BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION,
Aziberiad Capi§.51,900,000 Larend and Folly Fald-up,000,000 Resorts Panda-
see # 1,800,000
walked that Passangeet. $30,000.000
Moserre Clability of Proprietors..... $30,000,000
HEAD OFFICE: BONG KONG.
MS OF PIRETOR-
Rom. v. 3, 7. Pron. Chalme
T. I. PON. L. Danży Chairman.
How. Mr. W. X. Bell,
2. M. Dempion, Log,
M. T.Jahmon, Kuq.
6. Makla. Bes
ΣΜΟΥ
MANOKOK BATAVIA
BOMBAY
WALJUTTA
CANTON
CURPOO
J. A. Mammer, Hig
T. H. B. Shaw. Ing
1. P. Warren, Esq.
V. M. Graybana, Boų.
OOLONDO DADDEN FOOCHOW
TIPHONO HAMBURG HANKOW HABRIN
TIONG KEW
ILOILO
LOE
JOHORE
EOBE
KOWLOON
Chist Manager.
BRL VGCHES -
KUALA LUMPUR
LONDON
LYONB
MALACCA
MANILA
MUAB (Johor)
KUEDEN
NEW YORK
PELPING
PENANG
RANGOON
RAIGON
GAN PRANGIBOX)
BHANGRAI
SINGAPORE
HOURABTA
BUNGRI PATANI
TIENTSIN
TOXYO
TNINGTAO
ТОКОНАМА
Curren) Lonostia operad in Local Cursory and Pizad Depoalie rostred for one your or aberler perioda in Lord) Currency and Berling ww struk which will be quoted on appliosilon.
Hong Kong. 6th April, 1932.
HONG KONG SAVINGS BANK.
The Builnoma of tha abore Bank la condunted by the HONG KONG AND SHANGHAI DANK- INO COMFURATION, Bư'm may be obéiland
application.
FOR THE HONGKONG AND SHANGHAI MASKING CORPOBATION,
V. M. DRAYBURN,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1859.
HEAD OFFICE: LONDON,
Paid-up Capital
Roserve Fund
.£3,000,000 .£3,000,000
Reserve Liability of Pro-
prietors
..£3,000,000
Agencies and Branches:
ALOR STAK
AMHITSLA
KUCHING
MADRAS
BANGKOK BATAVIA DOKBIT SALOUTTA
CANTON CAWNPORE CEBU COLOMEO
HAIPHONG KAMBURO BANKOW
ПРОЦ
KARAQUI
KLANG
XOLK
MANILA
MEDAN NEW YORK
PEPINO (PD
PENANO
BANGOON
THE HO HONG BANK, LTD.
(Established "1917.)
HEAD OFFICE:-SINGAPORE Hong Kong Branch: 11, Queen's Rd. C.
THE CHINA
Authorized Capital Straits $20,000,000 | Issued Capital .... Paid-up Capital
Beastre Liabilities
of Shareholders. Surplus
8,000,000
4,000,000
4,000,000
2,687,000
Branches. Agencies and Corzeapon- dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
་
CHRIST
MAIL.
Commerce and Finance
AND COMMERCE
A BISHOP'S COUNSEL TO FREE TRADE
ADVOCATES,
THURSDAY, APRIL 14, 1932.
HONG KONG STOCK EXCHANGE
Opening Daily Official Quotations, April 14, 1932.
NEXT SETTLEMENT DAY, TUESDAY, APRIL 16, 1989.
STOCK
Dayli
Sales Noia. Fin,
ото
Last dividend and when paid
Banks.. Hong Kong Bank
Four
A קיד
TH
Manager
Religion, the Bishop of Middle the need for universal Free Trade, ton pointed out in an address on in which the Fres Trade case had Bank of Asia ........ "Christ and Commerce" to
been expressed which were no whit Amer. O, Fin. Corp.M$ the
better than the moal blatant and North-Western Fred. Trade Ualon, jingoistic Protectionism.
Instrances.
