BANKS
·HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorized Daglia?
Larned and Fully Faid-up
Barra Funds |—
63
(10,000.0
-520,800, 190
Wanners, Klability of Proprietores $67,000,000
HEAD OFFICH, HONG KONG.
WED OF DIAKOTORA:-
Man, Mr. J. J. Polarova Chairman
T., La
Dopady Charinan.
M. W. II. Bell.
'
* E. Campion. Eng.
46. T. Jaksava, Kan.
a. Miskia, Esq.
ΣΚΟΥ
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
CANTON
1. A. Flummer, Ang.
T. B. E. Maw, Eng
1. P. War. Ex.
V. K. Grayburn. Zog Orief Manage.
RANGEZA: –
LONDON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
THE CHINA MAIL.
THE HOCHONG BANK, LTD.
"(Histäblished 1917.)
HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 18, Quem's Rd. C.
Authorised Capitál Straità $20,000,000 Issued Capital Paid-up Capital
8,000,000
4,000,000
4,000,000
$,687,000
Incorporated by Royal Charter, 1853. Reserve
HEAD OFFICE: LONDON..
Paid-up Capital
Roserve Fund
Rosarve Liability of
Pro-
prietors
£8,000,000 23,000,000
£8,000,000
ALOR STAB
Agencies and Branches:
AMBITHAB
BANGROK BATAVIA BOMBAT CALOUTTA CANTON GAWNPORK CEBO COLOMBO
HAIPHONG
ECCHING
MADRAS
MANILA
VEDAN
NEW YORK
PEPINO (Paking)
PENANO
BIANCOON
KEMARANG
TAIPING
Liabilities
of Skarabolders. Surplu
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.$225,503,775.
Branches in
ARGENTINE
BELGIUM
BRAZIL
CHILE
SAIGON
DELHI
SEKXMBAN
HAMBURG
BHANGHAI
HANKOW
SING PORT
HARBIN
SITIAWAN
BONG KONG
SOBRABAYA
MALACOA
ILOITA
KANILA
POR
TIENTSIN
LONDON
HUAR (Joan'
KARACHI
TONGKAR (Bhiko)
MEXICO
KLANG
NURDEN
THINGTAD
PANAMA
КОВР
YOKOHAMA
NEW YORK
KOALA KANOBAR
ZAMBOANGA
PERU
PEIFING
KUALA LUMTUR
CHINA
PENAND
RANDOUN
Foreign Exchangs
and
HAIGON
General CUBA
COLOMBIA
PHILIPPINE
HANDURG
BAN FRANCUHD
CLANKOW
BUANOMAL
UDA DOMINICAN REPUBLIC
MARBIN
AINGAPORE
FONOKEW
HOURABYA
110110
RUNDEL PATANI
TIENTSIN
JOZOBR
TOKYO
KISK
TUNDTAO
CERTOO
DOŁAM DO DAISEN VOUCHOW MEO:0
-ZOWIUON
SALA LOM FUR
TOKOHAMA
Asemate opened in Local Correary san Find Depret retailed for que gate - M aber perleda se Lurst Currency hacking terms which will be quoted on applicaESAN. Hong Kong 6th April, 1932.
HONG KONG SAVINGS BANK.
The Foul of the whore Bank la conducted by the HONG KONG AND RUANGLIAL BANE ING CORPORATION. Ra'.. tay be obloed is nyplication.
# THE HONGKONG AND RHANDRA! BLAKING OORPORATION.
V. N. GRAYANAK.
Chis! Mag.
Hong Kong, 27th Eebruary, 1932.
THE BANK OF CANTON, LTD. Established 1912
Head Office: Hong Kong. Lusheeland Capital (H.X. Ourrency) -~$11,500,000 Falk-Up Capital anımanage
10,000
Serre and .......
ABANCHEST
Canton, Shanghai,
Hankow, Insłow,
Bangkok, Her Tork and Van Prontano.
LONDON BAYKKES 1–
The Log Bask, Limited.
CORRESPONDANTS
fu il principal oilies of the Wor
Tigh Kobange und banking bastasse of
avery Lossipklon: wmámsosed,
Mas Deposit Box (various sluss) si a yesrip
LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA. 行銀國中
Reorganised October 26, 1928, under
special charter of The National Gov- ernment as an
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capita!
-$25,000,000.00
Pald-Up Capital
.$24,710,200.00
.$ 8,820,508.82
Reserve Funda
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4 Queen's Road Central.
Owing to our numerous branches in China and large connection to the Important commercial centres of the world, we are able to extend to our ellents special facilitlen for domestic and foreign banking and exchanges.
