BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
sim $30,000,000 Lowed and Fally Fald-89 $8,000,000
1.300.000
Momets Liability of Propria #20,090,000 HEAD OFFICE) BONGRONO:
BOARD OF DIRECTORS,
THE CHARTERED BANK OF.. INDIA, AUSTRALIA & `CHINA.
Incorporated by Royal Charter, 1855. |
་
HEAD OFFICE: LONDON.
THE CHINA MAIL,
ommerce and Finance
COTTON, SILVER 1 NEW YORK STOCK
AND WHEAT
Latest Quotations.
New York, April 20 'Mesara. Asia Lands Ltd. have re- caived the following quotations ov the. New York cotton and wheat. rubber silk and silver exchanges on the Commodity Exchanges, Inc. New York:-
Paid-up Capital"
Reserve Fund.....
£3,000,000 .£8,000,000
Reserve. Liability of Pro
prieborn
£8,000,000
Agencies and Branches:
You My 4,8. Machin Chairman.
Alor Star
Mollo
Rangoon
Amritsar
Ipoh
Salgon
Bangkok
Karachi
Batavia
Klang
Bombay
Robe
Calcutta Kunia
Canton
Lumpur
Сандроге
Kuching
Semarang Seremban Shanghal Singapore Sitiawan Sourabaya
Hadres
Colombo
Manila
The Tat Haiphong
Modaz
Tongical
New York
(Bruker)
Hamburg
Felping
Tsingtao
Hankow
MANILA
Harbin
Penang · Zamboanga
MUAB (Johor)
Hong Kong
Foreign Exchange and General Banking business transacted.
May
W. U. Bell Bag.
3, P. Warren, Kaq.
Deputy Chal
A. 17. Campion. Est.
W. J. Harwick Raq.
C. C. Koight, Engi
0. Miskia, M.
K. Sinon, Raq,
T.-M. Ornybara, Bog.
Calul Maunge.
BRANCHES-
LONDON LYONS
Ꮮ .
AMOY BANGKOK BATAVIA
BOMBAT
CALOUTTA CANTON CHE700
COLOMBO
DAIREN
POOCHOW HAIPHONG KAMBUNG MANIOW HARBIN HONOKEW
TLOILO
E
HOBA KOWLOOK
MURDEN
NEW YORK
PRIPING PRBANO RANSOON
SAIOON
DAN FRANCIROO
KUALA LUMPUR
MILANOBAT
HINGAPORE
FOMPARATA
RIJNERI PATAXI
TIENTEIN
TOKTO
14ANGTAO
TOKOHAMA
Darren be opened in Level Carroney sed Fixed Depoelle received for who you akarter perioda la Toompany und Sievitsg wem which will he quoted as application. Hong Kong, 13th April, 1934.
HONG KONG SAVINGS BANK.
The Bories of the abore Bank is sonduak- now £5m 7[1]NI ZONG AND SHANOMAI BANKING CORPORATION. Balso may -be shelved on appllcaldut.
FOR THE ROMOKONG AND CHANOMAT BANKING CORPORATION.
T. M. OBAYBIEN.
Hong Kong, 26th February, 1934.
SAFETY FIRST !
To Exferuare Your Valuables and Jewelleries. Deponit them in Vasit that in walle: FIREPROOF BURGLAR-PROOF DAMP - PROOF !
OUR SAFE DEPOSIT VAULT
(Peking) Yokohama
Closing Commodity Prices April 19,
SILVER. Silver: Commodity Exchange.Inc. of New York?
Apr. 18 Range
45.26 45.25
Current Accounts, opened and Fix. July45.60 4.60
1
Apr. 19 Range 45.60 45.60 46.00 46.00
·46.86 40.40 ed Deposits received, for one year or Sept....46.00 16.00 shorter periods at rates which will be Dec 46.60 46,60 46.90 47.00 quoted on application.
Total sales for the day- 216 contracts of 104 contracts of 25,000 ozs. Each 25.000 ozs. each
Market: Steady.
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1934. THE BANK OF CANTON, LTD.
Established 1912.
Head Oce:-Hong Kong.
*RUBBER.. Rubber: Commodity Exchant
Inc. of New York:
Apr 18 Range Apr. 19 Range
11.97 11,97 May12.09,12.09
12.38 12:38 12.25 12.28 Sept. 12,60 12.60 12.52 12.53 Standard No. 1 "B" Contract, Total sales for the day:-
404 contracts. 395.contracte
& Oxbal (1. OrJuly
Rangers Fund
1,160,000) "Taakow, Bangkok,
*
Canton
ab Fon Frendama, LONDON HANKERS |-
The Lord's Baal, Limited OGELEA PORDENTA
In all principal eltine of the World.