(Lon. Reg.)...L Chartered Bank £ Mercantile Ek., Aað. Ľ
G
(1850)
102
ƒ Mon] #3 at 1/5}=#43-74}
making for al
Foc.
Vin. Hab, to Tex we
1 pr. -, 39
118)
11
Doc. Int. no 1931 Iun+1}isv
139
115 ise, s for it..
Dea.
He did
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street, NEW YORK.
Capital, Surplus and
Undivided Profits U.S.$226,847,486.11|
Branches in:-
BAIGON
GEMARANO
BEREMBAN
SHANGHAI
SIXOPORE
HARBIN
BIZIAWAN
HỒNG CŨNG
SQURABAYA
ILOILO
TAIPING
TIENTSIN
ARGENTINE
TONGKAH (Bhufel)
T913OTAQ
BELGIUM
YOKOHAMA
BRAZIL
CHILE
CHINA
and Genera)
COLOMBIA CUBA
REPUBLIC
INDIA
KUALA KANGSAR ZAMBOANOA
KUALA LUMPUR
Foreign Exchange
Banking business transacted.
Current Accounts opened and Fix-DOMINICAN ed Deposits received for one year or shorter periods at rates which will be quoted on application.
J. STUART,
Manager.
Hong Kong, 11th April, 1932.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
BANKERS
Erlabaked 1924,
-
Hoog In Office :-II, Queen's Road Central. Authorised Ospital Paid-up Caplial
Chat Mangst.
Bore Fund
Hong Kong, 27th February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office:Hong Kong.
$11,000,000
1,100, 305
Amikoriand Ospsial (ILK. Ourreany) Pull-Up Ospital mananesiummm.. 1,863,000 Mosters Fund - A
BRANCHES:-
Canion. Shanghal, Hankow, Avalon, Bangkok, New York and San Frases
LONDON BANKERS--
The Lloyd'e Bank, Limited.
DORRESPONDENTS
In all principal alties of the World.
Tap Brokangs and beating banner at
every secription transaiad.
Bade Deposit Boza (variona zinaa) on • yourly
bal of from 0 to 140.
LOOK POONG SHAN,
Chief Manager.
Subscribed Capital ‚$25,000,000.00
Pald-Up Capital
Reserve Fund.
Guildar 100,000,000. Guilders 80,000,000. Quildmen 40,016,000-
Hand Off-MSTERDAM". Eastern Head OMα-BATAVIA. Branches:-Band)stusein, Bradostig Bombay,
Calcutta, Charbor, Djember, Dip akaria The lagun”, Jiddah; Tobe, Radio Palembang, s Isogan, Penas, Rangoon, Botten
Semarang Bhanghal, Singapore Bour bais, Bearskarta (Balo), Tegal, Top and Waltarendsa',
• These offices have Bafs Depoelt Bome to Lal
LONDON BANKERB:--
NATIONAL PROVINCIAL BANK, LTD. Correspondant all over the world. Banking nes of avery description ira:sected.
1. STOKKINE.
Hong Kong Ist December, 1981,
THE
of
י
LONDON
MEXICO
PANAMA
PERU
PHILIPPINE
Indus.
H. K. Fire Loa, `$
if it was to be worth the name not think one could say as a Chris-Canoo Iur. must have something to say to tian that scientific tariffs
were Union lot. ..... every department of public life, necessarily wrong. He did not feel China Underwriters...$ but at the same time he warned his yet that
our leaders whether China Fire Ins........ audience that it was impossible to statesmes, economists, or find any complete economic pro-trialists-had given their concen gramme In Christ's teaching. Hé trated attention to What must come international Auce. "Tls. refused to become allied to or the first, human Túss. In a world tool of any one party or section. which was rapidly growing richer Douglas.....
Shipping. They all tried to make Him join there were consumers hardly know-H. K. Steamboats them, they all falled, and finally ing where to turn."Mankind seem- PORTO RICO STRAITS
united to get Him out of the way, ed to be entering upon a period Indo-China (Prof.) ...$ SETTLEMENTS "Beware," Dr. Parsons said, "ef not of scarcity but of superabun- URUGUAY
the danger of trying to make capi-dance, if only we could get the VENEZUELA
tal out of Christ. He is not here problem of distribution solved. for Free Trade or tariffs, He is "I don't know," Dr. Paraons com- here for truth."
mented, "whether by itself
Free There were ways, he said, al-Trade is going to solve though he was a firm believer in problem."
