BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

'Imoved nod Fully Paid-up-

Täserve Funda

Marling

0,300,000 $18,000,000

Wers Liability of Proprietorta. §30,00,006

TIMAD OFFTOK. HONG KONG,

BOARD OF DIRECTORS—

Hon. Mr. I. J. Passcson,

Chairman.

TR. Paaren, Eng,

Deputy ChairmAD.

Ar... H. Bell,

J. A. Plumme

T. H. R. Shan, Ing.

J. F.. Warren.. Eog.

Cupton, Esq. Jahanan, Eng,

'V. M,' Graybars, »Haq, Chief Mansgue

AMOY

RAZOROR

BATAVIA

HOM PAY

CALCUTTA CAFTON CHLFOO

COLOK BO

DAIREN FOOCHOW

BATTILONG

HAMBURG

BANKOW

HARBIN

„BONDREW"

·IPON

JOHORE

KOBE

ROWLOON

'BRANCHEB 2

"

KUALA LUMPUR

LONDON LYONS MALACCA

MANILA

MUAR, (Jobars

MUKDEX

NEW YODI

PELPING

'PENAKO

HANDDON

KATOON.

SAN FRANCISCO

SHANGHAI

SINGAPORE

"KOURADTA.

HUNGE PATANI

TIENTAIN

"TOKYO

TSINOZAO

YDKORAMA

Current Accounts, opened...in Loosi' Divrants end Fited Deposite racired for one year or ebacle periode in. Loest Company and Atarilor De bege which will be quoted on appleation Hong Hong. 6th April. 10x2.

·HONG KONG SAVINGS BANK.

Marzalnom of Iba above Beak is saschuebat ** the HONG KONG AND RETAMORAT PANX- CORSONATION. Bu yaay be obtained * *,yRrainn

FOR THE BONGKONG AND SHANGHAI MAMETAG CORPORATION.

V. M. GRAYNURN-

Hong Kong, h February, 1937.

THE BANK OF CANTON, LTD.

Establimbed 1912.

Head Offoe-Hong Kong.. Bukhorion Capital 18.X. Currency) 1,000,000 Pud-Up Capital 18.000 Serve Fund' ite

100,000

Bwalow.

BRANCHES

Castos, Shanghai,

Banko.

Bangkok, New York and Ban Francisco

LONDON BANKERS

The Lloyd's Bank, Limited.

CORRESPONDENTS.

principal cim of the World.

Foreign Exchange and banking", boulower of

wory description. tracted. ·

Be Depot Bonum (various sixsq) si a`zouriya.

-rambel of from 35 to $40.

LOOK POONG SHAN;

Chief Manager.

THE BANK OF CHINA.

行,银鳞

Reorganised October 26, 1828, under special charter of The National Gov-

ørument as an

INTERNATIONAL EXCHANGE-

BANK.

Subscribed Capital

Paid-up Capital Reserve Funds ...

$25,000,000.00

. $24,710,200.00)

..$ 3,820,503.82

HEAD OFFICE; SHANGHAI.

HONG KONG BRANCH: 4. 'Queen's Road Central.

Owing to our numerous branches in China and large connections in the im- portant commercial centres of the world, we are able to extend to our clients specia! facilties for domestic and foreign banking and exchanges.

We also handle the issue of. Bonds. and other Públic Funds of the Chin-j ese Government both at home and abroad.

SHOU J. CHEN,

Hong Kong. 5th March, 1981.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

THE HO HONG BANK, ETO.

(Established 1917.)

HEAD OFFICE:—SINGAPORE LOCAL BRANCH:-

13, Queen's Road Central

Authorised Capital @traits $20,000,000

Issued Capital

Paid-up Capital ....

Shareholders

Incorporated by Royal Charter, 1858. Reserve Liabilities of

HEAD OFFICE: LONDON.

Paid-up Capital

Réserve Fund

..$3,000,000 .£3,000,000

Reserve Liability of" Pro-

prietors

£3,900,000

Agencies and Branches:"

ALOR STAR

KUCHING

MADRAS

MANILA

AMRITSAR

BANGIOL HATAVIA BOMBAY

CALCUTTA

CANTON CAWNPORE CENU

COLOXBO

DELHI BAIPHONO HAMBORG

SPON

MKDAN

NEW YOLK

PRIPING (Faking)

PENANO

RANGOON

BAIGON

2.

8,000,000

4,000,000

4,000,000

THE CHINA MAIL,

Commerce and Finance

BRANCHES and AGENCIES in the HOLLAND'S GREAT

principal cities of the world.

Every description of Banking and Exchange business transacted.

KO LEONG HOE, Managing Director.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street: NEW YORK.

Capital, Surplus and

Undivided Profits U.S.$225,505,775,00

Branches in

ARGENTINE LONDON

BELGIUM

BRAZIL

SEHARANGO SEREMBAN,

SHANGHAI

SINGAPORE. «

SITIAWAN

KOURANAYA

CHILE'

HANTOW

RARDIN

HONG TONG

ILOILO

TAIPINO

CHINA

TIENTRIX

COLUMBIA.

KARACHI

TONG KAH (Bhuket)

RE-ANO

TRINGTAO

CUBA

Kong

YOKOHAMA

DOMINICAN

4

KUALA LUMPUR:

·ZAMÍSANGA

REPUBLIC

INDIA

ITALY

Foreign Exchange and General

Banking business transacted.