We also handle the issue of Bonda and other Public Funds of the Chin- e Government both at home and abroad.
SHOU J. CHEN,
Mazager.
Hong Kong, 5th March, 1981.
THE YOKOHAMA SPECIE BANK, LIMITED.
Banking business transacted.
Current Accounts opened and Fix-
ed Deposits received for one year or INDIA 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.
144-160, Des Voeux Rd, C.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
{NETHERLANDS TRADING BOOTETT)
BANKERS.
Established 18N.
Hong Kong Onion 2—15, Quaen's Road Central.
Authorised Capital Builders 180,000,000- Pald-Up Capitat”. Guildare 80,000,000- Beserve Fund Outlets 10,015,000- Hard Dica:-ANSTERDAM®. Eastern Hood (150)—BATAVIA.
Branches :--Bandjarzmasin,
ITALY JAPAN
ISLANDS
KRUPPS LOSE £900,000
24,000
Commerce and
Finance
WORKERS DISMISSED
IN - 18 MONTHS
SETTLEMENT DAY.
Passes Off Quietly Yesterday.
THURSDAY, MAY 26, 1932.
·DOLLAR RISES.
Silver Improvement in London.
NO CHANGE IN NEW YORK.
An improvement of wAS shown by the Hong Kong Dollar yesterday. It being quoted at 18. 2%d.
Inter-bank business was done at about 1s. 3.7/16d. and the undertone was firm.
Silver rose 3/16 in London and Settlement Day of the local Stock India and China bought, but offer- Exchange, yesterday, passed off ings were small. The market rul- All transactions were ed firm after the fixing of the rate A total loss of 13,415,000 marks quietly. (just over £900,000 at current rates) effected smoothly and business, was and America was inclined to buy. In New York there was no The volume of is shown in the report of Krupps completed at 2 p.m.
change in the price of silver which remains at 28 cents.
for the year ended September 30 business done, however, was small last. Of this sum 9,000,000 marks are covered from reserves, the re- mainder being carried forward.
BOYCOTT AT SWATOW.
Chinese Chamber To Discuss Matter.
ווי
Swatow, Apr. 30. A meeting has been arranged at
The directora express the view that the 'revival of the world's economic life and the restoration of can only be expected confidence after "a definite cancellation of International war burdens."
All products from coal to steel which the Chinese Chamber of Commerce and representatives of slumped heavily, the report says, the boycott committee are to dia- PORTO RICO STRAITS
and this drop continued even intol SETTLEMENTS the first quarter of the new buel cuss various questions relating to URUGUAY
Orders on hand are only goods seized as being Japanese by the committee, and about which VENEZUELA
a third of those in normal times,
there is doubt or dispute as to their Japanese origin. Members of the old student committee, which was, disbanded by the officials some time ago, will attend.
Commercial and Travellers' Letters
ness year.
The number of employees fell by
of Credits, Travellers Cheques, Bills 18,000 to 56,000 during the 1931 of Exchange and Cable Transfers business year, and since then an- bought and sold. Current accounts
other 6,000 have been dismissed. opened Savings Bank accounts [and
and Fixed Deposite in local and for- eign currencies taken at rates that & may be ascertained on application to
Bandösug", Borsbay, Calcutta, Cheiben, Dabar, Djok akaria The Hague", Jiddah, Kobe, Makasara Medan, Palambang, Paks
Passat. Bangoon, Botterdam","
Bemarang, Shanghai, Bingapore, Bowes.
the Bank.
We are also able to offer our Cos tomers the services of the Branches 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,
Hong Kong, May 13, 1932.
Manager.
CHILEANS START RUN FOR SILVER COINS.
At the local Chinese Exchange, last evening, Canton Central Bank notes were quoted at 54.85 per cent. while Hong Kong dollar notes. In exchange for Kwangtung| silver, were at a premium of $426 per $1,000.
THE SUN LIFE.
C.$527,000,000 Of New Assurances.
of
the
vast
Some indication strides made by the Sun Life As- surance Co. of Canada may be gathered from the president's ad- dress at the annual meeting.
It will be recalled that during the early part of this year there was a students. strike by way of He stated that new assurances of protest at the alleged slackness in over C.$527,000,000 had been receiv- the enforcement of the boycott, ed during the year, the total in and the exclusion by local Party force now exceeding C.$3,000,000,-
L
Santiago, Chile, Apr. 7. There was excitement in the financial district to-day when hun-officials of students from taking 000.
The Singapore branch, which dreds of men and women fought active part in the boycott on ac- their way into the Central Bank count of their alleged inability to comprises the S.S., F.M.S., Sumatra- and started a heavy run for silver distinguish between Japanese and West Java and Siam, made a sub-
other foreign goods.
stantial increase during the year coins of any denomination.
