BANKS
HONG KONG AND SHANGHAJ BANKING CORPORATION.
Aetherland Capital
Eround and Fulie Paid-up 2,000,00 Beserta Funda :--
terling
1,600,000 @10,000.00
Beer Liability of Proprietors ........... $93,004,900
KEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS:~
Boa. Mr. J. J. Paterson.
T. B. Pearce, Riq-
Deputy Chairman.
Hon. Mr. W. . 12, J. A. Plummer, Baq
▲ E. Osempian, Bog.
T. H. D. Shaw, Roq,
He M. 0. 0. 9. Mackis, J. P. Warren, Eng.
1. Kirkis, T..
ΜΟΥ
DANGROS
MATAVIA
BOMBAY
DALOUTT
DANTON
CHEFOO
COLOMBO
DAIREN
POOCHOW
HAIPHONG
HAMBURG
HANKOW
HARDIN
HONGKEW
TLOILO
пок
JOUDER
KOAK
KOWLOON
V.
M. Orapburn, Moq.
Chlef Massages.
PRANOHA Imm
LONDON LYONA
KUALA LUMPUR
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
BEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
.£8,000,000 .£4,000.000
Reserve Liability of Pro-
prietors
.£3,000,000
Agencies and Branchen:
ALOR 87 AR
SCHINO
MADRAS
AMRITHAR
DANGKOK ΒΑΤΑΝΙΑ
BOMBAY
OALOUTTA
CANTON GAWNPORE
CEDU
COLOMBO DAIREN
PELBI
HAIPHONG
HAMBURG
MANILA
MEDAN
NEW YORK
PEPINO (Paking)
PENANG
KANGOON
BAIGON
SEMARANG
SEREMBAN
HEANGRAI
BINOPORE
SITIAWAN
TAIPINO
TÔNG TOM
HOURABATA
TIENTRIN
TOKYO
JANKOW
BARBIR
MALAOGA
MANILA
ILot10
MUAB (Johore.
Угод
KARADHI
MUKDEN
KLANO
NEW YORK
KOBE
KEALA LUNTER
PRIPING
TENANO
LANGOON
AKIOON
SAN FRANCIADO
SHANGHAI
SINGAPORE
BOURABYA
SONGEI PATANI
TIENT IN
TOKYO
TSINGTAO
YOKOHAMA
Local Corrent and Find Deposits receted for sea year or shorter perioda ka Loon! Currency and daring wwer »hich will be quoted on appliosion Hong Kong, 30th March, 1932.
Dacron &coate oprasd
HONG KONG SAVINGS BANK.
The Buslane of the shore Bank is conducit by the HONG KONG AND BEANGELAY BANK Sko CORPORATION. Bư'm may be oblasŃ englionila.
FOR THE HONDEONO AND BRANDEA! BANKING CORPORATION.
V. M. ORAYBURN,
Chlef Manager.
Hong Kong, 17 February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Oßee:-Hong Kong.
Brand Capital (EI.K. Currensy) ...$11,000,000 1,900,000 Palk-Up Capĺbki -
1,100,000
BRANCHES -
Chaios, Shanghai,
Kankow
Ewelow
Bangkok, Kev Tock and 64: Praslane.
LONDON BANKERÐ 1—
The Lloyd's Bank, Limited. ODILRESPONDENTS
ia si principal cities at the World.
Pigs Exchange sad breaking busloan of
description sexamoled.
www
Deport Basas (rariona alsan) si à jourly
vached of brom 15 to $40.
LOOK POONG SEAN,
Chief Manager.
KUALA KANGSAR
THE HO HONO BANK, LTD.
(Established 1017.)
THE
CHINA
MAIL.
Commerce
Finance.
and
COTTON TRADE
HEAD OFFICE:—SINGAPORE. Hong Kong Branch: 13, Queen's Htd. C.
Authorized Capital Straits $20,000,000 Issued Capital
8,000,000
Paid-up Capital
H
4,000,000
Reserve Liabilities
4,000,000
H
14 8,887,000
of Shareholder
Burplus
Branches, Agencies and Correspon- dents in the principal cities of" the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
Manager.
