BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
daharlani. Csptial
Tally Paid-up $6,000,000
Moserro. Funda 1-
TROYINGOLOF COOMS ONCORD $16,000.998 Howeve. Liability of Proprietors - 850,000,000
SHAD OFFION: HONG KONG.
BADEN OF DIRECTORS |--
Mou, Mr. 1. 2. Puterona.
Chairnes
T. 4. Fusco, Esq. Dopaly Chairma
Hon. Mr. W. H. Ball.
L. E. Compton, Esq. S.T,Johnson, Kvą.
1. Miskia, Esq.
AMOY
BANGKOK
BATAVIA
BOMBAY
. . Plamond,...)
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON.
Paid-up Capital
Réserve Fund
Besarve Liability of
Pro-
prietors
.£3,000,000 $3,000,000
.$8,000,000
ACOB HIÁB
'AMBITHAR
Taj.
BANGKOK
T. EL. Ever, Mog.
2. P. Warrow, Bog.
J. M. Oragbarn, Baq. Chind Manage.
BRANCHES :--
LONDON
LIOMB
MALACIA
MANTLA
PRIFINO
SALOUTTA
CANTON CHPOO
OGLAMBO
BAIMEN FOOCED
НАПРИОКО
HAMBURG HANKOW
КСТРАК
NEW YORK
PENANG
BANGDON
BALOON
BAN FRANCISCO
HONGKRW
HAMBIN
LOILO
POM
JOHOR
JOBS
KOWLOON
KOLLA LORTIA
Agencies and Branches:
BATAVIA
BOMBAY
CALCUTTA
CANTON
CAWNFORE CEBU
COLOMBO
DELHI KALPOONG
KUCHING
MAURAB MANILA
MEDAN
NEW YORK
PEPINO (Peking) PRNANO BANGDON
HAJOON
BEMARANG SEDEMEAN
KINOPORE
SITIAWAN
TIENTSIN
THE HO HONG BANK, LTD.
THE CHINA MAIL.
(Established 1917) _HEAD_OFFICE—SINGAPORE.. Hong Kong Branch: 13, Queen's 24. G
Authorised Capital Straits #20,000,000 losed Capital ....
8,000,000
Pald-up Capital
4,000,000
Reserve Liabilities
4,000,000
8,387,000,
of Shareholders.
Burpi
Branches. Agencies and Correspon- dents in the principal cities of“ thei world.
Every description of Banking, und Exchange business transacted.
TAN ENG HOOL
and
Commerce
Finance
SHARE MARKET.
Weekly Reports by Brokers.
Manager.
G. A. HARRIMAN.
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street, NEW YORK.
Capital, Surplus and
Undivided Profts U.S.#228,347,488.11
Branches in:-
ARGENTINE
TEAMBUNG
SUANG FAT
BANKOT
HABBIN
FONG TONG
HOTIRADAYA
ILOILO
TAIPING
MUAB (Johory)
IPOH
XABACRI
TONGKAH (Bhukat)
KLANG
TRINGTAO
BELGIUM
KOEX
YOKOHAMA
BRAZIL
KUALA KANGSAR ZAMBOANGA
KUALA LUMPUR
CHILE
CHINA
CUBA DOMINICAN REPUBLIC
INDIA ITALY JAPAN
BHANGHAL
AINGAPORE
ROUKASTA
SUNOEI PATANI
TIENTRIN
ΤΟΥΤΟ
PSIHOPA YOKOHAMA
Current Aporunte opened in Lioşi Qurranny ard Pized Deposite received for one year or akerter periods in Lost Currency and Sterling w karton which will be quoted on application
Hong Kong, 5th April; 1832.
HONG KONG SAVINGS BANK.
The Business of the shove Back la conducted BOND KONG AND BHANGHAI BANK- ING CORPORATION. Bu'au may be obiniană ➡pplication.
FOR THE HONGKONG, AND SHANGHAI BANKING CORPORATION,
V. K. GRATBURN,
Chial Mannape.
