BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Torpel and Polly Pald-99 w
Beserve Fundy-
*90 800,000
*****.. $16.0
Hansen Lipbility of Proprietors 820,000,00
-
HEAD OFFICE, HONOKONO.
BOARD OF DIRECTORS.
Hva. Kr... Mackle
Chakman
1. P. Warren, Ex. Deputy Chair
W. a. Kenick Est.
ti, Miskin, Eng.
THE CHARTERED BANK OF INDIA,AUSTRALIA & CHINA.
lucorporated by Boyal Charter, 1859.
HEAD OFFICE: LONDON.
THE CHINA MAIL.
ommerce and
Finance
COTTON, SILVER AND WHEAT
New York, April 17.
Mesura. Asia Lands. Ltd. have re- caived the following quotations on
MARKET EXPERTS
HOPEFUL.
Americans Advised. To Invest In Stocks.
SPECIAL TO CHINA MAIL
((By Teldgraph, Copyright. Telegra
the New York cotton and wheat phic Massages Ordinance, 1894, Be rubber, silk and silver exchanges ceived April 17, 8.14 a.m.)
Pald-up Capital
Reserve Fund
$3,000,000 £3,000,000
Beserve ability of Fro-
prietors
£3,000,000
Latest Quotations.
Agencies and Branches:
Alor Star
Пollo
Rangoon
Amritsar
Ipoh
Saigon
Bangkok
Karachi
Semarang
Batavia
W. 1. Bell. Req.
Kiang
A. I. Compton, Eng.
K. H. Morrison, Kag.
Bambay
Kobe
J. K. Pearce.
Calcutta
Kuala
Canton
Lumpar
Sitiawan
Gryburn, EM,
Campore
Kuching
Sourabaya
Cebu
Colorabo
Madres
Manila
Taiping Tientsin
Delhi
Medan
Tongkah
Haiphong
New York
(Bhaker)
+
Peiding
Teingiso
Hankow
(Peking) Yokohama
Harbin
Penang
Zamboanga
Hong Hot
Foreign Exchange
é, C. Knight, Esq.
AMOY
BANOTOI BATAVIA BOKBAT LAYOUTTA CANTON CITI POO OLLOMBO DAINEN FOOCTIOW
LITHONG HAMBURG HANIOW HARBIN
HONGKEW
notto
IPOR
10BOKS
KONE
KOWLOON
1.
Chief Matings.
BRANCITES
LONDON
LYONS MALACCA
MANILA
MUAR (Johor)
KULDEN
NEW YORK
PEIPING
MANGOOK
PENAND
KLIGON
BAN FRANCISCO
KUALA LUNTUR
SHANGHAI
SINGAPORE
BOTIMEBAYA
MURDEI PATANI
TENTOIN
TOZTO
TAYNOTAO
УСБОПАМА
Hamburg
on the Commodity Exchanges New York:
Closing Commodity Price April 16,
SILVER.
Inc...
Silver: Commodity Exchange Inc. of New York:
Apr. 14 Range Apr. 16 Range
45.25 45.30 General May....46.45 46.45 and
...46.80 46.90
Banking business transacted.
July
45.60 45.60
46.01 46.05 46.65 46.65
Current Accounts opened and Fix- Sept. ...47.25 47.25 ed Deposits received for one year or Dec.....47.80 47.83 ahorter perioda at rates which will be Total sales for the day:- quoted on application.
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1854.
411 contracts of 25,000 ozs. each
43 contracts of
26,000 oza. each
Market--Steady.
RUBBER. Rubber: Commodity Exchange
Ourmak Arorate opened in Is Ouro THE BANK OF CANTON, LTD, Inc. of New York: and Fixed Deposite mitad for one POW arser periode in Local Company and Harling a forma widak will in gebied in appliwchlaw.
Bong Kong, 13th April, 1934.
HONG KONG SAVINGS BANK.
The Duster of the chorn Bank is sandust-
od by the HONG KONG AND SHARURA! BANKING OURPORATION,
abiained an application.