Jorvige Erbange anë barking bentaurs of very option insancial.
· Deposit Borse (variose slots) al i paarly ente) of from û ba (46.
SILK.'.
EXCHANGE
A.0.F.C. Quotations:
New York, Yesterday,
.Dow Jones Averages.
Last To-day's Changes.
Aver. Aver.
30 Industrials 1205.45 105.52,07 up 20 Kaila 20 Utilities 40 Bonds
Commoditý
49:95 · 50.38 42 up 26:41 20:40 .01 down ...94.39 95.08.19 up
re-
Index....... 51.15 60.00 55 down Mesars. B. A. Pierce & Co Re- [port:-The highly selective aptly- termed investment market list had
in the face of sharp breaks in the two tests this weeks, but held firm
Washington grain market, ports continue to feature the ef forts of the Silver Senators and. their Congressmeno further cause with the Administration in connection with which & confer- jente has been arranged for Satur
day. Wheat: There was renewed liquidation, the Trade being dis- turbed by Secretary of Agriculture Wallace's statement to the effect that domestic and world prices of wheat tend to come together, dur- ing the present year. There was
Silk: Commodity Exchange Inc. of New York:
Apr. 18 Range Apr. 19 Range LOOK POONG SHAN.
1.26 1.25% Chie! Manager. May...1.26 1.27
Sept 1.29 1.29% 1.28% 1.28 question was
unquoted unquoted
THE BANK OF EAST ASIA, LTD.]
AN
Authorised Capital Paid-up Capital Reserve and Undivided
Profits
Dec.
SUGAR.
Sugar: New York Sugar & Coffes
$10,000,000.00 Exchange: $ 5,698,600.00
$2,434,000,00
HEAD OFFICE:-HONG KONG 12. Des Voeux Road Central,
BOARD OF DIRECTORS:- Sir Shouson Chow, Chairman.
located on the Mezzanine Floor of Li Koon Chun, Esq. P. K. Kwok, Esq. change: Our New building is Specially Con-Wong Yun Tong, Esq. Chan Ching structed to provide all of these ImShek. Esq. Li Lan Sang, Esq. Wong May Chu Sơn, Esq. and Han Ying Po, Em. July Safe Deposit) You may obtain a Box in this most up-to-date Vault, for your own use at a very moder-
parlant Qualities.
ale Rental
Inspection Cordially Invlled.
THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeur Road, Central.
BRANCHES AND AGENCIES:---
THE BANK OF TAIWAN, LTD. London
(TAIWAN GINKO.)
READ OFFICE:-Taipch, Formos Incorporated by Special Imperial
Charter, 1899.
Coral Bank in Formoss
Bank-Holes found Arsenessmont F. 44.00
.11.75 11.76 11.00 11.00
FRIDAY, APRIL 20, 1934;
Stratosphere Test on Ground
Experiencing all the sensations of itratosphere travel without going off the ground, Mark Ridge, aviator, of Dorchester, Mass., enters a 'tank filled with carbonated ice (temperature 110 degrees below zera) to test his especially-designed uniform at Cambridge, Mass. A hitch occurred in the experiment when gas penetrated Ridge's mask. necessitating bin removal from the tank
EXCHANGES.
a late rally on. the, silver news * TO-DAY'S QUOTÀTIONS. from Washington. Cotton:-There On London- was considerable liquidation early in the day influenced mainly by the weakness of grains, but prices! rallied later on a press statement that à compromise on the silver
possible. Silver:-On Futures were dull, but steady. Offerings were light, with sellers| holding off pending the forthcom- Ing silver conference-Reuter,
Business Done-1,330,000 shares.
Air Reduction
Bendix Aviation Borden Co Canadian Pacific
On Paris
On T.T. and demand 97% On Shanghai----
34% Copper Cents
NEW ADVERTISEMENTS.
THE MACAO JOCKEY CLUB
FIRST EXTRA RACE MEETING.
Sunday, 22nd April, ́1934.
First saddling Bell at 1:30 p
First Race at 2:00 p.m. ADMISSION:-
To Members' Enclosure $2 To Public Enclosure 40 cầu.. Members MUST show their badges to gain admittance. LADIES free of charge.
See Steamboat CO's Notice re Special sailings to Macao.
KREUGER'S RUBENS
FOR £700 -
Private Sale To U. S. Manufacturer
REPUTED TO BE WORTH ' £6,000.