Hong Kong. 27th February, 1932.
THE BANK OF CANTON, LTD.
Established 19*2.
Head Offes-Hong Kong.
Andherland Ospital (ILE. Currency) ...$11,000,000 Pull-Up Ospital
8,000 1,185,BOR
BRANCHYS 1-
Canton, Bhanghai, Bankow,_Bynder, Bangkok, New York and Ban® Fenicisco.
LONDON BANEKEN:-
The Libya's Back, Limited. COLÉESPONDERIN
Ka sil principal cities of the World.
Fangs Exonaga kad, backing bumaons o
Foreign Exchange and General COLOMBIA 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.
Manager.
J. STUART,
Hong Kong, 11th April, 1932,
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING ROCHETT
BANKERS.
Belablabad 1824.
Hong Your Once 1-11, Queen's Bond Central.
Authorised Capital zoom Guildem 180,000,300- Pald-Up Capital in Quilders 80,080.000. Beserve Food
Quildara 40,0£5,000-
Eload Oos-AMSTERDAMA, Instore Hand Office:—BATAVIA, Branca-Bandjarmasla, Bezdceng“. Bombay.
Calcutta, Cheribon, Djember, Djok jakaria", The Hague", "Fiddah, Kõbu, Makumar, Medan, Palembang, Pak longan, Fening, Rangoon, Botterdam", Bemarang", Bhanghai, Singapore, Bows bala, Joerakarta (Bolo), Tegal, Tillatjup and Weltevreden“,
•* Thess offices have Safe Deposit Boxes lo Lak.
LONDON BANKERS (→
NATIONAL PROVINCIAL BANK LTD.
Correspondeate ali oraz the world; Backlog Busi -se of avery description transsoted.
A. STOKKINK,
· Hong Kong, las December, 1981.
Manager.
LOOK POONG SEAN,
Más Deport Borsa (variona slosa) si a poety
TEX
Chief Manager. | AMERICAN EXPRESS COMPANY.
LONDON
MEXICO
PANAMA
PERU
CARROLL BROS.
a temporary nature.
SATURDAY, APRIL 30, 1932.
HOME FINANCIAL iment will be about $824,000; this
MATTERS.
Britain's Improved Position.
CONFIDENCE RESTORED.
Fear.
This bond now yields £5 10s. per cent, or about 58 per cent, with redemption in 1943. A more risky". proposition, but one whose service was covered about three times last year, is the 5 per cent Reorganisa- tion Loan of 1913, which now. yields 29 55 per cent flat, or £10 1108. per cent with redemption.
INSURANCE CO'S. DIVIDENDS.
Hong Kong, Friday, April.29. The Share Market during the past Bank rate disappointment (only checked the upward week has been fairly quiet, with momentarily very little business passing, and al- movement in values on the stock though rates improved during the markets in London in the first week carly part of the week, this slight of March. The "no change" decl- improvement appears to be only of slob Was ..not entirely un- BRITISH TRADERS INSURANCE.
A fairly de-expected for it is natural that the Hong Kong, April 29...
cant business in Cements, China authorities should like to wait Subject to audit the Directors Mr. G. A. Harriman's weekly Providents and Ewos were nego- for any consequences of the will recommend the payment of a but generally speaking removal of the foreign exchange Final, Dividend of Four Shillings share report and market review tlated,
there is very little to report. restrictions, which is discussed in a per share for account of the year issued at noon, states:
Banks-A few Banks changed later paragraph. Gift-edged securi- 1930. We have again to report a very
hands at * $1,500, and fur-tlea again led the van, and were They will further recommend an excellent market during the week ther shares
at this followed, though a little laggardly, Interim Dividend of Five Shillings are available under review with the volume of figure, with only possible buyers at by other first class
Investment per share for account of the year. stocks.