FOR THE HONGKONG AKO BHANGRA! BANKING CORPORATION.
V. M.KORATRUNK.
Окей Жанные.
Hong Kong, 20th February, 1984,
SAFETY FIRST !
៨
To Safexturd Your Valuables
and Jewelleries.
Deposit them in
Vault
that in really: FIRE-PROOF
BURGLAR - PROOF
DAMP PROOF!
OUR SAFE DEPOSIT VAULT
located on the Mezzanine Floor Qur New building
of
Established 1912.
Head Office:—Hong Kong.
Krikoriand Capital (B.K. Currmey) ...811,000,000
4.645,000 1,180,000
*BAAKGB TM (-
Canton, thoughst Pankow, Bangkok,
and Roo Fromilione,
LONDON BARERE) --
'The Kleyd's Bank, Limited
CORRESPONDENTS
In all pelasipal pliler of the Torid.
Foreign Exchange and basking bostbe
arity discripligu senamnetud.
Safe Deposit Bonus' (various sipán) at a guarly cond of from 50 to $26.
LOOK POONG SHAN.
New York, To-day.
The prominent United States - economist, Mr. Roger Ward Bason, has predicted the con- tinuation of the stock market advance. He said that the building trades were-due for Important recovery.
The "Brockmire" business fore- per cast states, "we advise 100 cent, employment of investment funds in the market,”
The net income for the first quarter, of the American Tele- phone, and Telegraph Company, was U.S.$33,032,108. ng compared with U.S.$32,283,187 last year.
There is a net gain of 108,000 Apr. 14 Range Apr, 16 Range|new telephones us compared with May
....12.07 Bid
11.91 11.91
a gain of 32,000 in the previous: July...12.35 12.36 12.20 12.21
quarter and a loss of 340,000 in Sept. 12.61 12.62, 12.43 12.45
the corresponding quarter of last Standard No. I "B" Cantract. year.United Press' per S. C. Gold Total sales for the day:-
Bar Co. 280 contracts 582 contracts
SILK,
Silk: Commodity Exchange Inc, of New York:
Apr. 14 Range Apr. 16 Range)
1.26 1.26 May.1.27% 1.271⁄2
Sept. 1.29 1.29%
MCLEOD BILL NOT FAVOURED.
TUESDAY, APRIL 17, 1984.
New King Enters His Capital
The
King Lampold of Belgium raises his hand in salute to his subjecte as he enters Brussels on the traditions), ride after his coronation. entrance of the monarch to his capital city is emblematic of the kinde answer to the people what he come to their aid.
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations.
New York, Yesterday. Dow Jones Averages.
STOCK EXCHANGE CONTROL.
BOWEN RD. BUILDING SCHEME
Private Hotels To Come Down.
NEW PROJECT TO TAKE 18 MONTHS
Sanction has been given by the Government to the Hong Kong Land Investment Co., Ltd, for the carrying out of their proposed scheme on the sites now occupied by "Lauriston" and "Derrington,"
The new scheme will provide for up-to-date flat accommodation, but as the new buildings will not be completed for 18 months, no lists of prospective tenants is being opened for some time.
SUICIDE VERDICT
RETURNED.
Mr. H. L. Pereira's Tragic Death.
was re-
A verdict of suicide turned by the jury at a Coroner's enquiry at the Central Magistracy yesterday into the death of Mr. Hector Lawrence Pereira, who was
found dead under tragic circum- stances on the morning of March 13.
Margin Requirements ner, assisted by a jury comprised
Of 45 Per Cent.
SPECIAL TO CHINA MAIL #By Telograph, Copyright. Telegra
Last To-day's Changes,rhie Messages Ordinance, 1891. Re-
Aver Aver.
ceived April 17, 8.52 a.m.)
30 Industriais 105.64 103.57 1.47 down
49.57 20 Rails
54 down 49.03 $20 Utilities
26.21
25.71 .50 down
unquoted Morgenthau Disapproves 40. Bonds
1.281⁄2 1.29
Dec... unquoted
Chief Manager. |
SUGAR
Sugar: New York Sugar & Coffee Exchange:
May
THE BANK OF EAST ASIA, LTD.