New York. "Bacchanalian," by Rubens, the last known art treasure held
by the administrators of the Ivar Kreuger estate, and said to have cost the Swedish "match king" £6.000 has been sold for
HOTEL REVIVAL IN £700 to John Richardson, said
AMERICA
Encouraging Sign Of Recovery.
BIG SALES IN LIQUORS
to be a Philadelphia stove manu- facturer.
The sale was made privately by the Hudson County National Bank in Jersey City, administra- tors of the estate. The paint- ing, 2 by 21% feet, in an ornate frame of heavy gilt, was with- New York
drawn from the public auction America's hotel have experi-held in, Jersey City on December lenced a sharp revival in business 21 because the only bid was one as a result of better times and of of £220 made by a New York
Both
bookings Attorney, repeal. and restaurant turnover have ex- The painting was returned to. panded considerably, the sale of the bank vaults. The proceeds wines and liquors having sur-of the auction, which included passed expectations. As the in-12 paintings, silverware, books dustry represents an investment and antique linen, came to about ef something like £1,000,000,000, £1,600.-Reuter. the revival is hailed as an en- couraging development in the recovery trend.
room
That enterprise is re-asserting
itself after a spell of almost total NEW SHAKESPEAREAN
inertia is indicated by the in-
COMEDY
rance of trade shows in New Unique Production In
Portugal
AUDIENCE
executives a record and nearly DISTINGUISHED FIRST-NIGHT 1,000 better than in 1933, New trade displays of furniture styles and lampa brought 5,000 buyers to the city.
Lisbon.
A comedy dealing with the lost New York's hotels have gained manuscripts of Shakespeare and Ja rich harvest from these and entitled "This Powerful Rhyme" similar gatherings, and with has been produced here at the The author liquor sales brisk it is expected National Theatre.
T
1/55% T.,
1/5 On demand Four months' sight 1/5% Credits 4 months"
Bight
1/6/
New York-
On demand
37%
Credita 60 days'
sight
April 18 April 19]
May July
1.39
1.36
Last To-day's Price Price
On demand Credits 4 months"
eight
393%
572%
612
1.45
1.43
$
On India-
September .....
1.50
1:48
Market:-Quiet.
COTTON.
80% 9714
150 Allied Chemirel & Dye .151 American Cun
.104 103% American Radiator... 154 15 Cotton: New York Cotton Ex-American Smelting .... 4314
On' demand
110%
Kan Tong Po. Esa, Chlef Manager. Oct. Li Tse Fong, Esq. Manager.
Dec.
Amoy
Mandin
Seattle
Batavia
Melbourne
Bombay
Nagasaki
Calcutta
New York
Honolula
Canton Haiphook Hankow
Oneka
Paris
Semarang Shanghai Singapore Sourabaya Swatow
Jan. Mar. Middling
Spot..11.80
12.01 12.01 ....12.07 12.07 ..12.14 12.14
Apr. 18 Range Apr. 19 Range ....11.66 11.66 11.59 11,60 11.70 11.71 11.83 11.84 11.94 11.34
4314 American Tel & Tel .122 12244
74 American Tobaceo ́"p""" American Waterworks Anaconda Copper Min-
ing Auburn
On Japan:-
On demand
12474
734
On Manila-m
20%
20%
On demand
75
14%
16%
| On Singapore----
48% 45'4
On demand
62%
18%
11.99 11.99
12.07 12.08 3. I. Case
11.75
18M 23% 24% 18% 16%% 60% 00
On Batavie—
creased attendance at industrial
On demand
55
conventions and the re-appea-
On Salgon-
Caterpillar Co
.32
On demand
57%
WHEAT. Wheat: Chicago Board of Trade:
Chase National Bank Chrysler Motors
30
30
On Bangkok—
53%
On demand
126
Consulidated Gas of N.Y. 38
York. The 1934 convention of the National Retail Dry Goods. Association here attracted 4,800
Curtis Wright
38%
Sovereigns bank buy-
44%
April 18. April 19.
Priping
Penang
Syndey Taihoka
Du Pont de Nemours. 30%
97
ing rate
7/0
Kobe Kowloos
Rangoon Raigon San Fcisco
Tentsin Tökya Vanemver Tokohama
Muy July September
774 78 7914
74%
Eastman Kodak
93
Bar Silver per oz.
19%
75
Electric Auto-lfie Co
27
Bar Silver in Hong
76
Total sales for the day:-
50,000,000
bushels
20,000,000 bushels
General General
Foods
Electric Bond & Share. 17% Electric Power & Light . 724 Geral Electric ..........
77%
Kong
Dom.
7%
22%
23
Copper Cash
DOM.
94%
1% prem.