1931. trading considerably better than about $1,460.
||||Insurances —After sales of Can- Activity, however, broadened · as has been the case for sometime ton Insurances at $1,200 cum divi- well as increased. The leading in- UNION SOCIETY OF CANTON. PHILIPPINE
past. Chinese investors are again dend, there is a further demand for dustrials, domestic and foreign, Subject to audit the Directors ISLANDS returning to the market and a much this stock at the improved rate of were sought after and survived will recommend the payment of a PORTO RICO
Immediately.$1,250 eum dividend, but shares are some profit-snatching. better tone prevails.
Final Dividend of Sixteen Shillings STRAITS
SETTLEMENTS after the Settlement oh Tuesday scarce at this rate. A small parcel Paris had the bit between its per share for account of the year.
of China Underwriters was sold at teeth and was undeterred by the 1930. URUGUAY
las the whole market took on а VENEZUELA
much firmer complexion, and trad- $4. Union Insurances are wanted sharp rises in its favourite olls and
They will further recommend an In the at $450, after sales at $455. Shares mines, and the home investor was interim Dividend of Twenty-four Commercial and Travellers' Lettering in general increased.
showing revived interest. Shillings per share for account of of Credits, Travellers' Cheques, Bilk speculative section Cements firmed are not plentiful even at the latter also of Exchange and Cable Transfers up at one time to $18.90 cash and figure. Hong Kong Fires have buy- Though caution is still desirable, the year 1931.
for basic International conditions bought and sold. Current accounts $19.25 June. Hotels remained ers at $1,150. and Savings Bank accounts. opened
Shipping: Douglases are wanted are still little improved, many | CHINA FIRE COMPANY. and Fixed Deposits in local and for around $13.10 and Lights around eign currencies taken at rates that $21. In the Investment section at $27,, with no sales to record. shares were certainly undervalued
Subject to audit the Directors may be ascertained on application to Trams and Lands were in strong her Transports are down, with and their recovery, is not unhealthy will recommend the payment of a
demand at $22 and 76% respective sellers at 35/6d, and buyers only
Final Dividend of Nine Dollars per We are also able to offer our Cas-ly whilst Electrics were also sought offering 32/68.
Two Imortpant announcements share, a Bonus Dividend of Six tomers the services of the Branches
Mining:A small business was were made by the Chancellor of the Dollars per share and an Exchange The sterling section of the International Banking Cor for at $78. poration in Spain and also of The was quiet on account of the uncer, done in Raubs at the reduced rate Exchequer on Wednesday last The Bonus Dividend of Seven Dollars. National City Bank of New York tainty of exchange but was inclin- of $34. Benguet Explorations have first was of the repayment of £50 per share for account of the year (France), S.A., in Paris and Nice. ed to be easier with Banks on offer improved to a buying rate of 30 million off the credit contracted in 1930.
at $1,800 and Unions at $460. The cents.
New York last August and 818 They will further recommend an Lands, Hotels and Buildings: million off that simultaneously, con- Interim Dividend of Three Dollars official exchange rate being 1/2. Although the political situation in Hong Kong. Hotels are a
steady tracted in Faris, leaving balances per share for account of the year
of only $10 million and 2071931. THE BANK OF TAIWAN, LTD. Shanghai allows the 'Bears from market with buyers at $18,16, and c
time to time to raid the market, the sellers at $18.26. Hong Kong Lands million respectively. feeling in local circles remains very were dealt in at $76% and $784 These credits were extended for HONG KONG DOLLAR
and buyers are still asking for
a year and their repayment six calm and wrought with ample con- fidence Whatever that temporary shares at 876% Hong Kong Real- months before maturity is almost fluctuations of the market may be, tys show a slight improvement, at striking testimony to the recovery they count for nothing, as entire $11.60 sales and buyers, Humphreys made in Britain's financial position confidence has now been restored in are wanted at $152, with no shares since last September. Still more the maket after a long wait, and available under $16.