Since that strike was settled, notwithstanding the general de- A riot call brought the police and the lobby was cleared, but a students have not participated in pression prevailing thoughout the THE BANK OF TAIWAN, LTD. the formed outside the building the boycott, but there are, apparent area.
· (TAIWAN GINKO.)
and the tellers paid on demand. ly, still matters relating to goods The president, at the annual confiscated which have not yetmeeting; drew attention to the fact teen settled.
that "in addition to the surplus of more than C.$16,000,000 over all abilities and capital stock, we have a contingency reserve of over C.$4,700,000 to provide for possible shrinkage in mortgages and other.
HEAD OFFICE-Talpeh. Formosa.
Incorporated by Special Imperial,
Charter, 1899,
Capital Bank in Formen.
There was a shortage of one-poso and two-peso pieces because many. Chileans are
The boycott, as such, has not for hoarding them
been enforced since the time of the their silver content.
Officials at the mint said there agreement between the Mayor and Bank Notes Hued Average amount... 45,000,000 was danger all silver coins might the Japanese Consul, the modified be taken out of circulation by the boycott committee confining its hoarders, and a proposal for issuing activities to propaganda. negotiatable stamps or small bills was under consideration. There was fear in some quarters the peso
BRANCHES AND AGENCIES:
JAPAN-Torko, Yokohama, Eobe, Quake. FORMOSA --Dires. Kari, Karenko,
Vakong, Nauta, Shuchiis, Talebu, Tela, Takao, Tamaul, Toan, Heito, Taito OHINA-Shaoghal, Hankow, Amoy, Foochow
Swalew, Canton
OTHERS-Hong Kong Singapore, Sourabaya,
Semarang, Batavia, Borbay, London, New might drop so sharply that paper
Tork, Dairen,
LONDON BANKERS:
real estate investments.
"The profits paid or allotted to JAPAN TO SELL RICE
to over policy-holders amounted Tokyo, May 8. C.$26,000,000, or over 20 per cent Five hundred thousand koku ef of the total annual premium in- money would be worth little. old rice now possessed by the come."
As the day wore on and the run Japanese Government will be put on continued it was announced the jaale May 14 and an equal quantity bank had 3,500,0 pesos, in 20-of new rice will be purchased on The Bank has Borrapondents in all the principal centavo pieces and many persons May 19, it was announced to-day in the line dropped out and went by the Ministry of Agriculture and home.
Forestry.
Barclays Bank, Lu, Lloyds Back. Ltd.. Midland neck. Lid. Westminster Bank, Ltd.
Commental Centree throughout the world.
E. NAGUNA,
Маширок
HONG KONG BRANCH:
8. Das Vaux Road Central. Hong Kong. December 24, 1001.
FOR SALE.
bal Bowrabarte (Bolo), T, POSTAGE STAMP CATALOGUES
• These offices have fala Kaposli Bozen to Lat.
LONDON BANKEEḤ 1—
NATIONAL PROVINCIAL BANK LTD.
Correspondents all over the world.. Banking Bul sasa al eracy dusveipālam, transzíted.
A. STOKKINE,
Rong Kong, st December, 1981,
THE
Up to noon the bank had paid out 500,000 pesos (about $60,000) in the 30-cent pieces..
FL
FOR 1932
.from
STANLEY GIBBONS
120.00)
27.
Part I.
...$5.25
Part II.
.$8.00
Yvert & Tellier
.$6.00
Manager
|13.00]
Scott Stamp & Coin Co. $8.00
GRACA & CO.,
AMERICAN EXPRESS COMPANY.
INC.
Band Office:-65, Broadway, New York
Capital
Burplus Reserves
.U.S.$8,000,000 .0,8.$1,572,454 US$1,908,209
BRANCHES.
Ámalardan Gems
Capital (fully paid-up). Yen 100,000,000 Reserve Fund
Besla Facia
..Yen 117,800,500
Marells
Glangor
Hamborg Harmo
Panan Enterlaken Toling
Naples
Boobay
Brant Hessela Buenos Aire
Established 1380.
Dealers in Postage Stamps, Garden Seeds, Philatelic Goods, etc.
No. 10, WYNDHAM STREET, P.O. Box No, 820.. HONG LONG
18.00
1.1.D. CERTIFICATES.
Messrs. A. Goeke & Co., local agents for the Societe Internation- Delivery of rice sold or purchased ale de Placements, Basle, advise will be made within 30 days after us that yesterday's official quotation. signing of the contract.
in Bagle was: $2.8. 0d.