ISLANDS
ITALY JAPAN
Commercial and Travellers' Letters of Credits, Travellers' Cheques, Bill Exchange and Cable Transfers bought and sold.
Current accounts and Savings Bank accounts spared and Fixed
Deposits in local and for- eign currencies takes at rates that may be ascertained on application to the Bank.
We are also able to offer our Cus- tomers the services of the Branchos) of the International Banking Cor- poration in Spain and also of The National City Bank of New York (France), S.A., in Paris and Nice. R. M. MCLAY,
Manager. Hong Kong, March 1, 1982.
(TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formos.
Incorporated by Special Imperial
Charter, 1809.
Central Bank in Forests.
FUTURE RUBBER SUPPLY.
Certain To Be Curtailed.
1.
(Def.)
Shell Bearer ................. Union Waterboats ...
Minlag.
1250 100.
Ptbox. $10 for tw Tinurken zo 1930 ....
Doo. 30 for 1
Istorinic 1430)
Deo. None
(Flabo4 Baj
And $11 for 1990s atarim 43 e 1o31
making #69 for Jash...
476 480
000
Lind.
++
|1198 || Ne
Dro.
746
+*+
- 2:0
Dea,
nec.
བ་་
MA
41
**
this beagues 131
BANK OF ENGLAND MEETING.
Kailan Mining Adi sf- Langkats (Single)...Is. S'hai Exploration...Tls. Loan........Th.
Raubs
The half-yearly court of the Venezuela Cold Fields ș Governor and Company of the Bank
Docks, Wharves,
***
----
10
*Ins.,99
*
May 19, Mar 29, 4.
Mar 841
*** 0.
June +$1
theo Latvijas für 1950 ...
tridumd for Jua
112. ex. 2/-1 on prolerimiz
for 1924 and 1925
Tant dividend for 183.
Iro Tanato 1800 me
39/11 Cupon No. 181 | July 8, #1
Poorea for 18
I. Plat. contavuraje (412) War, 81, 89 21/6 Juno (% temo 1/Tax Oʻpos ; Iva, — 2. 1 fat year 1 er! fct...60 günr 31-3-20
:ཐྩོ -,B॰
Mar. 80, 59
May 8, 10
Foo. Non
the
Flac.
T. £.do
fur 19
Mer, Int. 2-ale year 31-333 ..... Doc.
Feb. B, Ji Nar. 15 #
I notice that Messrs. Henry of England was held on March 17,: Gardner and Co., the well-known in the bank parlour, when the produce brokers, have issued a cir-Governor, Mr. Montagu Norman,
H. R. & K, Wharves..$ eular in which they attempt to fore- announced that the profits for the South Ch. Motors (A))
H. K. & W. Dock...$901 cast the conditions that will ensue six months to February 29 last
(B) following an announcement of the amounted to £627,201. Although Chins Providents (ald) $ 1.85 Dutch Government's decision con- the issued capital of the
(new) $ 21 Bank
Godewas, &c.
[1+8$ | † ec. | fai 1931.martanam genermei
Mar. 10 89
Joo. Laut dividend for 1921.-S.
༄་
110
Dea.
**
..
Floo. 116 cents on vide
**
anta com for 201
Wax 91,19
400
"ee. Interim T. 3x/ T
(20%. 9, 9
41
Dec.
TU for 1931 - ..
Mar 8, it
Sa
Aprorfur Mid-St
July 12, 01
EXCHANGES.
TO-DAY'S QUOTATIONS. Op London-
1/2%
21
201
THE BANK OF TAIWAN, LTD. cerning restriction, says the writer amounts to £14,553,000, only about Hongkewa. of Truth's rubber notes in the issue fifteen of the proprietors put in an shanghai Dxi ...Tis. N. Enginnedag...Ta. of March 2. They do not stäppearance, and it was remarked [Continued at foot of next column) that the number of directors pre- Lands, Hotela d
sent exceeded the number of stock-
Buildings. holders.
