& 4,905,000 $29.640.30
THE
CHINA MAIL.
Commerce and Finance
SHARE MARKET. Weekly Reports by Brokers.
8.000.000
4,000,000
4,000,000
2,687,000
Reserve Liability of Pro-
prietors ...
Agencies and Branches:
Branches, Agencies and Correspon- dente in the principal elties of” the .£3,000,000 | world.
£3,000,000 · Every description, of Banking and
thechangs business transacted. $8,000,000
*TAN ENG HOOL, `
Manager.
G. A. HARRIMAN.
KOOMING
MADRAS
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Aetherland Chapitalbos. 590,000,000 Coral and Fully Paldum. 2,000,000
Bears Pa
Mocktag
Resorts Liability of Prepetators. $24,000,000
HEAD OFFICHỦ RỒNÓ KOKO
R OF DIRECTORS: -
Mon. Mr. J. 4. Patersos.
Chairman.
1. Pacon, Eg Diy Chirasa.
Sz. W. H. Bəli, J. A. Piemmer. Brę,
L. 1 Compion. Las
SE T. Jakavom. Kuq.'
T. H. 8. Glar. Big,
J. P. Warren. Bag,
Y. M. Oraybure, Baq.
Chief Kenager.
BRANQUES -
LONDON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON.
Paid-up Capital Reserva Fund
ALOR 6342
NATAYIA BOMBAY
CALCUTTA
CANTON
CLVIPOKE
CEDO
MANILA
MEDAN
NEW YORK
THE HOCHONG BANK, LTD.
(BaishRohód 1017.3
HRAD OFFICE:—BING/DR
|Hong Kong Branch: 18, Quoou's Bil. C.
Authorised Capital Straits $30,000,000 Issued Capital Paid-up Capital
Resorts Labilition
of Shareholdera,
Surplum ...
kā. Miskia, Eng.
&NOT
MAMIZDX
BATAVIA
BOMBAY
DANTON
OE1700
LYONS
MATACIJA
MANILA
MUAR (Jokors
CALOUTTA
COLOMBO
BATHEN
MOIDEN
NEW TOUR
PODKOW
HAIPHONG
BAKALBO
KANKOW
HLANDIN
HONGIRW
TVOR
FURORE
КОВЕ
KOWLOON
KUALA LUMPUR
PEIPINO
PENANG
RANGOON
SALOON
RAN FRANCIBOO
RHANGHAL
BINGAPORE
SOURARTA
SUNGEL PATANI
TIENTRIN
TOITO
TRINGTAD YOKOHAMA'
Garruk komust spend is Love! Darren? and Pad Depolis racalved for one y whatir periode is Tomal Durrency and line
which will be quɔted on supål»<«5) Hong Kong, 6th April, 1932.
HONG KONG SAVINGS BANK.
„The 'Rusinone of the above Bank is maducted * HONG KONG AND BEANOBAI BANK THO CORPORATION Ruse may be obtained
applłowion.
FOR THE HONGKONG, AND BANKING CORPORATION.
BECANETAS
V. M. GRATAØRN,
Oklad Maasase.
Hong Kong, 27th February, 1933.
THE BANK OF CANTON, LTD.
Established 1912.
Head Ofce-Hong Kong.
4 Copilai (BLE. Gurewavy) ---#11,000,000
Beste Fund m
BALHOUS
1,100,00
Desco, Shanghai, Hookow, shaw, Bangkok, New York und Ban Francisco,
LONDON BANK 288 (--
The Lord's Bank, Limited." CORRESPONDENTS
În vil primalpal silise of the World. Variigi Rochangs and banking buszowe af
svseg fascription tratamotač.
Mile Depois Baru (pielowa slana) as a yearly
sosini af from 35 to $52.
LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA.
行銀國中
Reorganized October 28, 1928, andar
special charter of The National Gar-
arament za An
INTERNATIONAL EXCHANGE
BANK
Subscribed Capital
·Paid-Up Capital ... Recorte Funda
.$25,000,000.00
.824,710,200.00
..$ 3,820,503.82
HEAD OFFICE: SHANGEAL
пр
HONG KONG BRANCH:
4. Queen's Road Central
Oving to our numerous branches in Catax and large connections in the mportant commercial centres of the world, we are able to extend to our
ellents special facilities for domestic
and foreign banking and exchanges,
AMRITSAR
HANOLOX
POE
PEPING (Peklog'
PENANG
RANGOON
THE NATIONAL CITY BANK OF NEW YORK,
HEAD OFFICE: $5, Well Street, NEW YORK.