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street, NEW YORK.
.
Capital, Surplus and
Undivided Profits U.S.$225,347,466.11
Branches la:-
ARGENTINE
TONDKAH' (Bhuku+)
BELGIUM
TSINGTAO
BRAZIL
YOKOHAMA
CHILE
ZAMBOANDA
CHINA
and
General A
COLOMBIA
CUBA
DOMINICAN
REPUBLIC
INDIA ITALY JAPAN
Foreign Exchange
Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for one year or shorter periods at rates which will be quoted on application.
J. STUART,
Manager. Hong Kong, August 17, 1931.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY; BANEERS.
.Betabilobed 1824. Hora Kont Office :-It, Queen's Blood Central. Authorised Capital ........... Guider 150,000,000. Paid-up Capital Ouliders 80,000,000. Reverte Fuse
Guildera 40,018,600.
Djak
Hard One-MSTERDAM”, Elen Bed Off-BATAVIA,
Dandong". Bombay. Braachee Bandiermain,
Djember, Calcutta, Chartboa Jaka The Hagua". Jiddah,
Faka Maker, Madan, Palembang. loogia, Pacarg, Rangoon, Rotterdam". Sammaring, Bhanghai, Blasspore, Boura bala, Barakaria (Bofo), Tegal, Tillerjap and Weltarredwa”,
• Three afcen hava Sala Deposit Botas in Lab.
LONDON DANEERS:-
NATIONAL PROVINCIAL BANK LTD. Correspondents all over the world. Banking Bual. Den of weary danception tapaanted.
4. HTOKRINE,
Long Kong, Est December, 1902.
*THE
Manager
AMERICAN EXPRESS COMPANY. INC.
of
MEXICO
LONDON
PANAMA
PERU PHILIPPINE
ISLANDS
PORTO RICO STRAITS
ACTIVITY
SHANGHAI AS A MARKET FACTOR.
THURSDAY, MARCH 31, 1932.
BUSINESS DIRECTORY
ROBBERS HOLD UP
U.S. BANK.
Machine Guns, Shot Guns and Pistols.
DECAMP WITH $200,000.
Minneapolis, Yesterday. With machine-guns, shotguns and pistols to enforce their demands seven, robbers held
up an outlying branch of the North Western Na- at its opening hour, tional. Bank London, March 4, downs will be able to proceed more Textile shares were in active re- freely. A very large proportion of and seized $50,000 in cash and The whole operation took less quest again on the Manchester Stock the British cloth shipped to Shang- $150,000 in securities. Exchange yesterday, and Bleachers' hai is consumed within a comparathan ten minutes.
clue
men's to the and Fine Spinners', which appear to tively small distance of the port, so The only
hat containing aj identity is. D be the favourites at present, were that, if there is no fighting within
of cleaner's mark, dropped by one dealt in up to 158. Sd. and 178. 9d. a radius of twelve miles
them as they decamped.--Reuter's respectively, the official prices show business should quickly be restored
American Service. ing advances on the day of 10d. to fairly normal conditions.
On several occasions during the in the case of the finishing combine) and of 28. 3d, in that of the spin-last two or three weeks there has ning combire. Trade reports from been fresh Inquiry for piece goods the Royal Exchange to doubt helped from Shanghai, and a few small
or 80,
to strengthen the tone on the Stock transactions have been arranged in RUM RUNNERS
ATTRACTIVE TAILORING
We beg to announce ta our many clients that wo have removed to 18. D'Agullar Street,
We have also just re- ceived a new assort-
ment of
SUMMER SUITINGS.
WING HING CO.
18, D'Aguilar Street. Tel. 21417.
DENTISTS.
HARRY FONG, Dentist,
1st floor, No. 74, Queen's Road
Tel. 21255. Central.
NOTICE OF REMOVAL.