'striking, however, is the fact that this foonfidence' is duly being reflect- Cotton Mills:-Ewo Cottons are a while these sums in dollars and dropped another 1⁄2 to la. 21⁄4d, and Kaluar, edonditions generally and in steady market with buyers at the francs have been accumulated, ater- the market was inclined to be easy. Wakong, Nants, Bbluehlkn. Trichu. Talnan theme of trading in all sections. close offering Taels 18.35 ex divi-ling has actually risen in the for There was practically no business, CHINA:-Bangkal, Hankow, Amor, Foochow Altiugh a few counters closed dend, after a fair turnover of shares eign exchange markets.
Kowever
the Bank.
R. M. HCLAY,
Manager. Hong Kong, March 1, 1982,
(TAIWAN GINKO.) :
HEAD OFFICE:-Taipeh, Formoss,
Incorporated by Special Imperial Charter, 1899.
Ciral Bank in Formosa,
BRANCHES AND AGENCIES: JAPAN: Tusko, Yokohama, Kobe, Osaka. PORMOSA:-Giran, Kagi. Karenko
Bank-Noter lavuad Average Amoral Teu. 1.000.000
Takso. Tammil, Toon, Helto. Taits.
Bestow, Cacios.
+
York, Dairan.
LONDON BANKZES: Barclays Bank, Ltd., Lloyds Bank, Lid.. Midland Bank, Ltd.. Westminster Bank, Ltd.
J
Commercial Casteve thoughout the world.
INDIA, LTD.
..
HEAD OFFICE
15. Groschurch fitrest, Londen, E.C3.
INC.
K. NAGURA.
THE BANK OF CHINA.
**ALLAGHT.
行銀國中
Head Office:-65, Broadway. New York.
HONG KONG BRANCH;
Das Vaux Road Central. Hong Koog: December 24. 1981,
!
Raorganised October 26, 1928, onder
Capital
.U.S.$6,000,000
special charter of The National Gov- ernment sE IS
Surplus
, U.3.81,572,454.
Reserves
„U.S.$1,903,209.
INTERNATIONAL EXCHANGR
BANK.
BRANCHES:-
Subscribed Capital
$25,000,000.00
Amasordam
Paid-Up Capital
$26,710,290.00
Reserve Funds
Bele
.$ 8,820,508.82
Sterlin
Gach
KATAL Hamburg Haves
Nspies Frumus Paria Pasang
Blacrise
Interlaken
Peking
Desman
Bema
Jarsalaca Lind London
Benos Aires
Detro
Liverpool Liewenn Lago Luxor Colombo Macallin Conetenloopis Mania Carla Copenhagen Mazda Kisburgs Varen
Pirm Botterdam Bond Bambout
Bangkok
Penang
Daterle
Port Louie
Shanghal
Bombay
Emachi
Southampton
Calpulia
Kota Bharu
Blogspare
Colombo
Kuala Lipia
te. Jorise
Daksh Gulle
Kuala Lumpur.
Vienna
Munich
Montana
Hilan
Tation Yakobams Eurich
Hoai Hoar Howrah
Madra
Bourabaya
New York
HONG KONG BRANCH,
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 work, we are able to extend to our -clients special facilities for domestic and foreign banking and exchanges.
Calot Cannes
→ Checera
Authorised Capital .£8,000,000 Subscribed Capital 1,800,000 Paid-up Capital ....... 1,050,000 Reserve Fund & Rest. 1,217,927
BANTERS:
*The Bank of England a Midland Bank, L.
BBANCHES:
Ipak
Kandy
(Mauritius)
Rangoon
Shapphaf Sirala
Kuantan (Paino: Singapore
Travellers Chaquen lassed.`
local market.
Higher Finance,
F
Further Drop of, % Yesterday,
Yesterday the Hong Kong Dollar
Forward
+
16% 18.15/16 17...