Authorised Capital
$10,000,000.00
Paid-up Capital
5,598,600.03
Reserve and
Undivided
Profits
$2,484,000.00
HEAD OFFICE:-HONG KONG 12, Des Voeux Road Central
July
September Market:-Quiet..
1.39
3.43
1.48 1.46 1.53.
1.51
COTTON.
SPECIAL TO CHINA MAIL.
(By Telegraph, Copyright, Telegra
Commodity
Washington, To-day. Representative Rayburn states
94.79 94.61 18 down that an amendment, liberalising the Securities Act, has been Index
53.20 51.31 1.89 down submitted to President Roosevelt. Mesars. E. A. Pierce & Co. Re-
Mr. Rayburn said that Pre-
commodities and an air of
LOCAL DOLLAR
Mr. E. W. Hamilton sat as Coro-
of Mesars, R. H. Cain (foreman). P. G. Botelho and A. Abbas:
PRISONER DIES AT VICTORIA GAOL.
"Death From Natural Causes."
April 14 April 16 hic Messages Ordinaner, 189, Report:-"Selling this afternoon seem-sident Roosevelt is satisfied that An inquiry into the death of a
|ceived April 17, 9.14 km.)
ed Lo cause a general weakness in the Stock Exchange Regulation prisoner at Victoria Gaol, Tsoi uncer-Bill will present margain,require- Yun-sang, alias Tuoi Ping, aged 54, Washington, To-day-
tainty still hangs over the market, ments of 45 per cent. United was held by Mr. Q. A. A. MacFnd- Senator Fletcher yesterday said which will probably not be relieved Press, per S. C. Gold Bar Co.
yen at the Central Magistracy yes- that the Treasury Secretary, Mr.until there is more definite news
terday, the jury being: Messra, G. Henry Morgenthau, in a letter dis-about legislation at Washington.
A. Cruz (foreman), D. C. S. Alves approving of the McLeod Bill which it is thought that the market resist-
and Johnson Lee. provides for Government payment of ed the selling wave fairly well.
State national frozen deposita in
Wheat: General liquidation and lack banks, states:
of confidence and support caused "I have great doubt whether re-prices to decline steadily until near covery would be materially assisted the close when longs, sold freely. by the plan proßbsed."
Each dip uncovered the press
Cotton:
New York Cotton Ex. change:
Apr. 14 Range Apr. 16 Range
May.
.11.87 11:88 11.63 11.65 11.97 11.99 11.75 11.76
BOARD OF DIRECTORS:- Sir Shomson Chow, Chairman Specially Con-Li Kaon Chun, Esq. P. K. Kwok, E. July structed to provide all of these Im Wang Yun Tong, Esq. Chan Ching Oct.
Shek, Esq. Li Lan Sang. Esq. Wang portant Qualities.
Chu Son, Eng, and Kun Ying Fo, Eng. Dec. Jan. Mar.
Middling
Spot.12.10
Safe Deposit You may obtain a Box in this most up-to-date Vault for your own me at a very moder- ate Rental.
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner at Ice House Street and Des Voeux Road, Central.
Kan Tone Po, Erg, Chief Manager. Li Tee Fong. Esa. Manager.
.12.10 12.30 12.23 12.23 .12.28 12.29 12.38 12.38
11.87 11.87 11.97 11.98 12.04 12.04 12.10 12.10
BRANCHES AND AGENCIES --
11.80
-
Amoy
Batavia
Manda Melbourne
Scottie
Bombay
Nagunk
Calcutta
Canton
Hankow Honolulu
Halphons
New York Onaka Patia
Pelping
Кофе
Rangoon Saigon
Londua
San Felsco
Semarang Shanghal Singapore Sourabaya Swator
Taikoku Tientsin Tokyo Vancouver Yokohama
WHEAT. Wheat: Chicago Board of Trade: April 14. April 16.
