BANKS
HONG KONG AND SHANGHAI: THE CHARTERED BANK OF
BANKING CORPORATION. INDIA, AUSTRALIA & CHINA.
Xutherland. Ongdal
Jameel and Pilly Pilay
Beserve Fonda :—
$6,900,000
Reserve Liability wé Proprietore 20,000, 00
HEAD OFFICE: HONGKOND,
Incorporated by Royal Charter, 1853.
THE CHINA MAIL,
Commerce and
Le Finance..
COTTON, SILVER WHITE HOUSE .
NEW YORK COMMODITY MARKETS
HEAD OFFICE: LONDON.
Paid-up Capital
-£5,000,000
Reserve Fand
.£3,000,000
AND WHEAT
Reserve. Liability of Pro-
prietors
..£3,000,000
Latest Quotations.
Agencies and Branches:
Alor Star
Tiloflo
Rangoon
Amritaar
Ipoh
Saigon
Bangkok Bataviz
Karachi
Semarang
Klang
Seremban
K. 8. Morrison, Er
Bombay
Kobe
Calcutta Canton
Kanla
Kuching Medres
Sourabaya
Manila
Taiping Tientsin
Medan
Tongkah
New York
(Bhaker)
Peiping
Tsingtao
(Peking) Yokohama
and
General
BOARD OF DIRECTORS.
Hoa Tập 1 A. Mecha
fairman.
I. P. Warren, Esq. Deputy Chakemenu,
Jon, Mr. W. H. Ball.
A. H. Comptar,
W, J, Karnick Bog.
C. C. Knight, Eng.
O. Miskin, Esq.
1. E. Pentru Raq.
V. X. Grzybum. Reg.
Cawnpore
Cebu
Colombo
in phong
Hamborg Hankow Harbin
ANOT
BANGKOK
BATAVIA
ΣΟΥΠΑΣ CALCUTTA
CANTUN
CEBTOO COLOXBO
DAIREN POOCHOW HAIPHONG
BAMBUNG HANKOW HARBIN
HONDEWY
ILDILO
BO
JOHOR
KONF
KOWLOON
BRANCHES:-
LONDON
LYUNG
MALACCA
MANILA
MUAR (Johor) MURDEN
NEW YORK
PIPING
PONANO
BANGOON
BAIGON
BAN FRANCISCO
KUALA LUMTUS
HHANGHAI
BINGAPORE.
RQURADATA
BUNGE PATAN
TIËNTOIN
TOKTO
KEINOTAO ТОКОПАМА
Derek Annosely opened in Lerà. Quemadory and Fixed Deposite renatal Er sag pone de tharier paried in Local Oncopsay and Burling an kerran wilek will be quota de arpiloution. Hong Kong, 18th April, 1084.
HONG KONG SAVINGS BANK.
The Buds of the thory Babi le cond.not-
be the HONG KONG AND INAMORAT BANKING CORPORATION.
bined on appilegijos.
Baden may T
FOR THE HONGKONG AND SHANGHAI ÁNH+RG (GEPOLATION
V. M. GRATEURN,
Hong Kong, 26th February, 1984.
SAFETY FIRST !
To Safeguard Your Valuables and Jewelleries, Deposit them in a Vault that it really? FIRE-PROOF BURGLAR-PROOF DAMP PROOF !
OUR SAFE DEPOSIT VAULT
located on the Mezzanine Floor
Lumpur
Shanghai Singapors Sitiawan
Penang Zamboangs
Hong Kong
Foreign Exchange
Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for one year o shorter perioda at rates which will be quoted on application.
W. H. E. THOMAS,
Acting Manager.
Hong Kong, 20th February, 1934
SILVER PARLEYS
POSTPONED
(Continued from page 1.)
THREE-POINT PROGRAMME. Meanwhile, the silver advocates have outlined a three-point pro-
New York, May 8. Messrs. Asia Lands Ltd. have re-gramme which they believe will be calved the following quotations on acceptable, including mandatory the New York cotton and wheat nationalisation of the domestic rubber, silk and silver exchanges store of silver, a declaration of po- on the Commodity Exchanges Inclicy that Federal currency reserve should consist of 70 per cent of New York:-
on gold and from 25 to 30 per cent of)
Silver, and, a premium on foreign silver used to purchase American agricultural exports.