Capital, Surplus and
Undivided Profits U.S.$225,503,775.
Branches in
་
Mining; Benguet Consolidateds
SATURDAY, MAY 21, 1932.
FINANCIAL WISDOM BUSINESS DIRECTORY
Best Remedy for Trade Improvement.
The Rt. Hon. Herbert Morrison. are st in request at $15%, and P. C. Ex-Minister of Transport.- Benguet Explorations at 81 cents. The workers of Ireland have to es Lande, Hotels and Bulldings:timate whether they will be any Hong Kong Hotels showed a marked improvement early in the week, better off if Britain and Ireland' re when a fairly large turnover
of gard each other as foreign coun- shares was recorded at slightly bet-tries. - Has Central Europe been ter rates, but at the close the posi-improved by the establishment of Hong Kong, May 20. Mr. G. A. Harriman's weakly [tion is slightly easier, with buyers share report and market review only offering $12.70, and sellers a whole range of seperate economi lasted at noon, states-
asking for $12.80, after sales at cally and fiscally conficting States? There is very little change to re- $12.70/90. Hong Kong Lands were Sir Granville Ryrie, High Com. port during the week 'under review, sold at $77%, and
further shares missioner for Australia. The re- but a alight improvement in rates is are available, with buyers at only to be noted. In the speculative $77. Hong Kong Realtys are better cent reduction by the Australian section Cements improved from at $11.60 buyers, and the same re-Federal Parliament, of the Cus 818.85 to $18.65 cash and $18.50 to marks can be applied to Humphreys toms duties on 43 articles of Bri Hotels were done as which are hard to obtain at the tish. manufacture totalling £6,000,- $18.75 June. high as $12.90 cash at one time, with slightly improved rate of $154 000 gives cause for hope that pre- Cotton Mills:-Ewo Cottons are Yerential arrangements will be shares parcels of many large
this better, with buyers at Taels 18.50, made in the future between the for cash at changing hands figure and at $13 for June. Lights after sales at Taels 13.50/55.
Dominions and the Motharland. Docks, Wharves and Godowns:- were qujet but a few shares chang-
Mr. W. H. Curtis, chairman, SETTLEMENTS ed hands at $20.75 for the old issue. A small business was negotiated in Grand Union Canal Co., Ltd.-It In the Investment section Tramps Wharves at $144%, and further is common idea that canals repre- were slightly better at $21.60 cash shares are wanted at this rate.
Asent a form of transport which has Commercial and Travellers' Letters and $21.75 June, Lands also were in very large number of China Pro- become obsolete.
There could not of Credits, Travellers' Cheques, Bills request at $774 and Electrica at vidents, old, changed hands
at be a greater mistake. of Exchange and Cable Transfers $74% were hard to obtain. Sterling $4.30/.95, and the market closes
Sir Frank Meyer, deputy chair- bought and sold. Current accounts counters were firm on an easier ex-with a further big demand for man, De Beers Consolidated Mines and Savings Rank accounts opened and Fixed Deposits in local and for change with Banka and Uulons shares at the latter rate. There is The only hope at the moment eign currencies
taken at rates that wanted at $1,530 and $470 re- a small enquiry for Kowloon Docks for the diamond industry is to en & may be ascertained on application to spectively. As we go to press the at the reduced rate of $18.
courage by every possible means the Bank.
market is on the quiet side on ac-
Public Utilities:- Hong Kong the European trade.
PANAMA
COLONDO
SAIGON
DELFI
SEMARANG
HAIPHONG
BEREMBAN
FAMBURA
SHANGHAI
BANKOW
SINGFORE
EARRIN
BITIAWAN
RONO KOKO
SOURATATA
NATO
TAIPING
TIRNTHIN
ARGENTINE
LONDON
KARACHI
TONOKAH (Bhuket)
BELGIUM
MEXICO
KLAXO
TSINGTAO
BRAZIL
TORDHAMA
CHILE
PERU
CHINA
General
COLOMBIA
ISLANDS
PHILIPPINE
CUBA
DOMINICAN REPUBLIC INDIA ITALY JAPAN
URUGUAY VENEZUELA
**
BODE
KUALA KANGSAR ZAMBOANGA
KUALA LUMPUR
Foreign Exchange
and
Banking business transacted.