H. & S. Ilotis (C.R. 10 The proceedings were
(Rights)$ purely formal, and were completed H.K. Lands...........$ within a quarter. of an hour.
Many home and foreign observers Mezopotion Lands Th.
Shanghai Lands...Th. { are mystified by the fact that, Humphrey.......$ while the chairmen of great joint H. K. Besides $11.00 stock English banks make long and Asia Reales "A" ...M3 illuminating speeches at the an
"B" ...MS nual meetings of shareholders, the Chincue Estates95 Governor of the Bank of England Benguet Exploration $ 9 the most important banking institu Cotton Milla. tion in the country-if not in the Ewa Cottona......Tha 15 making any reference to current Shanghai Conon... Th. world-studiously refrains from!
-
Bank-Notes Unued Average amount...Yen. €6,000,000 DHANCHES AND AGENCIES; JAPAN:-Topko, Yokohama, Lode, Oraka. FORMORAltirsa, Kagi. Karenko,
Manager.
AMERICAN EXPRESS COMPANY.
INC.
Making Nanso, Shinshiko Tach, Tala, Bank, on demand..
Epolaos, Bank, wire -Takao, Tamani, Toen, filio, Tallo.
1/23% CHINA Shanghai Hantor, imoy, Poocher, Bank, 4 months' sight 1/21⁄2
Bralow, Canton. OTHERS-Zoo Kong, Bagipors, Borsby, Credits, +
Bears. Betaria, Bambay. Landae, Now
York, Dalen.
LONDON BANIELS:
Barclays Bank, Ltd.. Linda Bank, Ltd.. Midland Fank, Ltd., Wentmaster Beak, Lid. The Bank be Compondsole in all the prinda Commercial Centres throughout the world. I. NAGURA,
Maangu.
YVERT ET TELLIER
affairs in his all too brief addresses Zoong Sing.Th. to proprietors.
Suggested Innoration.
Pablic Uulities.
There is a strong feeling. in. R. Tramways ... 1
Peak Trams (old) ...$ many quarters, that Mr. Normani should seize the opportunity prestar Ferriet .....................
(REW) ...$ sented by these half-yearly courts Yaumati Ferries ............$
(Dew) ...$
ཀྑཱ ཿབྷནཾ། ༈།;
shaping of which the Bank of Eng. H. K. Electrice $74 land plays so vital à part.
He Macao 31
might imitate the example of his Sandakan Lights .... friend, the Governor of the Bank... Tals. fully paid $
months'
sight
1/3%
Documentary,
4
months' sight
Un Párty
On demand
1/8
675
"redita 4 - months'
THE BANK OF CHINA.
行銀國中
Head Office:65, Broadway,
New York.
Bight
620
HONG KONG BRANCH:
Dan Yoma Band Central, Hong Kong December 24,
On Berlin-
On demand
Nom.
On New York-
Beorganized October 20, 1928, under
Capital
special charter of The National Gov-
Surplus
wynment an an
Reserves
.U.S.$6,000,000 .U.9.$1,372,454 .U.S.$1,808,209
On demand
22%
Credits, 60 days' sight 24%
On Bombay-
INTERNATIONAL EXCHANGE
BANK.
BRANCHES:-
Just Received.
Wire
79%
On demand
79%
to make an important declaration China Light (old) .....$ on national financial policy, in the
.
$24,710,200.00
.$ 3,820,508.82
Amierdam Antverp Athang Boala Berlin
Onbon
Nice
Glangyar
Naples
On Calcutta- Wire
Blarrita
Bombay
Mireus Parla Ролков Paking Falanor. Botterdam Flotne Blamboal
79%
On demand
79%
On Singapore----
¡On demand
51%
of France, who, at the recent meet Chin
On Manila-
Bhanghai Bout Singapore
On demand
45%
On Shangha...