LAU PAK-WAI, DENTIST, has re- moved his Hong Kong Office GLOUCESTER BLDG., 1st floor, Ped-
to
AID der Bt (New Building next to Hong
THE LINDBERGHS.
Endeavours to Blockade
Kidnappers.
POLICE INVESTIGATIONS.
Rum
runners
DA
Exchange, and Far Eastern develop-grey, white, and fancy styles, early! ments were again chiefly responsible delivery being wanted in nearly all for the better feeling in yarn and instances. The extent of any busi- done if the SETTLEMENTS cloth trade quarters. In connection ness which may be URUGUAY
with the Stock Exchange move fighting ends, or if it does not en- VENEZUELA
ments, it may be mentioned that, in danger Shanghai Itself, will depend the position as Japanese Commercial and Travellers' Letters recent business in yarn and cloth, very largely on of Credits, Travellers' Cheques, Bills; light bleaching cloths for India, and regards the boycott of
Exchange and Cable Transfers fine bundle yarns for both India and goods. But in Hong Kong and the
New York, Yesterday. bought and sold. Current accounts
boycott is likely to linger, whatever
the Atlantic and Savings Bank accounts opened China, have played a very prominent smaller Far Eastern markets, the and Fixed Deposits in local and for- part.
happens in China, and, moreover, seaboard are mobilising for the taken at rates that
Shippers were inclined to doubt the position of the Japanese mills at purpose of blockading the kidnap- eign currencies
ascertained on application to may be
whether the cessation of hostilities Shanghai will continue to be a faspers, who are reported to have the the Bank.
We are also able to offer our Cus-would prove to be more than tem tor in Far Eastern trade in cotton Lindbergh baby aboard a ship some- tomers the services of the Branches porary. and news received after goods. India has recently been where off the coast, as a result of a
Lancashire orders for conference after the return of Dr.j of the International Banking Cor-1 poration in Spain and also of The trading hours suggests that their placing in
the Lind- National City Bank of New York doubts may be justified. It seems yarns, and perhaps also for cloths, Dobson Peacock from
certain, however, that if fighting is which would normally have been berghs' home. (France). S.A., in Paris and Nice.
resumed, the business quarters of placed with the Japanese mills at According to the New York Shanghai itself will not be greatly Shanghai, so that shippers to China Mirror. It is revealed that it was a affected, and there are hopes that are not the only ones who are rum runner who offered to act as It is stated that the unloading of cargo and the watching developments with keen a go-between.
the rum runners feel that their honour is at stake in giving the Lindberghs fair play.
Manager.
R. M. MCLAY,
Hong Kong, March 1, 1932.
THE BANK OF TAIWAN, LTD. clearances of goods from the go- interest.
(TAIWAN GINKO.)
HEAD OFFICE-Talpeb, Formosa.
Incorporated by Special Imperial Charter, 1899,
Central Dank in Formos.
Bank Noten tued Avmenge amount...Yen. 45,000,000 BRANCHES AND AGENCIES: JAPAN-Torko. Trobama, Kobe, Osaka. PORMOSA-Gian Bagh Karenko,
Swatow, Casion. OTHERS-Hong Kong.
LONDON BANKERS.
Barclays Bank, Lid., Lloyds Bank, Lid Midland Bank, Ltd., Westminster Bank, Ltd.
The Bank bae Correspondents is wil the principe Commerce Cestive throughout the world. K. NAQUBA,
EXCHANGES.
TO-DAY'S QUOTATIONS.
On London- Bank, wire ******** 1/3 % lung. Bank, on demand 1/3 36 Makong, Nanto. Shinchika, Talebu, Teinss. Bank. 4 months' sight 1/3 1⁄2 Takso. Tul, Toon, Helio, Telta.
Amoy, Foochow Credits, CHINA-Shanghai, autow,
4 months' Sontabaya sight Slugsporn.
1/4 % Semarang, Batavia, Bombay, London, New Documentary, 4 York, Data
months' sight... 1/4 34
Un Paris-
615
On demand Credits,
4 months'
sight
670
Manager
On Berlin-
Head Ofee:-65, Broadway, New York.