Current Accounts opened and Pix.
ed Deposits received for one year shorter periods at rates which will be quoted on application.
J. STUART,
Manager. Hong Kong, 11th April, 1932.
THE NATIONAL COMMERCIAL
SAVINGS BANK, LTD.
CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait.
SAVINGS ACCOUNTS
We offer good rates of interest.
TOTAL RESOURCES $19,000,000
EFFICIENT-TRUSTWORTHY
RELIABLE COURTEOUS.
144-150, Des Voeux Rd. C.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
BANKEES
Established 1334.
Hong Kone Oshoes-11, Queez's Bond Central,
Authorised Capital
Paid Up Capital
Reserv. Fad
PORTO RICO
STRAITS
tomers the services of the Branches
Manager.
Assurance
We are also able to offer our Cus- count of the approaching Settlement, Trams were dealt in at $21, and Mr. Reginald B. Jacomb, pre- of the International Banking Cor but the undertone is steady. further shares can be placed at this sident, London Life Association. poration in Spain and also of The
Banks-Hong Kong & Shanghai rate. Yaumati Ferries, Old and in the case of a life National City Bank of New York Banks were
in demand at $1,550 New, have improved to $38% and office, with contracte lasting over (France), 9.Ã., in Paris and Nice.
with sales reported at $1,540. Bank 838, respectively, with no business so many years, depreciation is no R. M. MCLAY,
are also more than an inconvenience, except of East Asias continued in demand to record. Star Ferries
better, with buyers at $92, after to the extent that it may be a rough Hong Kong, May 18, 1932.
at $115.
sales at $912/92. China Lights are measure of possible loss of in. Insurances-Unions were put
were sold at come. ahares easier, Old shares through at $470 and more could be placed at this rate. China $20.40/60 during the week, closing
Sir Montagu Turner, chairman, THE BANK OF TAIWAN, LTD. Underwriters eased off a little with with buyers at $204, and sellers at Chartered Bank of India, Australis China Lights, new, are and China. The best remedy for (TAIWAN GINKO.)
sellers at $3.90. China Insurances $20%. were wanted at $490.
nominal at $20.45. Hong Kong an improvement in trade is internal Shipping.-Hong Kong
Steam-Electrics are better, with buyers at peace, improved communications boats were on offer at $22. Union $74%, and sellers at $74%, and and a settled Government.. Waterboats remained in demand at sales reported at $74/744. Hong Mr. C. C. Valli, director of Coty, Kong Telephones are steady, buyers French Perfumiers--The Coty pro- Docke, Wharves and Godowns-offering $23%, with no sales to ducts for the British Empire are
report.
at present made in France, but if Hong Kong & Kowloon Wharves im-
Miscellaneous Canton Ices are a the Dominions give a preference proved slightly with business done
shade better, with buyers at $4.80. to British manufacturers the busi. China Providents were at $144. in demand at $4.95 for the old Cements improved early in the weekness can be transferred to the new
to a buying rate of $18.55, but close factory in England. shares and $2.20 for the new,
HEAD OFFICE:-Taipeh, Formosa.
Incorporated by Special Imperial Charter, 1899,
Central Bank in Formosa, Bank Notas issued åvatage amount ...Ten. 18,000,000 BRANCHES AND AGENCIES: JAPAN ---Toyko, Yokohama, Koda, Osaka. PORKOBA :-Giran, Kagi. Karunka; ** Issḍung;
Kakong, Kants. Sinchiku, Talen, Tais Takan, Tamuni, Town, Exile, Tailo
CHINA:-angkal, Haskow imoy, Foochor,
Swatow, Cani OTHERS--Hong Kong, Hingspora, Boersbays, Benzerang Bateria, Bonbay, London, New York, Burn
LONDON BANKERS: " Barclays Bank, Ltd., Lloyds Bank, Lad., Midland Bank, Ltd, Wertzilnater: Bank, Ltd.
Commal Celeme throughout the world,
E. NAGURA.
... Gallders 109,000,000-
Manager.