Motors
38
30
Gillette Safety
31%
Gold Dust
21%
Internut Harvester April 18 April 19 Internat Tel & Tel
Liggett & Myers "B" Price, per ot $35.00 $85.00 Loew's Inc
Ward April 16 April 19 Montgomery
National Biscuit 7.71
National City Bank 55.20 National Dairy Products 16%
Olin Elevator
41%
41
14% 14%
95
ar
93
34% 944
314 31%
43%
43%
30 + 30
30
16%
15% 15%%%
КА
Pacific Gas & Electric 19%
19%
Packard Motora
15%
6%
Pennsylvania Rly
35%
Radio Corpn
814
Sears Roobuck
43%
40%2
Socony-Vacuum Corpu
10%
16%
Standard Brands
21%2
Standard Gas
1274
12% the other sections of the list, Can-
45% tons improved, to a buying rate of
26%
LONDON EXCHANGES.
London, Yesterday,
Paris New-York
77 25/32
5.14%
514
Montreal
5.18%
40%
..
Sales
Hong Kong Banks $1880 Canton Insurances $322
Brussels
21.06
Geneva
15.85
Union Insurances $697/595 Hotels $5.90
Amsterdam
7.58,
Milan
60-7/16
Berlin Stockholm Copenhagen
13.05
19.40
22.89%
Oslo
19:00
Vierina
28
Prague
1234
Helsingfors
22644
Madrid
37%
'Lisbon
110
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita received
AMERICAN GOLD PRICE:
(WASHINGTON).
for one year or shorter periods in U.S. Treasury Gold On and After August 15th, 1933, the Local and Foreign Currencies on rate of Interest on Special Current Deposit will be at 20% p.a. on daily which will be quoted on appil-
Leation.
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager. Hong Kong, 1st March, 1984.
balance and the rate for balance over) $10,000 will be quoted on application. (Maximum rate-11%).
LONDON BANK
Baralays Bank, Lid. Theyda Bank, TAL Willand Bank, Ild, Warminster Bank, LAI.
The Bear has Correspondente in all the prize:gal Jamaal Centre Shroughout the_wid 1. KADEBA
ZONG KONG BRANCH:
1. De Vage Bood Central
Eng Lag. Darambar 34, 1
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1880
Capital (fully paid-up) Yen.100,000,000 Reserve Fund........Yen,122,750,000
Head Office:~YOKOHAMA
Branches and Agencies at:
Alexandria
Bateria
Berlin
Bambay
·Calcutta Canton
Dairen (Dainy)
Nagasaki Nagoya New York
. Osaka
Paris
Peiping
Rangoon
(Mukden) Rio de Janeiro
Harbia
Kong
Kobe London
Los Angeles
Menils
Moj
San Francisco
Bingapors Sperabaya Sydney Tientsin
Tokyo
Taingiau Yingkow
THE
AMERICAN EXPRESS · COMPANY,
INC..
Head Office: 65, Broadway, New York.
Capital Surplus Reserves
**
Copper, Oct., per ib. 7.75 Tin, Oct., per lb... 54.90
LOCAL DOLLAR
STEADY.
Silver Declines, Sharply
35
Rate of Native Interest 31⁄2% pa 12% Chinese Sub, Coin... 81%% dia 214 Hong Kong Sub. Colu par.
SHARE MARKET.
that the improvement in hotel is Mr. Marcus Cheke, Attache to finances will enable many mort-the British Embassy here.
be The large audience included gage and taxation debts to liquidated or reduced.
Sir Claud Russell, the British ex- Ambassador and Lady Russell, at the the American, French, Belgian.
Hotel executives, while The Official Summary of the Hong Kong Stock Exchange issued pressing satisfaction yesterday at 3.15 p.m.
change, are guarded in their and Japanese Minigters, mem- Wharves showed further weak-comments, higher administra-ber of the Portuguese Cabinet
in-land Social leaders of Lisbon, ness to-day, being reported sold at tive and commissary costs 3105, at which
The play depicts a Puritan
rate there were volved by N.R.A. and the Gov 84 further sellers this afternoon, ernment's recovery programme family in the time of Charles II, whilst Cements, after the recent generally having offset the re-into whose hands there falls a 21rise, fell back to $2.60 sellers. In vival to some extent-Reuter,
45%
23
Standard Oil Co of NJ. 45% Texas Corp!
20% 2414
$315, and Hong Kong Trams Im- The local dollar remains
Un-America
Carbide & Carbon 45%
proved to $20.85, at which rate U.S.$6,000,000.00 changed this morning, opening on Union Pacifie
.13114
131% buyers predominated. There is U.S.31,887,089.17 demand at 1/54.