Closing Commodity Price May 7.
SILVER. Silver: Commodity Exchange Inc. of New York:
July
May 6 Range May 7 Range
43.02 43.97 .43.20. 43.20
44.19 44.19 Sept....43.55 43.55
44.55 44.55 Dee.....44.00 44.00 Mar....44.40 44.40 45.00 45.00 Total sales for the day:-
THE BANK OF CANTON, LTD. 85 contracts of 296 contracts of
Established 1912.
Head Offer!---Hong Kong.
#thorland Castiel (198.K. Currency) —;3,90.com Pall-Op Ceplied me
Busted,
BRANCHES (
4.00
25,000 ozs. cach
Market:--Firm.
25.000 ozs. each
RUBBER.
The silver advocates added that the maximum estimate of metal available for nationalisation is 250,- It would be taken at a 000,000.
per price not exceeding '50 cents
ounce.
*
Senator King declared that the culmination of such a polley would require the accumulation of about 150,000,000 ounces. and that the remonetisation of silver might be logically expected eventually.
Rubber: Commodity Exchange Reuter. Inc. of New York:
Maagil, Barker, Bangbok, May
and Ba Prazalera,
LONDON HAWKERS |--
The Lloyd's Kank, Lámĺbed.
OURRESPONDENTO
In all pelmetpal diéc of the World.
Farely Exchange and basking buskname of every description irenzeket.
Safe Dapol Boxsa (various slana) að í guarly euil of front (8 to $49.
LOOK POONG SHAN.
Chief Manager.
July
May 5 Range May 7 Range
15.23 15.23 ....15.18 15.18.
...15.38 15.39 15.39 15.40 Sept,...15.64 15.69 15.66 16.69
Standard No. 1 "B" Contract. Total sales for the day:--
478 contracts 1,002 contracts SILK.
Silk: Commodity Exchange Inc, of New York:
May 5 Range May 7 Range THE BANK OF EAST ASIA, LTD. May....1.22 1.22% 1.20 1.23
HEAD OFFICE:--HONG KONG 12. Des Voeux Road Central
BOARD OF DIRECTORS:—
Sir Shouson Chow, Chairman.
of Li Koon Chun. Esq. P. K. Kwok, Esq.
Our New building in Specially Con- Wong Yun Tong, Esq. Chan Ching structed to provide all of these Im-Shek, Esq. Li Lan Sang, Esq. Wong portant Qualities.
Safe Deposit You may obtain a Box in this most up-to-dats 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.
Chu Son, Esq. and Kan Ying Po, Esq.
BRANCHES AND AGENCIES---
Parit
Pelping
Sourabaya
Swatow Syndey Taiheku Tientsin Tokyo Vancouver Yokohama
on
May 5 Range May 7 Range .10.93 10.93 11.20 11.20 .11.08 11.30 11.32 11.33 .11.22 11.24 11.48 11.49
.11.34 11.34 11.50 11.60 ..11.40 11.40 11.67 11.68 Mar...11.58 11.55
Jay.
T
THE BANK OF TAIWAN, LTD. London
(TAIWAN GINKO.),
HEAD OFFICE:--Taipeh, Formoca Incorporated by Special Imperial Charter, 1899.
Central Bank in Formon
Baaz-Motor Sorond Avsenga umorní „„Tai, tazm
Current Accounts opened in Local Total sales for the day:- Currency and Fixed Deposits received for one year or shorter periods in
and Foreign
On and after August 15th, 1933, the Local
Currencies
rate of Interest on Special Current terms which will be quoted on appli- Deposit will be at 2% pa, on dally cation. balance and the rate for balance over $10,000 will be quoted on application. (Maximum rate-114%).
LONDON BAKERKA,
Marclays Bank, Libdi. Ideyiz Bank, 146. Midland Bank, kók., Water Bank, LA
The Bank har Correspondante la alf tha pelangsi Jommersial Contre toughout a mold.