17. 1/16 At two o'clock this afternoon the rate
OTHERS-Hong "Kong Bingapore, Sourabaya, slight on the easy side the under at Taels 18.20/18.35. A good busi◄ The amassing of the fund of In London silver went do
Semarang, Batavia, Dombay, London. New tones very reassuring that a ness took place this week in this foreign currencies has undoubtedly 5/16 spot and one farthing form
brigh, future is in store for the stock for forward delivery.. been Zavoured by the large ship while In New York there was a
$ Docks, Wharves and Godowns:-mants of gold from India, and also, drop of % with the market dull Banks.-Hong Kong Banks were Kowloon Godowns are wanted at though to a lesser extent, by the At the local Chinese Exchange Zine Bank the Correspondente in all the principal put through at $1,500, and-more $143, with shares available at $144. export of gold sovereigns, jewellery last evening, Canton Central Bank shares could be placed at this figure. China Providente, old and new, are and the like, which the high; price notes were quoted at 52.4 per cent. Bank of East Asia remained un- just a shade better, with buyers for of gold has tempted the public to and Hong Kong dollar notes in changed with enquiries at $118. 'the Old at $4.80, after sales at sell
exchange for Kwongtung silver Insurances-Canton Fires were $4.80/4,30, and for the New at But the major cause facilitating were at a premium of $421 per in demand at $1,250. Unions had $2,80, after sales at $2.30/2.35. the repayments has been the re- $1,000. THE MERCANTILE BANK OF buyers at $460. China Under Kowloon Docks are quiet at $22'storation of confidence in this coun- London Silver. Prices.
writers were obtainable at $4. nominal.
try leading not only to the repatria-
London, Yesterday. Shipping. Douglases Improved Public Utilities: - Hong Kong tion of British funds from abroad Closing silver prices in London to a buying rate of $27.
Hong Trams are just a shade easier, with but to a flow of foreign money here to-day were: Kong Steamboats remained quiet buyers now only offering $21.30, and for investment. Mr. Chamberlain's
Apr. 28. Apr. 29. with sellers at $22.75.
Spot at second announcement was of the re- sellers at $22, after sales Docks, Wharves and Godowns.- $22/22.85. Star Ferries are abso-moval of the restrictions on pur- Hong Kong & Kowloon Wharves at lutely neglected at $911⁄2 nominal chases of foreign currencies. tracted no attention with sellers at Yaumati Ferries, cum rights, have! Of less Importance in itself, for London on New York cZÓBY $114, Prvcidents were done in improved to a buying rate of $35.25, the restrictions were not serious in was quoted £1--G.$3.654.—Reuter. quantity at $4.75/95 for the old ex dividend of $1.75. Taumati practice, their removal, neverthe shares and $2.35 for the new, the Ferry Rights are wanted at $10, less, marks the passing of the
ALL.D. CERTIFICATES. market closing with buyers at $4.90 with no sellers. China Lights are last vestige of the extraordinary and $2.80 respectively.
practically unchanged with buyers steps taken in September to support
Messrs. A. Gooke & Co.. local Hotels and Real Estate-Hong for the Old shares at $21.10, and the , which now stands and agents for the Beclete Internation- Kong & Shanghai Hotels (C.R.) $20 offering for the New. Sales stands firmly-on its own feet. ale de Placements, Basle, advise were on the easy side with bayers of Hong Kong Electrics were effect. The expected further reduction in us that yesterday's official quotation Branches of American Express Contracted
Every description of Beaking and Exchange but offering only $18 after sales at ed at $74, the market closing with Bank rate to 4 per cent, will assist in Basle was: £2.11.6d.
$18.15. Hong Kong Lands re- buyers at $784, and sellers at industry and the Treasury without We also handle the issue of Bonds pany in Principal cities of United
Trustee and Executorships under mained very firm with enquiries at $784. Hong Kong Telephones show impairing the strength of sterling taken.
INTEREST allowed on Current Accounte $76.75, shares having changed an improvement, and after sales at and constitutes another sign of the Fized Cappella at Bates that may be ascertainedį hands at $76.50/.76. Hong Kong $24, buyers are still asking for return towards normal conditions.
Realtys were transacted at $11.55/ shares at a shade higher than this Chinese Customs. Bonds. Manage..60, closing slightly easier with rate.
The total requirement of the ser sellers at the former rate.