United Air & Transport 23%
nothing else calling for special 0% mention. 84 ..17.6.$1,718,079.87
Spot and forward silver yester-United Corpn........
51% United States Steel day declined 5/16, closing prices Westinghouse E & M being 19% and 19 15/16 respec- BID.:†, tively.
BRANCHES
Amatorkam Clanos
Loswor
- Amoura
Besla
ange
Flansbord.
Abang
Mioco City
Haplan Piraeus
Peiping Paloma Molkerdens
The London on New York cross rate yesterday closed At Sm
m
Bombay
Brosla
Catre
Cate
Ca
Calen
Dubilla
Edinburgh
Demers
Formoniem London
Learne
Mapa Darle
Mombew. Milan
مصبار
Thormfas
Vi
Takshama
Branches of American Express Com- pany in Principal cities of United States of America and Canada.
All classes of Commercial Banking] Transactions undertaken.
U.S.46.18% as compared with US$5.13% on Wednesday, while rate,
the New York on London. quoted ол Wednesday at £ U.S.$5.13%, yesterday closed at S—U.B.$5.14%.
THE OVERSEAS NATIONAL
BANK LTD.
National Bank. Building, BA, Des Voeux Road, Central,
Personal investment account Authorized Capital... $5,000,000.00
Paid-up Capital .....
Handled.
1
The Company offers to intending Travelers the use of its "Travelers Chequer and Letters of Credit and,
1,000,000.00 New York, London and
Paris Agentag Bag BANCEHE
THUẬT COMAT We offer facilities for the land
89
CHINESE COMPANY OF Hong Kong Lands $64/643⁄41⁄2
POLICE RESERVE Give Farewell Tea To Mr. D. L. King.
Members of the Chinese Com- pany of the Hong Kong Police Ro- serve gathered at their Club in Queen's Road Central yesterday: afternoon to day farewell to Mr. D. L. King Superintendent of the Police Reserve and Mrs. King who are shortly proceeding Home Irave.
Mr. T. O. Tro, A. B. P. (R.) presided at the function, amongst those present being Hon. Dr. S. W.
Interest, allowed on current At in addition, the worldwide so tion of oral baleated Stacki Te'o, Hon. Mr. K. D. C. Wolfe,
Electrics $72
Buyerr Hong Kong Banks $1880 Canton Insurance; $315 Union Insurances $595
. Underwriters $1.15
Union Waterboats $11.20 Rauba $14,70 Docks $15 Hotels $5.80
Chinese Estates $88- Hong Kong Trams $20.45 China Lights (Old) $8,85 Chine Lights (New), 38% Electrice $72 Telophones (Old) $224 Amusamenta $3 16 Govt Loans 84% Prem Constructione (New) 70 cts.
Bellers
Deposits received for fixed period of its thoroughly equipped Traysł De Foreign Exchanaand sold., Loans Hon. Mr. N, L. Smith, Mr. T H | Wharves $105-107
at zales to be obtained on application.
C. KISHINAMI, Hong Kong, 11th April, 1984,
Manager.
partment.
3. W. DUGHAN,
and bonds
granted on approved securitisi.
ARK FANGA General Managers
King, Mr. C. Champlin, and Mr. 'C' G.: Perdus.';
Ewo Cottons Sk. #11 Cements (Old): 12.60
Athens
Bucharest
Belgrade
Rio
Buenos Aires.
Montevideo
Bombay Shanghai
HongKong
Yokohama
L
chest containing the original Shakespearean manuscripts. The father burns them, horrified at the "Licentious writings of a son »* of Belizebub!"
Produced by local amateurs, the play was warmly received.— Reuter.
GIBRALTAR TUNNEL
AN EASY JOB.
Engineers' Opinions
On Project,
Engineers
Tangier.
studying the "Gibraltar Tunnel" project are understood to believe that boring 585 Sellerethrough under the Straits will 510
not present any serious difficulty. A survey of the proposed course of the tunnel has shown that the maximum depth of the sea does. not exceed 1,000 feet,
225. 42"
8614* 38
1/6 8/32 1/4. 1/87/
1/2 8/16
Silver Spot ALI DV197%AA Forward... 19 15/16.
Warloan 8% 00% 104/
The longest under water tun- nel in the world would be needed. to connect the continents of Europe and Africa at the Straita of Gibraltar,
The shortest possible distance between the two shares at the' Straits is more than 61⁄2 miles,
Bellers Officially do
British Wireless Service. Beuter.
No comments yet.
Private notes are available after approval.