MONG KONG BRANCH,
Z XAGUNA
4. De Tax Bond Central.
Hong Kong. Desember 3, 10EL.
Safe Deposit Born To Let.
THE
AMERICAN EXPRESS COMPANT, TID, Oct., per lb. ...
INC.
Head Ofce-65, Broadway,
LONDON EXCHANGES.,
PRESIDENT VIEWS SILVER.
Just Two Weeks to Live
TUESDAY, MAY 8, 1934,
Victim of a rare disease called leukemia, believed Incurabls, Willie Mas Miller, four-year-old daughter of W. B. Miller (in whose arma she is eeen) is given but two weeks to live by physicians at Memphis, Tenn Lukemia is caused by a deficiency of red corpuscles.
NEW YORK STOCK EXCHANGE
LOCAL NEWS BREVITIES
A meeting of the Sanitary Board A.O.F.C. Quotations.will be held at 4.16 p.m. to-day.
New York. Yesterday.
Dow Jones Averages.
Aver. Aver.
Last To-day's Changel
Talks With Morgenthau 30 Industrials 09.20 95.51 2.68 ddwn
Before Advocates.
SPECIAL TO CHINA MAIL
45.68 43.70 23.16 22.29 94.78 94.43
The B. and 1. steamer, Talma, left Moji on Sunday afternoon for Hong Kong and is due here on Fri- day morning.
The B. and I. steamer, Talma, 1.98 down which is expected to arrive on Fri- 87. down day, will leave for Singapore, .35 down Penang, Rangoon and Calcutta on
Sunday at 2.30 p.m.
20 Rails 20 Utilities
40 Bonds
Indsx ....
$2.68 53.72 1.04 up Messrs. E. A. Pierce & Co. Re-
(By Telegraph, Copyright, Telegro-|Commodity phic Messages Ordinance, 1894. Re- reived May 8, 442 cm.)
scale buying. There
WIN
The actual hours of broadcasting
LAMMERT BROS..
AUCTIONEERS, APPRAISERS AND SURVEYORS'
THE
Public Auctions
THE Undersigned have received instructions to sell by Publis
Aucaon
ON
Wednesday, the 9th May, 1934, commencing at 2.30 p.m.
at their Kowloon Sales Room, No. 35, Hankow Road, Kowloon
A Quantity of
VALUABLE HOUSEHOLD
comprising:
FURNITURE
Chesterfield couch and STM- chairs, Bedstends, Wardrobe,
Dressing tables, Chest of drawers, Hatetand, Chairs, Sideboard, Dia- ing table, Cabinet, Bookcase, Desk, Washatand, Flower stand, Table, Screen, Teapoys, Ice chest, Brass ware, Silver ware, Tea set, Dinner crockery, Carpets, Rugs, Linen, Mirror, Enamel bath, Shanghai bath, Ornaments, etc., etc.
also
A. Quantity of BLACKWOOD FURNITURE
and
One "Oldsmobile" Touring Car 6 Cylinders-5 Senter,
On View from Tuesday, the 8th
May. 1934.
Terms: Cash on Delivery
LAMMERT BROS,
Auctioneers,
Hong Kong, 4th May, 1934.
MONEY-LENDER LOSES CASE.
Borrowed $205 Is Unrecoverable.
Judgment for defendant, with
Washington, To-day. President Roosevelt discussed port:-Substantial offerings of stock transmission during the month of silver with the
United did not reveal the presence of any April from Z.B.W. were 230.75, of costs, was given against Inder
which 142.75 were devoted to Euro-Singh, States Treasury Secretary, Mr. large
Watchman
of Messrs. 88 to Chinese pro-Whiteway and Laidlaw, who sued Henry Morgenthau, yesterday some support this afternoon, but we pean and before conferring with the Sen-think it is still best to await deve-grammes.
Foja Singh, money-lender, of Kow- ate silver advocates. - United Iopments. Wheat: Lack of rain in
Two cases of animal rabies, two loon, for $205, stated to have been Press. per S. C. Gold Bar Co. the North-West increases bullish
enthusiasm, though there is a fore-cuses of small-pox, two cases of lent to defendant on November 11.