On demand Dollar
T74
4% dis.
step
On Yokohama ---
"
On demand
Sovereigns
(Bank's
buying rate)!
Silver (per oz.)
Bar Silver In Rear
***** 68%
1/3% 16%
Kong
Nom.
Copper Cash h
Copper Cente
Nom. 1% prem.
Rate of Native In-
tárest
825% p.# Chineso Sub. Coth 29%% dia. Hong Kong Sab." Cols Par
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
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 foreigo banking and exchanges.
We alap handle the issue of Boads and other Public Funds of the Chin see Government bath at home and -abroad.
SECU J. CHEN,
Manager.
Hong Kong. 5th March, 1981.
THE YOKOHAMA SPECIE BANE, LIMITED.
Established 1880,
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
...Ten 117,300,000
Head OfficeYOKOHAMA,
Branches and Agencies at: Alexandria
Batavia
Berlin
Bombay Calcutta Canton
Chan chum Dairez (Dalny) Fengtien (Makden)
Hamburg
Nagasaki Nagoya Nowchwang
New York
Pelping Rangoon
Seitde
Rio de Janeiro Ban Francisco Sankrang Shangha Shimono if Singapore Boerabaya Sydney Tintain
Tokyo.
Con Current As
Bracona Araments Buon Al
ESTADE Hamburg Havza Interlakes Jerusalem
London Liverpool Lucerne
Luipe Marseille Choianitaople Monte Carlo
Osire
Orientia Cecneg Colonba
Copenhagen Kanila
81, Mort
Tivolała
Visons
Venice Yokohams Zurich
Edinburgh
Musich Plareso Montreus Gener
Milso Branches of American Express Com- pany in Principal cities of United States of America and Cabada.
All classes of Commercial Banking Transactions undertaken.
Personal handled.
Investment
soccante
The Company offers to intending Travellers the use of its "Travaliers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department,
E. W. DUGGAN,
Manager.
POSTAGE STAMP CATALOGUE
FOR
· 1932 At $6 Each.
& CO.,
GRACA Dealers in Postage Stamps, Religious Goods, Pictorial Post Cards,
Toys, etc. No. 10, WYNDHAM STREET, P.O. Box No. 820. HONG KONG
Bring Your PRINTING.
Problems to D
THE NEWSPAPER, EISTERPRISE · LTD. CHINA' MAIL. "100-09."
LONDON EXCHANGES
Rugby, Yesterday,
Parla
New York SA WYNDHAM ME.
15% 1.78
4,19
27.02
THE BANK OF EAST ASIA, LTD.
Established 1915.
HEAD OFFICE 1 Den Voeux Road, Central.
RONG TONE
Capital and Surplus Total Resourem
over H. 8,000,000.00 over. I.$30,000,900.0 Every discription of Banking and Exchange busines transacted
Current' and Fixed Depot Accounts in local and fo algn currencies orienéa for alentava ko “Savings Account" and Bale Deposit Boxes.
Branches and Aghumains all cover the world.
KAN TONG PO
Montreal
Brussels
Geneva
Amsterdam
Milan Berlin'
Stockholm Copenhagen Oslo
18:5/16 19 7/16 32 nom: 12714
put paid $14.60;
Buses......... Ta.
lng, made a long statement on the S'poreTractions Ord.)/- financial situation In France and
abroad, says the Daily Telegraph.
(Prof.jef
Industrials,
Now that the Bank has made a Malabon Suga
forward in the path of cald: Macg. Ord.... Tls. publicity by issuing to the public
Pref....Tis.
Its valuable monthly statistical Canton kes summary, it is to be hoped that the Cements (com.)...... Governor, while maintilning acd even enhancing the dignity of a
(new) great institution, will depart from
H. K. Ropes inner precedent and, to other great
Chint Agriculture. banking authorities, give the world
Stores, &t... the benefit of his peculiarly well. Dairy Farm! informed views on the financial
Watons outlook.