Guilders 10,280,000- Qulldar 10,018,000-
HONG KONG BRANCH:
1. De Von Road Central. Hos Kong, December 24, 1981
Bead Dos-AMSTERDAM", Eastern Hoad Omo»:--BATAVIA. Branches--Bandjarmasin, Bandeng"> Baba7,
Calossia, Chartbon, Djmber Djok Faliria", The Human!"Nadal, Kibu;
Longue, Prosng, Bangoon, Botterdam", Bemarang, Bukal, Binpagors, Bowes- baja, Bovrakarta (Bole), Tegal, Tillesjap and Weltevreden“,
* Thans allana kayo Bala Deposit Boxes in Zai,
LONDON BANKEES 1-
KATIONAL PROVINOIAL BANK LID.
Correspondents all one the world. Barking Bual now of every description transacted,
A. BIOXKIXE,
Hong Kong, hi December, 1981.
THE
Manager.
We also handle the lane of Bonda AMERICAN EXPRESS COMPANY. and other Public Funds of the Chin-
Government both at home and
SHOU J. CHEN,
INC.
abrosd.
Manager.
Head Office::65, Broadway, New York.
Hong Kong, 6th March, 1981.
Capital
Surplus
THE YOKOHAMA SPECIE BANK,
Beserves
U.8.$6,006,000 U.3.$1,579,454. ‚U.8.$1,908,209
LIMITED.
BRANCHES
Established 1889.
wwwwww.
Capital (fully paid-up) Yen 100,000,000 Kamers Fund
Yen 117,800,000
Head
les:----YOKOHAMA,
Tou
tachés and Agencias at:
Nagmaak!
Calcutta
Canton
· Defzwa. (Dolny)
Fogtim (Mukden)
Hamburg
Newekwang
Osaka
York
Priping
Rangoon Rio de Janeiro, Ban Francison Beattly
tang
Branches of American Pr pany... in Principal
States of America and Caus
All classes
Transactions
$20.
SHANGHAI TRAMWAYS.
ATTRACTIVE -- TAILORING
We beg to announce to
our many clients that
[we have `removed to 18, D'Aguilar Street. We have also just re- ceived a new, assort- ment of
SUMMER SUITINĖS
WING HING CO. 18, D'Agullar Street. Tel 11417.
DENTISTS.
HARRY FONG, Dentist,
1st door, No. 74, Queen's Road
Central. Tel. 21254.
LAU PAK WAI, Dentist.
HONG KONG OFFICE: GLOUCESTER BLDG., 1st Floor, Telephone. 20488, KOWLOON. OFFICE:—
י.
335, NATHAN ROAD, 2nd Floor. Telephone 58581.
TANG YUE, Dentist. Successors to
the late SIEN TING, ́14, D'Agullar Street,
TERMS VERY MODERATE
Consultation Free..
ENGINEERS & SHIPBUILDERS.
W. 8. BAILEY & CO., LTD,
Kowloon Bay. New Work & Repairs." Call Fiar "L" Sole Agents for Kelvin Motors.
HAIR DRESSERS.
LEE YEE
Ladies' and Gentlemen's Hair Dressers & Booksellers:
No. 12, D'Aguilar Street. (opposite Quesn's Theatre),
OPTICIANS.
THE HONG KONG OPTICAL COMPANY,
"Phone Sud).
53, Queen's Road Cesitral.
SHOES.
Black or Brown Shoes from $6.05. Bläck, or Brown Boots from 18.00, Children's Boots or Skoen from 83.10. Best styles, most complete stock of all sizes. Repairing a speciality. DAS WONG SIU WOON MAIN
· Phone: 21474.
Hotels and Real Estate.--Hong on the easy side with shares on offer Kong & Shanghai Hotels remained at $18%, and only small buyers at steady with enquiries at $13.75, $18.30. Hong Kong Ropes were dealt in at $18.90, and further shares having changed hands at
shares could be placed at this The Shanghai Electric Construc- $12.90. Hong Kong Lands were] The Bank has Correspondasite in all she princip realised at $77.25/50 closing with Aguré. Dairy Farms are wanted at tion Co., Ltd., received by telegram sellers at the latter rate. Hum-$27.75, with no business reported the following information from
Lane Crawfords, old, are just a their London Office:--- phreys continued in demand at
Directors recommend final divid- $154. Hong Kong Realties were shade firmer, with buyers at $6.90,
and sellers at $7. Watsons, old and end 7 per cent. free of tax. An-21, Pottinger St. slightly Armer with buyers at $11.60, business having been done, are wanted at the improved nual General Meeting will be held
: rate of $14, and $18%, respectively. May 25," at this rate.