LOCAL DOLLAR IMPROVES.
Silver Prices Advance.
The local dollar continued to im- prove, showing an advance of
on demand to-day opening 1/43⁄44.
at
east of possible light showers in the meningitis, à case of diphtheriu 1932, before the Pulsne Judge, Mr.
North-West. The market is entire and a case of enteric fever, were
Jacks, at the Supreme Court this morning.
Mr. M. A. da Silva represented
ly a weather-market and is vulner-reported in the Colony during the Justice P.
48 hours ending on Sunday. able to weather changes. Cotton: Prices responded fully to higher cables and on opening reports"
Lincolns, who was recently court-defendant, and plaintiff conducted precipitation in the greater part of martialled at Shamshuipo for as his own case.
Private Richard Johnson, of the of
the Central Belt, where the rains
on
In passing judgment, Mr. Jacks are more than ample. The market saulting an N. C. O, and using in- closed at the day's high levels subordinate language, was sensaid that defendant had not bor- tenced by the Court to 56 days' de- rowed money from plaintiff. It was Silver: new speculative buying.
tention. Sentence has been pro-stated that he owed him $205 in Futures displayed impressive firm-|
mulgated. Both spot and forward silver
connection with the winding up of neas. Late in the day, the market
Bishi (Indian money-lenders as- prices again advanced. Spot silver Was encouraged by Washington
The R.M.S. Empress of Canada sociation), but this money was not advanced 5/16, closing yesterday press news intimating that the Pre-left Shanghai on Monday evening recoverable. at 19 1/16, while forward silver sident decision on silver legislation and will arrive in Kobe to-morrow fore gave judgment with costs for His Lordship there- advanced, closing on Monday at might be favourable to a compro- afternoon, leaving the same night defendant. 19%.
misc. Ohio Oll has declared a divi- for Yokohama. She is due to leave The Landon on New York cross dend of fifteen cents. Montgomery. Yokohama on Friday afternoon for rate, which closed on Saturday at Ward April sales were up 33.2 per Victoria and Vancouver, via Hono-
-U.S.$5.114. closed yesterday cent
at -U.S.$5.31%, while the New Business Done: 2,360,000 shares.
EXCHANGES.
Personal Pars
Mr. Justice H. Macrostan, was
The R.M.S. Empress of Russia Prie arrived at Shanghai on Monday among the passengers on the sa afternoon and left for Hong Kong Taiping, which arrived here yes- this morning, and is expected toterday from Manila and Australia.
She arrive on Thursday at 7 a.m. will leave for Manila the same day! at 5 p.m.
The forthcoming wedding of Mr. Clementino Antonio Almario, and Miss Margaret Tse, both of No. 39, For the theft of an overcoat, Ship Street, Hong Kong, is on- jacket and two pairs of trousers, the nounced.
# $,598,600.00
$2,484,000.00
Sept....1.23 1.23 Authorized Capital .... $10,000,000.00 Dec....1.24 1.24 Paid-up Capital Reserve and Undivided
SUGAR. Proits
Sugar: New York Sugar & Exchange:
1.24 1.24 1.24 1.24
Coffer
May 5 May 7
May
1.52
1.55
July
1.56
1.58
September,..... 1.63 Market:Quiet.
1.65
Kan Tone Po, Esq. Chief Manager. Li Tas Fong, Esq., Manager.
COTTON. Cotton. New York Cotton Ex- change:
Amoy
Batavia Bombay Calcutta Canton Haiphong
Manila Melbourne
Seattle
Nagasald New York Osaka
May July Remarang [Oct. Shanghai Dec. Singapore
11.78 11.78
Rankow Honolulu Kobe Kowloon
Penang
Middling
Spot..11.20
11.45
Rangoon
Saigon
San Felsco
Every description of Banking and Exchange buslzen transacted. Loans. granted on approved securities.
WHEAT. Whent: Chicago Board of Trade:
May 5 May 7 May
81% 84% July
79%
8244
September
80%
88%
lulu.
York on London rate closed yester-
20,000,000 bushels AMERICAN GOLD PRICE: (WASHINGTON).