May July September
843%
BO
84%
80%
8544
814
Total sales for the day:-
20,000,000
bushel
10,000,000 bushels
THE BANK OF TAIWAN, LTD. Kowloon
(TAIWAN GINKO.)
HEAD OFFICE:-Talpek, Formosa Incorporated by Special Imperial Charter, 1830.
Central Bank is For
Penang
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Loca Back Polen lassed Average smorak „„Tan, is Currency and Fixed Deposits received On and after August 10th, 1933, the for one year or shorter periods En rate of Interest on Special Current local and Forelen Currencies on Deposit will be at 2% p.a. on daily terms which will be quoted on appl balance and the rate for balance overcation. $10,000 will be quoted on application.! (Maximum rate-1).
LONDON BANKERS
Barclays Bank. Tad, Lloyds Bank, 158. Misand Bank. Ltd, Westminster Bank. Subd.
The Bank bar Borrespondants in all the writerpt Inmarsal Ortowe skroughout ska moeld.
HONG KONG BRAMOBI
K. MAGUNA.
1. Du V Band Oostend
Eng sag. Donember 1, 1981.
Safe Deposit Boxes To Let
KAN TONG PO.
Chief Manager. Hong Kong. 1st March, 1934,
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office:-65, Broadway, New York.
THE YOKOHAMA SPECIE BANK Capital
LIMITED.
Established 1880
Capital (fully paid-up) Yen.100,000,000 | Reserve Fund"
Branches and Agencies at: Alexandria
Surplus Reserves
.U.S.$6,000,000.00 .U.S.$1,867,089.1.7 .......U.S.$1,718,979.67
Pelping Pularme KOHLADEND
AMERICAN GOLD PRICE:
(WASHINGTON).
of
DECLINES. "Spot Silver Steady.
Deceased was found lying un- concious in his cell at 6.26 am. on Sunday, and was admitted to the hospital where he died yesterday.
A post mortem examination re- vealed a large hemorrhage in the left side of the brain. There was steady, no sign of any injury whatsoever
The local dollara has de clined opening at 1/5% this morning.
He calls attention to the fact that stop-loss orders. Cotton: There is the expenditure would be unjustified no particular news in the cotton Spot silver remained because a very high percentage of trade to account for the lower mar-while forward silver advanced to the akull, external or internal, frozen angela belong to a amali perket. The sell-off was in sympathy 1/16, closing yesterday at 20% and Death was due, in his opinion, to centage of depositura.--United Press with other markets. Silver: Prices 20%, respectively.
cerebral hemorrhage or a stroke, Der S.C. Gold Bar Co.
broke sharply after a firm opening, The London on New York cross-jas it was commonly called. reflecting the wave of general liqui-rate closed at S-U.S.$.15% as A verdict of "Death from NR- dation following the announcement compared with -U.S.$6.18% on tural Causes" was returned. credited to Speaker Rainey that the Saturday, while the New York on HUGE LOANS TO U.S. President was opposed to silver London rate closed at £-U.S.-
FARMERS.
$1,100,000,000 Since May, 1933.
SPECIAL TO CHINA MAIL.
legislation at this Session of Con- $5.15% against U.S.$5.164 on gress because he wants to work out Saturday. fully the present silver purchase. plan of the Administration.
Business Done:-1,290,000 shares.
Last To-day's) Price Price
*
Apr. 14. Apr. 16. U.S. Treasury Gold
Price. Der R.
$35.00 £35.00 NEW YORK METALS
Apr. 12. Apr. 16 phie Alemages Ordinance, 1884, Re-Allied Chemical & Dye 150 Copper, Det, per lb. 7.06 7.75 ceived April 17, 1.54 p.m.) Tin. Oct., per Ib... 55.60
EXCHANGES,
TO-DAY'S QUOTATIONS.