HONG KONG BRANCH:
De Your Rend Goteal. Hoog Rong. December 4, 1961.
On demand
Nom.
On New York- On demand
24%
Reorganised October 26, 1928, under
Capital
U.S.$8,000,000
special charter of The National Gov crament an an
Surplus
U.S.$1,572,454
.U.S.$1,908,209
INTERNATIONAL EXCHANGE
BANK.
BRANCHES:--
Bxbscribed Capital
...$25,000,000.00
Sice
Pald-Up Capital
Reserve Funda
.$24,710,200.00 .$9,820,503.82
Ant way
Saples
Alaman
Piraeus
(06/1
Packa
Berila
Biarla
HEAD OFFICE: SHANGHAI
Bomba
Peking
Paletin
Bromer
Brussels
HONG KONG BRANCH:
THE BANK OF CHINA. 行銀國中
Hong Kong, 5th March, 1931.
Reservez
Ametszése
Duenos Air
Ga Charg
BATADA Tamburg HATTI Interlaken Jerusalem Lido Loadin
Liverpool
THE MERCANTILE BANK OF Credits, 60 days' aight 25%
On Bombay-
INDIA, LTD.
1psh
Kands
Barkak
Delro
wor
Yabou Changbai
Bateria
Bombay
Karachi
Calbatza Canna
Lagnag
Southampton
Calcutta
Kota Bharu
Colambo
Kuala Lipa
Lausor
Colombo
Mi
AL.
Beibi
Xunta Lumpur
Coostaotlusple Monte Carlo
Manila Munich Monitors
નવીન Viss.ma
Vanice
New York
Yolubsa
Zurich
Investment accounts
ملامة
Lowra
Ролавк
OFF THE GOLD STANDARD.
!
A St. Louis message
says the
a negro ex-convict described as an
Reuter's
ELECTRIC COACH.
Great Britain did not put the police interrogated for three hours: gold standard aside because she is Illinois gangsters associate, who forsaking gold, but to re-establish
is reported to have stated that, herself in terms of gold. Gold con- the kidnapping originated for the tinues to be the basis, of inter- sole purpose of bringing pressure national settlements and the back-
on the prison authorities for the ground of trade as between country release of Al Capone. and country. When Great Britain American Service. went off the standard, the £ quite naturally declined in its relation to the New York gold dollar. As a result Britain has given herself the opportunity to compete in the world market on a more favourable basis, because she is manufacturing in terms of the £ and exporting against the dollar. The natural re- sult of such a move should be a revival of her trade. As trade
The German State Railways are passes the balance point Great Bri-constructing an oil-electric railcoach tain will become a receiver of gold, | which embodies some novel features, Instead, of a giver-away, and her Trial runs, at a speed of 160 km. currency will move towards parity (93 miles) an hour, are to be car- with the New York dollar. The ried out as soon as the coach la pubile should not misconstrue the completed, and it is to be put into term "going off the gold standard." service in the Spring on the Berlin-
This does not mean that the coun Hamburg line.
Novel Features in New German Invention.
try concerned turns its back on gold, The coach is made up of two but requires to strengthen its trade parts joined by means of flexible! position in order to be able to meet gangway bellows. Each of the future obligations in gold. To go outer ends la supported by a bogieļ off the gold standard is to recognise or 11ft. 6in. wheelbase. the Inner and not to forsake gold
Wre
84%
On demand
84%
On Calcutta-...
Wire
84%
On demand
84%
On Singapure.........
On demand
551⁄4
On Manila-
On deraand
484
On Shanghai--
On demand
Dollar
T74 22% Dis.
Sourabaya
On Yokohama--- On demand
712
Sovereigns (Bank's
buying rate)
3/4 %
Silver (per oz.)
17%
Nom Nom.
1% prem
and atandard;
82% D. 30% Bi
the
the
may console
many
4. Queen's Road Central,
Owing to our numerous branches in China and large connections in the important commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.