Miscellaneous: Canton Ices are vice on all the Chinese Customs Cotton Mills. A fair business wanted at $5, and at this rate a Bonds for 1982 will be £7,740,000, was done in Ewos at Tis. 15/15% small parcel of shares changed which comparer with receipts from and corresponding rates for for hands.. Cements have been the Maritime and Native Customs, ex- ward. deliveries.
· medium of a fairly large business cluding tonnage duas, junk dues and Public Utilities-Trams remain this week for cash and forward de- famine relief surtax, amounting_to ed quite firm with business effected livery at improved rafas. Early in 'over £19 million in 1981. The at $22 and more could be placed at the week shares were sold at $18.40, figure has fluctuated, and ... if fell this rate. Star Ferries neglected with sellers at 890% close only $18.60 is offering with considerably larger sum than that were then $18.90 was done, and at the below £10 million in 1927, but a China Lighte... (old) were a shade sellers at $18.75. Hong Kong, Ropes has generally been available in the ealer with buyers paying only are steady at $14.10 buyers. Dairy past decade. $20% for shares. Hong Kong Farms have sagged a bit, and only It is, however, possible that one Electrics were in demand at $7814 327.80 is now being offered for source of the revenue will be dried without attracting sellers. Tele- shares, with
2
no business possible up, if Japan gets a footing in Man- phones (P.P.) maintained their under $28. Amusements, Entertain-churia, for Manchurian customs strength with buyers prevailing at ments and Constructions are ne provide a part, though not a very |824.152:
glected at quotations. A few Lane corsiderable amount, of the service Miscellaneous Cements attract Crawfords, old, changed hands at of these bonds. Depreciation of the ed a great deal of attention and 35.90, and there is a possibility of currency is, however, no longer a! were dealt in quantity at upward further shares finding buyers at this matter of importance, as a new rates from $18.40/30, but reacted rate. Nanyang Tobaccos have been unit, Axed in terms of gold, has slightly at the close with buyers at In request for a long time at $5.25, been substituted for the Haikwan $18.70. Hong Kong Ropes were but this rate does not appear to Teel as the basis of import duties: firm at $14.20 with sales reported tempt sellers. Sinceres have im- By this readjustment of the At $14%. Small, parcels of Dairy proved to a buying quotation of valuations greater stability, of Farms changed hands at $28. $17.40, with no business reported ceipts in terms of gold is as
and ether Publie Fonds of the Ohio
* Government both at home and abroad.
SHOU -3. CHEN,
Manager.
Hong Kong, 5th March, 1981.
States of America and Canada.
All clames of Commercial Banking Transactions undertaken.
Personal
THE YOKOHAMA SPECIE BANK, handlod.
LIMITED.
Establed 1880...
Capital. (fully paid-up) Yen 100,000,000 Reserve Fund ... ****. Yen 117,300,000
Head Office:-TOKOHAMA,
Branchen und Agencies: strí
New York
(Mukden) Bio de Janeiro
San Francisco
investment secounts
The Company offers to intending Travellers, the use of its "Travellers Chequee" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department.
E. W. DUGGAN,
· Manager.
an application.
J. B. ROSS,
1. Queen's Road Central,
Hong Kong, 7th April, 1982.
Printing
PEASONABLE
TREETS
THE NEWSPAPER EN LTD.
CENA KẨN, AURA SA MSIMRAN ST.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE;
10; Des Voeux Road, Central HONG KONG
over HL.$ 8,000,000.00 · aver: H.820,000,000,00
description of Banking and Kachangs
and Fixed Deposit Accounts in local and for chas opened for clients.
at and Safe Deposit Boxer
ever the worldia
KAN TONG PO,
and
realised Watro
right
demar
.
are wanted at $14 cum The several bonds Guvernment Loan is also in a more certain Bank
[in fact, be
day's rate of Ex-The first charge,"
$17/19, 1/2445 will hoon
Days:Max of 189
TOMORROW AT THE KING'S.
Delicious
JANIT GAYNOR
FARRELL