64.90
(By Telegraph, Copyright, TelegraAir Reduction
... DT
974 148
American Can American Radiator
.104
102
... 15%
1514
44%
43%
119
រ
2014
51%
16% 10
484
18%
1844
23
16%%
71
Washington. To-day. American Smelling The Federal Trade Commission American Tel & Tel...1220 has reported that U.S.5927,588,968 American Tobacco "B" . 72% worth of proposed socurity Issues American Waterworks 20%
Anaconda have been registered since last July,
Copper Min- ing of which U.S.4617,486,153 have been Auburn approved for sale, U.S.$7,765,287 re- Bendix Aviation |jected, U.S.$56,622,827 withdrawn, Borden Co.....
and U.S.$246,715,377 are still under Canadian Pacific
J. L. Cane consideration,
Caterpillar Co Chase National Bank Chrysler Motors
Gas of Consolidated
The Farm Credit Administration states that it has loaned U.S.$1,100,- 600,000 to farmers since May, last year. United Press, S.C. Gold Bar Co.
Stock Report.
General Motors
RECEIVING ORDER VALIDITY.
Sequel To Tai Hing Co. Bankruptcy.
PARTNERSHIP DISPUTE
PRISONER VICTIM OF PNEUMONIA. Coroner's Enquiry Held.
A verdict of death from natural causes was returned by the jury at Coroner's inquiry held at Central Magistracy yesterday into the death of Li Hing, a prisoner at Victoria
The Chief Justice, Mr. A. D. A. Gaol, who died yesterday afternoon. McGregor, at the Supreme Court Mr. Q. A. A. MacFadyen acted as this morning, granted an order on Coroner and the jury empanelled a motion by Mr. F. C. Jenkin, K.C., consisted of Messrs. G. M. Hall instructed by Messrs. Denny and (foreman), A. Popple and L'Haroon, 224Co., that an issue will be tried bu Deceased was serving a sentence 161⁄2tween Chin Yue-sum and Mr. H. G of three years' hard labour for robe 67%
Macnamara, the Trustee in Bank-bery and a further four years' for 31% 30% 2914.20
ruptcy of the Tai Hing Knitting attempted kidnapping. He was ad- Company, respecting receiving mitted to the prison in April last order 19, of 1933, on the Tal Hing year and on March 28 last was ad- Company.
mitted to hospital suffering from
22%
On London
T. T
1/5
On demand
1/5% Four months' sight 1/5 Credits 4 months'
sight
1/6/
On New York----
B
On demand
87%
Credits 60 days'
aight
8914
On Paris-
BRANCHES
On demand
675
Amalurkan
Yen.122,750,000 |
Head Office:—YOKOHAMA
Berlin Balay
Gems Gabon Hotnes Hamburg Modelberg
Mxico City Mic
Credits 4 months'
N. Y. Custian Wright Du Pont de Nemours Eastman Kodak
91% Electric Auto-lite Co.. 27% Electric Bond & Share 17%
384 37
4 .97%
96
'92
26
104
Naples
sight
€15
Pisaca
On India
Paris
On TT. and demand 97%
H.K. SHAREBROKERS' ASSOCIATION.
Electric Power & Light 7% General Electric General Foods
2244
841
844
3844
On Shanghai-
Gillette Safety
vered
On demand
1101⁄2
Gold Dust
87% 10% 10% 214
Dairy
Leat
От Зарал:-
Internat Harvester Internat Tel & Tel
20%
40%
14%
14%
On demand
124
Colesbe
Dibila
· Kalaburgh
Magnolian
Mazlla
Montres
Thorina
On Manua
On demand
75
E
Tokohama Zerlas
|On Singapore--~---
On demand
62%
Banks $1885 Bellers,
Sharighal Singapore
Semarang
Ban Francisco Seattle
On Batavia-
Antamáks 72 els, Bellers
On demand
55%
On Saigon
Bales.
Tientele
Tokyo
Commercial Banking All classes of Transactions undertaken.
On demand Personal Investment accounts Bovereigna bank ba handled
On demand
573
On Bangkok-
128
*$1114 Sellers.
ing rate
1/87/2
Bar Silver per oz.
2014
Patre
Bar Silver in Hong
Kong Copper Caah...................