Never would the guidance of a Lane Crawfords (old)...$ Der A Wings en $ shrewd an observer of Interna tional Anancial affairs be
** (new welcome and helpful. Anyone at Sinceres ..............$ (18) tending the meeting must have Wm. Powells been impressed that a great oppor- ,tunity had been missed.
*
(Right) $
more Mackintosh $
Miscellanions.
5. C. Enterprises $
:
2.40
78
... 25
*** 110
Dec. Pisal Thoune 3
Feb. 15, 89
Apr. 8, il
Dea.
Taurasta on now]
Dec. 6icle.jol:) bela.[nom}for 13;1 Mar, 18,89
Dec- Final #aking 84 für 1831
and T-4.74 for
$1.20 on olt
Sep. T. 1yarre 31
12F4b. 27, 82 Oct, 23, 81
lee. Pin.3-eta, mink, eta, for 1931 war, 9, 82
Fab. interim / year 297-32.....) Jan, 20; 19 -
LA
160
Dec.
1180
20of
Dos. ↑ T. 189 for 1981 uromnomnesmiern
Pending
(Apr.1
T. 2 for ball your 31-10-51... Deo. ~ 81
loot.
Jane T. 0-80 for year 516-41 runne
Oct. 8, 81
75
ཝིཝ;
Loc. Funct. waking $1 for 1931 Feb. 11,
150 cts, on old for year
Apr.etaan! 30-4-1 Dec. gs for 1921
June 16, 81
Fab, JA, 01
Deg.
1.80 for 1901)
-
June 99, 13
Sept. 60 età, for j var 204-21
સમ
Dec. BI,
PTAT
Dec. #25 for 1931
Mar. 34,33
·Tape
June Nons
41
Juftame
Dec. Pinay making to for Hur....2, 13 Dec. 0.30 for 1529,
Feb. 28.
T41- Sept. 1 on praterence share Feb 6, 8:
Subject to Irene thi
ན་ སྐྱུ་ཚོཐབ་ཇུaeདྡྷིཧཱུཾཿaཝོ ྂ༔
•
li Granta os mEW
0.55,bonarist.sk.#turi
Peo, s. 4.50 for 1950),.
17.00
Mar. 4, 11-
Mar. 95,8!
18.40]
112 Dea.
July Scoutery 51.7. Ook 9, 83
145 eente on old for `2951
Mar. 9,99 April 4, 19
Dec.
28.60 Dec. 31,75 for IMEI
Oot 80 cent for your $1,10-1
8
Mar. 9, it Pending
5.90
Fab.
Last dividend for year 3
Feb.faryear 18-9-91
Fobi
8.46 || Fab. ] W casts of year 233
Apr. 80, 8
June 1,1
H.K. Amusements ...$28 Ch. Entertainment ..
14.90 Déo, owula fur 1631
Beps Do, ai Mar.28.99
Dec.
Deo.
Dea.
¿ 40 cents on ulu
Deo. 1a cesta on uew
tuzarest half yearly.
tempt to forecast the nature of this statement, but they state that "Te striction or no restriction, the United Theatre Tis.. future supply is bound to be cur Constructions (Olay
Macao Oreybounda“; $ma talled." Roaders will be aware
(New) $1.65 that I have been arguing along 5. ind. G.$ Boods these lines for some considerable H.K. Govt. Loi time past, and confirmation of this view was provided at the annual meeting of the Toerangie (Sumatra) Rubber and Produce Es tates, at which the Chairman stat ed that if the Governments con- cerned did not Impase compulsory restriction of exports the company! will probat decide to stop tapping and confine
Vienna
Prague
Helsingfor
215
Madrid
Lisbon
109
Athens
Bucharest
69734
RIO
Buenos Aires
zare
Monter
Bombay
Shanghal
1/8.1/16 1/718/16
Yak
to bare nce until timez
of au
BRITAIN ON TOP OF THE WORLD
Sir Charles Higham, Islington Chambe
dinnét, satu
hat to those who now control our political destiny-they have made an overwhelming success. Twelve months ago we wondered if our money was safe in the bank yet ay the world knows our banks. are the safest place in which to put
Hong Kong, 11th Märc
157/16