10,000,000 bushele
day ut -U.S.$5.10%, as compar-
ed with U.S.$5.11% on Satur- {day,
Last To-day's Price
$
Air Reducation
Allied Chemical & Dye .142
KAN TONG PO.
Chief Manager. Hong Kong, 1st March, 1984.
May 5 May 7 U.S. Treasury Gold
Price, per os.... $38.00 $35.00
METAL.
American Can
...1074
142 BR% 06%
0x
American Radiator
14%
13
American Smelting
38%
28
TO-DAY'S QUOTATIONS.
American Tel. & Zel...110%
10914
American Tobacco "B" 72
7014
•
Copper, Oct., per lb.
May 3 May 7 7.59 7.69 53.90 54.26
On London-
T. T.
On demand
1/4 1/4/
America Waterworks. 18% Anaconda Copper Mining 14%
17%
14
Auburn
40
30%
property of Chang Ah-ngo, of No.
Bendix Aviation
1814
Borden Co.
23
Credits 4 months!
Canadian Pacific
16%%%
J. Case
53%
- sight
1/5%
Caterpillar Co.
29
28
On New York-
Chase National Bank
20+
284
On demand
35%"
Chrysler Motors
44%
42%
London, Yesterday.
Reservee
Paris
77 7/82
Credita 60 daya'
Consolidated Gas of N.Y. 88
32
sight
371⁄4
Curtias Wright ........
New York
5.11%
Du Pont de Nemours
BRANCHES-
On Paris--
Montreal
5.09%
Esaiman Kodak
90%
87% admitted to the Government Civil
Amsterdam
Askans
Glasgow Havane Bubor
Bale
Hafdalberg
Nxloco City
Haplos
Paris Pelping
Brussels
21.82
Geneva
16.72
sight
577/
Electric Auto-lite Co. Electric Band & Share Electric Power & Light
22% 14%
6
20%
14%
Amsterdam
7.52%
General Electric
20%
On India.
Bentay Broman
Stockholm
19.40
General Foods
83%
General Motors
33%
19,90
Bezpola
Up Shanghai-
| Gillette Safely
Livepeal
12.98%
10%
10%
Calorile
Conser
22.35
Op demand..y.***
110
Gold Dust
Nagasak! Nagoya
On Japan:-
Internat. Harvester
20% 3714
10%
Clashp
Marveliler
225
New York
Copenhag Daaln. Belbergh
Monte Carlo
Tapamina
On demand
1172
Internat. Tel. & Tel.
12%
28
On Manila......
Qanka
Tande Thama Zurich
Liggett & Myers "g" Loew's Inc.
93/2
12
Helsingfors...
226%
On demand
70%
Lisbon
110 !
On Singapore-
- Bucharest
$10
On demand
50%
National City Bank
Prague
National Dairy Prod.
On Batavia-
Otis Elevator
15
Madrid
On demand....
'62
Pacific Gas & Electric 18
Athens
On Saigon...
Packard Motors
All classes of Commercial Banking Transactions undertaken.
Milan
50 3/16
On demand
58%
'Rio
4*
On Bangkok--
Radio Corpn.
Pennsylvanis Rly......
8114
1734
30*4
7%
Buenos Aires
80%
Bears Roebuck
46%
42%
Montevideo
3812
Socony Vacuum Corpn. 1534
16**
Standard Branda
20%
18%
'Shanghai
1/84
Standard flas
1014
1/6.8/82
Standard Oil Co. of NJ. 44
423%
Yokohama
Tek
Hong Kong.
1/2 1/4
Trans-Am
Texas: Corpn
25
6%%%
RKL
Silver Spot
10 1/16
ROZL
·1%% prem
& Carbon 45 Union C Union, Pacific. 1284 125 United Air & Transport 214 United Corpn. Bush B United States Biodley” 45% Westinghouse EAN 8,
20
8%
45%
Хал
Capital
THE YOKOHAMA SPECIE BANK Sorplas
LIMITED.
Established 1880
Reserve Fund
..Yen.122,750,000
Capital (fully paid-up) Yen.300,000,000
Head Office:-YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
limbin
L
New York.
