав

Corpn. Trans-America *******

derably. higher rate of Exchange

45

264

26

only approximates $550,000.

Mar

43%

128%

124

None of the Reserves call for May special mention by me, except July

United Air & Transport 24% United. Corpn.

29%

change -Fluctuation

6%

6%

United States Steel Westinghouse E. & M., 37%

BID-t

62

51% 88

which stands at the very substan- tial figure of: $1,508,880,81 and (provides ample protection for both

market fluctuationa

EXCHANGES.

SPECIAL TO CHINA'MAIL. (By Telegraphy. Copyright, Telegra- phic Meanages Ordinance, 1894 Re-. On demanders ceived March 27, 8.88 a.m.):

* Washington, To-day Proaldent Roosevelt has

sent a letter to Benktór

cher and Representative burn, arging the passa

the Federal supervision stock exchanges, this semion--Dalt ed Press per A.; C. Göld. Bİ Co

RUBBER Rubber: Commodity Exchange 21% rency, the reduction, at the consi-inc. of New York:

Mar.24 Range Mar. 26 Range 1.11.00.11.00 10.90 10.92) .11.11 11.12 11.00 Bldg:

WEDNESDAY, 11th April, 1934, at noon, for the "

purpose of res celving the Beport of the Direc tors, passing the Accounts, and electing Directors and Auditors

The TRANSFER BOOKS of the Company will be CLOSED from the 4th April to 25th April, 1984, both days inclusive, or

By Order of the Board, JARDINE, MATHESON & A

CO, LTD.

General Managers. Hong Kong, 26th March, 1984.

11.40: 11.42 11.30 11.82"

1000 SURPRISES

AND SENSATIONS:

perhaps the Investment and '."Er Standard No. 1 "B" Contract.

Account Total sales for the day:

234 contracts 412 contracts

SILK.

Bilk: Commodity Exchange Inc, "of

In the valus New York:

Jof our Investments, and all 'poss!-

ble vagaries on the part of change.

Usual Staff Bonus

Mar 24 Range Mar. 26 Range

1,38% 1.35 1.35 1.88)

· SUGAR.

Sugar: New York Sugar & Coffes

Market

Cotton;

1.57

COTTON,...

Ex-Mar.

TO-DAY'S QUOTATIONS.

On London-

T. T

1/5%

·1/6%

Four months, sight 1/6

Credits: 4 mont

sight On New

#:1/6

I trust you will approve of the usual bonus of 15 per cent of Exchange: their salares being granted to members of the Staff, who hav one, and all worked well during the past year,

May

July

On demand!

188

Credits 60 days*

sight

I do not think there is anything further that calls for particular mention by me, business continues

On Paris -

On demand

1575

Credits 4 months

Right

625

12.10 12,11

On India

12.24 12.25

12.28 12:25

1. On T. T. and demand 98%

$12.85 12.36

12.34 12,85

Da Shanghai...

$12.40:12:40

12.40 12.40

on demand

11014

may spread and

bring.

12:49 12.49

On Japanime

measure of prosperity to the tire World

Spot

12.20

PA? Officers Elect

WH

The adoption of the report and Faces:

Wheat Chicago

63%

was seconded by Mr. It brbya, and carried: ubani""

Alexandria

Batavia

Berlin

Bombay

Calcutta

Cantan (Dalny)

Nagasaki

Nagoya

New York

Orake

Fengtien (Mulden) Els de Janeiro

San Francisco

Hamborg

Hankow Harbin

Hong Kong

Honolulu Hainking

Koba

London

Zos Angeles *Manila "Mojj

Interset

counts:

·Deposita recal

Peiping

Branches of American Express Co pany in Principal cities of z United States of America and Canada.

classes of Commercia Transactions undertaken.

handle

The Com

BILL WITH "TEETH

IN IT

President Demands " Enactment.

Washington, Zo-day massage demanding the

tent of a Stock Exchange Bil

In It has been sent

|Roosevelt

On demand |On Hanlig==" On demand On Blagapo On dema On Bath

On dem On

to be most dificult and not the changeis least part of our anxieties is that |connected with the investment of May

the Company's Funds We can only hope that the lightening" of Oct.. the dark clouds of depression, alc |ready visible, in certain" ↑

New York Cotton Ex-

Mar 24 Range Mar. 28 Range

$12.00 12.02 11.09.11.89

12.12.12.18

FOOTLIGHT PARADE