A.OF. C. Average of Shanghai Stocks
REPRESENTATIVE
STOCKS
29.90
[23.00
(12.7
22.32
JRSI
Σ
21.00
BUSINESS
S DIRECTORY
ATTRACTIVE TAILORING
Wo beg to announce, to our many clients that we have removed to 18. D'Aguilar Street. We have also just re colved a new assort- ment of
SUMMER SUITINGS.
WING. HING CO.
18, D'Agullar Street. Tel. 21417.
DENTISTS.
HARRY FONG, Dentist.
1st floor, No. 74, Queen's Road
Central. Tel. 21255.
LAU PAK WAI, Dentist.
HONG KONG OFFICE:— GLOUCESTER BLDG., 1st Floor. Telephone 20488. KOWLOON OFFICE:- 335, NATHAN ROAD, 2nd Floor. Telephone 58581.
TANG YUK, Dentist. Successors to
the late SIEN TING, 14, D'Aguilar Stroot
TERMS VERY MODERATE Consultation Free.
ENGINEERS & SHIPBUILDERS.
W. 8. BAILEY & ̈CO., LTD,
Kowloon Bay, New Work & Repairs. Call Fing "L" Sole Agents for Kelvin 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,
*Phona 2-3%. 58, Queen's Road Central
SHOES.
MADE
TO ORDER.
LADIES & GENTLEMEN'S SHOES
Expert Workmanship. Fit & Style Guaranteed. SHERRY & CO.
No. 9, Peking Bldg., Hankov Kd
Black
Pair
Brown
Shoes from $5.08. Black or. Brows Boots from 25.09. Children's Boots er Shoes from $100, Best styles, most complete stock of all sixen. Repairing's speciality.
WONG SIU WOON!
:21, Pottinger BL
Phone 31476.
PHOTO-SUPPLIES
Kodaks and Cameras,
Films, Plates and Papers, ate.
Developing, Printing und -/
Enlarging,
ZIESS and BUSCH FIELD GLASSES.
Price Moderate.
A Trial Order is Solicited.
A. SEK & CO
Tel No. 23459: 26A, Des Voeur Road C
HongKon
Head Office:-YOKOHAMA.
Branches and Agencies st:
Alexandria
Batavia
Backu
Calcutta
Canton
Hombay
Changchun
Dairen. (Dalny)
Nagsaski
Nagoya.. Newchwang New York Omka
Rangoon Petition (Maiden) Rio de Janeiro
Ban Hamburg
Seattle
Tour
Francison
Jerusalem Lidar. London Liverpool
„Calro
Impre Culbute Ca Colab Cominole Mouls Carls Copenhage Maula' Malbergh z Merione
Moutet
Stamboul Blended
Singapore
Branches of American Express Com- pany in Principal citie of United Btates of America and Canada,
All class at Commercial Banking Transactions' undertakan,
UNCLAIMED TELEGRAMS.
The following unclaimed tele grams are lying at the office of the Great Northern Telegraph Company (Limited) of Den
mark:-
יי
Camparlane, from Shanghai.. Soveracht, from. Hamburg.
F. V. JENSEN,
Superintendent.. Hong Kong, May 25, 1932.
The following unclaimed tele grams are lying at the Eastern Ex- teusion Telegraph Co.'s office :----
Kong, May
There has been a pronounced' ternational Investment Trust had year. improvement in the markets senj buyers at 8.60, American Asiatic
ALEXANDER
On the second general annual
Crown, from Syraeuseny, Horner, Peninsula Hotel, from timent on the Shanghai Stock Ex-Underwriters sold at 27. Trams meating of shareholders of the INSTITUT Shanghai.
change during the past week. The ware wanted at 80, Ewo's were Auto Palace Co., Ltd., dividend of DE BEAUTE
per cent has been recommend- A.O.F.C ARKE,
average forged ehead steady with buyers at 18,56.
Phone 25149.. ger. from day to day without register. The annual general taceting of ed. Although the new building
Fedder Bailling. ing any relapses, reaching 21.32 the Shanghai & Hongkew Wharf of the company in the process of on May 17 On Wednesday and Co. Ltd., revealed the company's erection with its Improved fack Clet Flow), kur
Opposite: Entrance to Thursday decided Interest was successful operations during the Hitler
*Kong Hotel shown for Land shares; Shangha! past year. Ferast profits éd ülts about, it has been de
Lastrona: 001. Porns Lands closing et 27.10. Next day's
follow a conservative TAN mple provision was made Artistic
ing the
OPEL
ding continued firm with keen
on the part
Under the influenc
dividend vannounc
Bhan
been
the elde
s'expected to bring increase Agre
tinkdebts as the
foot on Inance, advanced