.U.S.$6,000,000,00
.1.3,81,867,088.17 .U.S.$1,718,279,67
Oslo Berlin
Copenhagen
Belgrade Vienna
12214
37 4/32 580
Four months' Bight 1/4%
On demand ***** 537 Credits 4 months'
On TT, and demand 92%
Dairen (Dalny)
Fengtien (Mukden)
Bóng Kong
Honolulu Ksinking Karachi
Kobe
London
LO
Angeles
Manita
Mofl
Paris Peiping Rangoon
Rio
de Jeneiro San Francisco
Seattle
Bemarang Shanghal Singapore Воставяза
Branches of American Express Comm-{
United pany in Principal cities of States of America and Canada, •
Personal investment, szorzata handlad.
The Company offers to intending
of its “Travelary: Travelers the Interest allowed on Current A-Cheques and Letters of Credit and,
In addition, the worldwide, servicas | Deposits received for fixed periods of its thoroughly equipped Travel De- rates to be obtained on application partment.
Q KISHINAML
Manager. Hong Kong, 11th April, 1984.
War Loan 84% ... 108 1/16 Forward
On demand... 1827%
Bovereigns bank bay
Bar Bilver per op. 19 1/16 Bar Bilver In Hong
Kong.....
Copper Crib
Copper Cents.
Rate of Native Interest 34% pa. Chiness Bab, Coin **.. 88% dis. -British - Wireless Berrics. Hong Kong Bub. Coin par.
Bellers Official
counts.
at.)
Hydney Tientsin
Tokyo Taingtan Yingkow
E W. DUGGAN,
Manager.
Bombay
19%
Ing rate
1/8%
Montgomery Ward
National Biscuit
20%
16 28, Yuk Ming Street, second floor:
Mrs. James, widow of the late 231%
Wong So, unemployed, was sentenced Mr. C. P. F. James and Colony 54to three months' hard labour by Mr.ladies' lawn tennis champion will be
E. W. Hamilton at the Central Maleaving the Colony to-morrow by the gistracy this morning.
a.a. Hector in company with
Įsister, Mrs. John Mitchell. A Chinese girl, Lau Hing, 25 years 86% old, of No. 5, Wing Hing. Lone, was
her
Hospital, yesterday afternoon suffer- Sentence of six months' hard ying from concussion, sustained after labour was imposed on Chan Slu, 20% Jumping from a moving tramcar, in by Mr. Q. A. A. MacFadyen at the 39 Causeway Bay.
Central Police. Court this morning,
for. the larceny of a leather purse
On the application of Detective-from a widow, Fan Chung-hing, of 35% Sergeant Goodwin, a 48 hours' re-No. 27, Lee Yuen, Street, at Queen's 11% mand was granted by Mr. Q. A. A. Road Central, yesterday."
MacFadyen at the Central Magis-
82% $14
26 30% 38% 28% 28% 15% 10%
24%
tracy this morning, in the case of The Pulene Judge, Mr. Justice... Fung Pang, unemployed, for the P. Jacks, gave judgment for de- theft of $5 in Chinese money from fendant, with costs, in an action Chan Ting-kat, a travelling trader, by Yuen San, trading as the Yuen on board the aleam launch, San Hang San Kee Firm, against Chan Sik
kwan, trading as the Chan Wo Lee Firm, for $376.80 for work done Nearly 50,000 sq. ft of Crown and material supplied, at the Su- lond near the Military Camp at preme Court this morning. Cheung-ahawan, Included 'in a rec-**
On.
langular plot registered as New A formal remand of one week was Kowloon Inland Lot No. 2285, was granted, by Mr. Q. A. A. MacFadyen sold yesterday at an auction held at the Central Police Court this Cat the offices of the Public Works morning, in the case of “Earwan 4076
Department. *The purchaser. Singh, who appeared on the re-hear- * well-known local businessman, ing of a charge of wounding with was represented at the ante" by Intent to murder Thaker Singh, on Mr. Leste Roos, architect, and the board the ss. Fat Shan last month. price paid. was $123,750, **The complainant is still in hospital."
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