Copachagen Edinburgh POINTHON
Genera
Rotterdam
Branches of American Express Com-
We also handle the issue of Honda pany in Principal cities of United and other Public Funds of the Chin- ese Government both at home and States of America and Canada. abroad.
SHOU J. CHEN,
All classes of Commercial Banking Manager. Transactions undertaken.
THE YOKOHAMA SPECIE BANK, BIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Yen 117,300,000 Reserve Fund
Hoad Ofco:~~YOKOHAMA.
Branches and Agencies at:
Daires (Dalny). ¡Togtien (Kukden)
**Hamburg
Harbin
Nagasaki
Nagoya Newchwang New York Oika Parts
BiD de Janeiro San Francisco
Shimonpeaki Bingspore Воетадига Bydney
Personal handled.
The Company offers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped Travel Department.
E. W. DUGGAN,
Manager.
HEAD OFFICE:
18, Gracechurch Street, Lenden, E.CA.
£3,000,000 Subscribed Capital.... 1,800,000 1,050,000 Paid-up Capital ...... Reserve Fund and Rast 1,6650,845 BANKERS:
Authorised Capital
The Bank of England & Midland Bank, Ind.
BILL NOTER
Fort Louis
(Mauritius) Flagdon tihanghai
Bitola
Kuantes (Pabang! Singapore
HONG KONG BRANCH,
Brary description of Banking and Exchange burl Does transnoted.
Trafters Choques issued.
Trustee and Executorships under-Bar Sliver in Hong
Kong taken.
INTEREST allowed on Current Acomania and Pized Deposits at Estos that may he rained Copper Cash Copper Conta DR application
J. B. ROSS,
Mannge>. 7. Qusen's Road Central
Hong Kong, 24th March, 1982.
RECIABLE PRINTING
no order
too sin
THE NEWSPAPER ENTERPRICE LTO, GERA MAIL #126.
of Native In- Rate
terest .. Chinese Sub. Coin Hong Kong Sub. Coir Par..
LONDON EXCHANGES
Alexandria
Batavia
Berlin
Bombay
Canton
Changchun
Calcutta
Bema
Kong
THE BANK
Capital and: Singlus
·Total Resources
MARKET PRICE OF GOLD.
ends having one bogie in common. Each of the outer bogies carries a Maybach Diesel engine of 410 h.p.: The directly coupled to a dyamo.
A student of the gold problem current generated is supplied to two are geared to the motors which styling himself "Amateur," has un- burdened himself to an American axles of the middle bogie.
electrical equipment is by Messrs. contemporary. He admits "that he
There is for
is probably dense" on the subject Siemens and Schuckert. of the gold
Kong Hotel). Telephone No. 20488.
TANG YUK, Dentist.
Successors to
the late SIEN TING. 14. D'Aguilar Street.
TERMS VERY MODERATE Consultation Free.
ENGINEERS & SHIPBUILDERS.
W. S. BAILEY & CO., LTD.
Kowloon Bay. New Work & Repairs. Call Flag "L" Sole Agants for Kalvin Motors.
HAIR DRESSERS.
LEE YEE,
Ladies' and Gentlemen's Hair Dressers & Booksellers.
No. 12, D'Aguilar Street, (opposite Queen's Theatre),'
OPTICIANS.
THE HONG KONG OPTICAL COMPANY. *Phone 22232.
58, Queen's Road Central.
SHOES.
Pair
Black or Brown Shoes from $5.00. Black or Brown Boots from $8.00. Children's Boots or Shoes from $2.00. Best stylos, most complete stock of all sizes. Repairing a speciality. WONG SIU WOON 1. Pottinger St. Phune 31474.
PHOTO-SUPPLIES
Kodaks and Cameras. Films, Plates and Papers, etc. Developing. Printing and Enlarging.
ZIESS and BUSCH FIELD GLASSES, Price Mederate,
A Trial Order in Solicited.
A. SEK & CO.
Tel No. 28459. 28A, Des Voeux Road, C. Hong Kong.