Sinceres are hard to obtain at the Cotton Mills-A fair business in buying rate of $16.30 ex dividend. Ewos was transacted at Tls. Exchange: Today's rate of Ex- 13.40/.65 and more shares could be change London is T.T. 1/2.7/8 |placed at Tls, 18.50.
and on. Shanghai 76.
Forward Settlement Days:-May 25 and June 28, 1982.
THE MERCANTILE BANK OF
INDIA, LTD.
·HEAD OFFICE I
15, Gracechizzah Bizet, Londen, E.0.2.
Authorised Capital Subscribed Capital
Paid-up Capital ....... 1,050,000 Reserve Fund & Rest 1,217,927
BANKERS
The Bank of England & Midland Bank, Ltd.
BRANCHER
Ipoh
Kandy
Bangkok
Batavia
Bombay
Karachi
Caloutta
Kota Bharu
Colambo
Kuala Lipis
Delhi
Ga
Howrah
DOLLAR'S DECLINE.
Public Utilities-Trams remain- £8,000,000
1,800,000ed steady at $21.50. Star Ferries showed an improvement and were in demand at the close at $92. China Lights (old) were a shade easier and could be obtained, at $20 Hong Kong Electrics were put through at 8744/85 closing in demand" 'at' $74.60. Telephones (P.P.) could fetch buyers at $29.80. Miscellaneous. Cements (comb.)
Fork Louis
(Munciilma)
Shanghai
Kuala Lumpur Elmda
Kassian (Pahang) Elagapor
Madzaa
New York
Bourabaya
HONG KONG BRANCH.
Arey description of Banking and Exchange Book
De transcted"
Traveller Cheques forsed,
taken.
Trustee and Executorships under INTEREST allows do Correst Accounts and Fixed Deposite as Raise that may be seertaled (an applesiion.
J. B. ROSS,
Dropped Another Farthing Yesterday,
The Hong Kong Dollar dropped
were quite firm with sales effected a farthing yesterday to 18.: 2d.,
the former figure. at $18/65, closing in demand at in sympathy with declines in the Hong Kong price of allver in London and New Ropes were obtainable at $14.10. York. The local market. was in- Dairy Farms were dealt In at $23 clined to be easy, and the inter and more shares could be placed at bank rate was about is. 8d. 327%. Lane, Crawfords, after A drop of a farthing in the price having been done at $8,80/7.00 were of silver was recorded in London, on offer at $6.90 towards the close, due to Chins selling. At the de Entertainments were enquired for feline both India and China bought, at $18.50 but sellers were scarce and the market closed steady. Constructions(new) were sought America held off. for at 81.70 while the old shares were on oner at $51⁄2.
Forward Settlement Day Thing" diamonds 425, June 28, and July 26. equal to Faní diamonds
Manage Hong Kong, 7th April, 1982.
7. Gornala Bond" Dunkrat."
LATEST INVENTION American Chemical Diarisands.
diamonda,
Proof
sold, water, oll, sice. These can be washed wit and can be need
"count". Bend your andera
American
PO Box
Then, ardering)
OPEL
#
CARROLL BROS.
Hong Kong, Friday, May 20. the market this weak, has shown, light Improvemenį, skates a spood, one or two points but closed slightly exsler. The business kurn-
"hay" also showni "a" definite
Banke: Hong Kong and Shai bak Banks were in demand at $1,620 25 $15880, but clowed stronger. $1,540 buyers, after marktothis.
Be Silver Blumpa.
In New York silver went down
with the market steady.
At the local Chinese Exchange, last evening, Canton Central Bank notes were quoted at 56.7 per cent. while Hong Kong dollar notes, in exchange for .Kwangtung Silver, wore at a premium of $421 per $1,000
LONDON SILVER PRICES,
London Yesterday." Cloning allverprices in London to-day were:
May 19 May 20
1674 167
16.18
Spot
vard
TO-MORROW AT THE KING'S.
A Great Human Story /
Based ́STANLIY: NOC play of LANCO SVEIL THORNDIKE JOHN STUART: NORMAN MYKINNEL
HINDLE WAKES
› GAUMONT-GAUSACHOUDE PICTURE
-BELLE CHRYSTALL
BARGAIN
DAYS
ONLY.
SALE
21, 23 & 24 May.
DAYS
ONLY
RADIO SETS Reduced to Half Price
ALL A.C
PENTODE TUBES, DYNAMIC LOUD SPEA
ALL IN TABLE CABINET
free service for one
ELECTROTECH
NG KONG CORPORATION