Batavia
Berli
Bombay
Calcutta
Canton
Nagasak Nagoya
New York
Osaka
Parla
Peiping Rangoon
Dairen (Dalny) Fangtien (Mukden) Rio de Janeiro
*Harkow
Hamburg
Hang Look
Honolula
Hainking
Karachi
Kobe
London
Los Angeles
Branches of American Express Com pany in Principal cities of United States of America and Canada,
Tsingtan Manila
Yingkaw
The Company offers to intending Moji
Travelers the use of its #TraVKİNESİ Interest allowed on Current Au-Cheques” and Letters of Credit and, conta.
in addition, the worldiaride service Deposits received for fixed periods of ita thoroughly equipped Travel De at rater to be obtained on application.|partment.
C. KISHINAMI,
Hong Kong, 11th April, 1934)
Manager
EW. DUGGAN, !·
The following report was issued Liggett & Myers "R" by the Hong Kong. Shurebrokers' Loow's Inc: Association on April 16:
ery Ward
Biscuit
A receiving order was made fever. He developed pneumonia. against the Company in May 1933, from which he died.
and in July 1983, a receiving order
was made against Chin Yue-sum,
who inherited a share in the face SHAMSHUIPO LAND
tory from his father, in. respect to ja. block of land owned by him
known as remaining portion Inland Lot No. 520,
of
Mr. Jenkin is disputing that 00% Chin is a partner in the firm, and 34% 23% the validity of the receiving order. 31 30% 45%%
National Dairy Producla 15% 16% Otis Elevator
1532 15%
Baguio Geld 42 eta. Sellers: 1 cts. Pacific Gas & Electric. 19% 19%
Bang Explorations. 22. ets. Buyers.,
City Bank 20%1 29% COUNTERFEIT TEN
CENT PIECES. Thirteen Said To Have Been Picked Up.
Big Wedge 11 fets. Buyers: 1cts. Radio Corpn
Bollers
Lighta
Old $1.80 BuyérK..
$25 Bellery,
Fold #223/ Boyars.
„New £121/" Bullen. not
Cements Old $2.50, Burkan. Copper Cents ...... 1% prem
Cements New 8.30 Bayers. Rate of Native Interest 84% pa
Dairy Farma: 12634) Ballen. Chinese Bub. Coin ... 81% dia. Donstruction New 70 cts
Constructions OL 10
Buyers, Hong Kong Sub. Coin para
Gold Bonds 86% Buyers
Packard Motors Pennsylvanis Bly
35%
84
444
Bears.
40%
48%
Trans-America
Bocco Corpn 16% / 102% Blandard Brands
21% 21% Standard Gas Standard Oil Co of NJ. 45% Texas COTTA
20
Union Carbide & Carbon 15
Uriion: Pacifo
181
United Air, & Tranepo
23.
0%
United Corp de
AUCTION.
Mr. Shum Kee Buys At $3 Per Sq. Ft.
Two lots at Shamshulpo were auctioned at the offices of the Pu
blic Works Department yesterday.
At $3 per sq. ft., a rectangular section bordering on Tung Chau Street, with an area of 2,602 sq. ft.
was purchased by Mr. Shum Kee,. of 146 Kiu Kiang Street and a ac- cond lot, registered as New Kow- Charged with possession of 18 loon Inland Lot No. 1974, was of 1244 44% counterfeit Hong Kong ten cent fered at $250, and was purchased 2014 pieces, Pau Sing, an unemployed at this rate by Mr. Keng Sun, Po
Chinese, told Hr. Q. A. A, Macted-well's Building, who paid a total of 11yed at the Central Magistraty this $2,700,
Both lots are held from the 22marning that he picked them up.
*
Inspector James pointed out that Crown for a period of 15 years, United States Steel • 62% 51% the coina werd obvious counterfeita, with option for extension for à für»
Bentence of "three weeks hard the period of 24 years, labour was impóééd.”
Westinghouse 14,
No comments yet.
Private notes are available after approval.