The ALEXANDER
INSTITUT
102 DE BEAUTE
seating accommodation himself with second-class passengers, and a com- A compart- partment for luggage. that thought
beside him in like ment in the middle of the coach has
there
are
Phone 25169. Pedder Building.
(1st Floor)
CHARGES MODERATE. A VISIT WILL CONVINCE YOU.
position. "Amateur" says: "What been arranged as a refreshment Opposite Entrance to
room. The total length of the Hong Kong Hotel. better yardstick of the value of any combined coach is 138 ft. and the Lustrous Oil Permanent Hair Waves commodity can you get than its
Several ofl-Ared which are Large, Soft and Natural, Artistic Finger and Marcel Waves, Oil market price a price which some weight 77 tons. customer is willing to pay?" Great steam couches of somewhat lighter Treatment, Shampoofer, Henna Pack Britain, he says, can buy gold on the design are also under construction. (any colour), Hair Cutting and Mani- Since at a speed of 90 miles an cure for Ladles and Gentlemen. Con basis of the U.S.A. dollar, and so can hour the losses due to air resistance scientious, Artistic Work by Europian
Expert, Mr. Alexander. any other country whose money is depreciated. There is no lack of form a very considerable part of the total resistance losses, special buyers of gold, but "Amateur" ques attention has been given to the tions the necessity for occupying columns of newspapers on the sub shape of the bodies of the coach, the ject. It cannot be, he argues, that ends being well rounded, and all the question
of whether, gold is projecting structures avoided. The worth, or is not worth, what is most suitable shape was determined being paid for it. "Arcateur" wants by test carried out on models in the wind tunnel of the Zeppelin to know whether he is right, or as
works at Friedrichshafen. bad as "some of the self-styled economists who have been giving relaxation may be necessary in the
Rugby, Yesterday.
Paris
95%
New York
9.76
*
SA WYRDIAN DE-
Montreal
4.15
Brussels
26.95
Gencvá
19 7/16.
Amsterdam Milan
9.32
721⁄4
Berlin
15.75
18%
18.15
18 29/82
12 ΠΟΙ.
127
215
Madrid
49%
gold a battle.".
Lisbon
109%
Athens
290
Bucharest
635
Blo
Buenos Aires
37%
Montevideo. Bombay Shanghai
29 nom.
1/6 % 1/8 %
Chief Manager
1/3 24 17% Silver Forward 17 15/16
British Wireless Service
1/8 11/16
Los Angeles
Interest, allowed on Current As
rebelund · for firade
年
Hong Kong, 11th March, 192A,
OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central. HONG KONG.
over EL. 8,000,000.00 ..... over H.$30,000,000.00 Every description of Banking and Exchange business transacted.
Current and Fixed Depost Accounts in local and eign currencies opened for cllaots.
Savings Account and Bats Deposit Boxes. Branches and Agencies uit over the world.
KAN TONG PO,
Stockholm
Copenhagen.
Oslo ... Vienna Prague Helsingfors
Horg Kong Yokohama
Silver Spot
Tobe
Tandon
Toko
near future. The same applies to Italy, where the foreign quote has MORE WHEAT FOR EUROPE. been raised to 40 per cent, in the north and to 60 per cent, in the
European buying is the chief south.er
in
Germany also needs wheat badly.....
Just Received.
YVERT ET TELLIER POSTAGE STAMP CATALOGUE
FOR
1932
At $6 Each.
GRACA
CO
factor in the wheat market at present. Continental stocks are The European demand is expected to comparatively small and many coun- expand because of poor rye crops. Dealers in Postage Stamps, Religious tries have now modifed their import This demand is being largely met restrictions, spreman from Australia, Argentine and
France has now raised her quota Canada. There are many indica-
Goods, Pitorish Post Cards,
NG 10, WINDRAM. STEERY,
of foreign wheat to 30 per cent, tions that Russia will hate a smaller! P.O. Box No. 620~ !" HỌNG LONG and it is anticipated that a further surplus for export this year.