Current Accounts opened and Fix.JAPAN

MEXICO

PANAMA

PERU

PHILIPPINE

ISLANDS PORTO RICO STRAITS:

SETTLEMENTS URUGUAY VENEZUELA ··

Commercial and Travellers' · Letters

ed Deposits received for one year or shorter periods.at rates which will be of Credits, Travellers' Cheques, Bills quoted on application.

A. H. FERGUSON,.

Hong Kong. 8th July, 1932.

Manager.

EXPOSITION.

Industrial Fair At Utrecht.

SHANGHAI BOND ISSUE.

WEDNESDAY, AUGUST 3, 1932.

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, August 3, 1932. Next Settlement Day, Tuesday, August 30th, 1932."

STOCK

Banks

Bar Bell-Sale Nom

+2%

Hong Kong Bank ............k 1610,

M

(Lon. Reg.)uï£

Chartered Bank

Mercantile Bk., Aæð.

Las dividend and when paid

year

***

***

118

Dec

Fab:99, 3

A5 =34 1933

Mar

Mar. 91, 8t

19 Dea Pinto

[Final 5% loan. LETISK -

making 10% for-1983......

for lived ses

- 21

Deo.

||119 ||Deo,

1. 198...

Dro.

Ch. Fin, Cor, Ord, Th.

Tls. 5,000,000 Mortgage Bank of East Asia ...3

Debentures.

Amer. O. Fin, Corp.M

11 Pref....Th

Izstrace

The National City Bank of New Holland's 26th Industries Fair

York issues the following state caned in, inimi was held at Utrecht in March this mant:—

Valon In "Dear Sira,-We are in receipt China Underwriter...$97 year.

485

ཨྰཿarཀྰ་ཙཽ་ ིི།་་་་ཧྥུ་ཐེགཡོ

་ཧྥུ

The number of participants "in-of the following telegram from

The National

Chins Fire Ina.......$820 City creased from 1849 in the Spring

Company, Shanghai, which we quote for H. K. Fire in 1.-.-.-.§. Fair of 1981 to 1558. The number your information:- of visitors rose to about 126,000, an "Increase of 26 per cent com-| pared to the number of visitors of this Spring fair of 1931.

The exhibition space lot has in- 16,750 creased from 14.000 to

square metres.

The Industries Fair is inter

of Exchange and Cable Transfers national in character as may be bought and sold. Current accounts learnt from the following figures and Sayings Bank accounts opened and j Fixed Deposits in local and foreign currencies taken at rates that may be (1,078), Germany (213), France ascertained on application to the Bank.

We

of the

participants: Holland

"Issuing Thursday or Friday *$5,000,000 25 years first mort-

International Aaice. Th.

Shipping

gage 6 per cent. debentures Douglases Shanghal Telephone Company, H. K. Sambos...$22. price 97, Earning of 1983 and Indo-China,, (Prož.) ......$ 1934 estimated, at over 5 times

(Def)...$

the interest charges (stop)... Con-Shell Bearer ................ki sider Issue one of the highest Union Waterbosts ...$ 30 grades of secured loan in China

Dea.

Deo.

$1200 Dea.

| DOL

May 11:31.

Mar. 96,34

i

| Pin, Saibon. - $5 for lupo

1875 Deanterim 818 181**** May 19, 81 Final 101 for 1 -1% - hẩay 27, 81 Interim 14+ mən 1981)

Deo. Da

Dec.

and $1 for 1981} #@25 °° {intarisa $5 ajo 1931)

j 1501 and bonum. 26.

1 making pás túr 1990.

Dec; La ridend for in....................

Dea Lant diridullor

112f. ex pi on preferred; | June 18, 2

1 for 2984 l: 1925

Larit dividund for furiou

|19/3) | | Dec. | [10 Coupes Xo, 19 ...

Teve Tax for A Docents for men in

Dec.ec. The 3 cotards

14% the Intas Cpon

•for year --88

Oct. 7.0.50 for year sin

etwas June 30, 85

May --, US

smaking 2.0,67) for 199— Fab. 6, à..

Italaar 31.5-39,

and can be recommended to con- servative investors and for trust Benguet... requirements."..

Mining

116)

Kallan Mining Ad. 1.

29/0

Jans

Langkat (Single)....TK.

Shai Exploration...Tls. Louis.......The.

.10m Nose

2.

Deck

Final T. M

981

Mar

| Final 1 year 15-10

Dosi

81cta.

SHARE MARKET.

yester- Venezuela Gold Fields $

are also able to offer our Cua-|(109), Great Britain (57), Austria, The official summary of the Raube ............. tomers the services of the Branches (32). Belgium (23), United States Stock Exchange issued of the International Banking Corpora THE NATIONAL COMMERCIAL & Spain and also or The National of America (21), the balance be-day:

City Bank of New York (France), ing made up by Denmark, Finland, S.A., in Puris. and Nice..

SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait. SAVINGS ACCOUNTS

We offer good rates of interest. TOTAL RESOURCEŞ $19,000,000

EFFICIENT TRUSTWORTHY

RELIABLE COURTEOUS,

144-150, Den Voeux Rd. C.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.

AETHERLANDS TRADING BOCIETY),

BANKERS.

Established £8.

Hong Es Office:-11, Qusse's Bond Central

Authorized Capital .1. 150,000,000 Paid-Up Capital .f. 80,030,000 Réserves

... 20,015,000

Head On:-AMSTEDDAK”.

· Eastern Head O526 :—BATAVIA,

Bau Joong Branches:-Bandjarrain,

Bombay, Calcutta, Charlbem, jamber, Djok Jakarta, The Hague", "Fiddah, Hobo, Makassar, Medan, Palembang. P Songan, Penang. Rangoon, Rotterdam”. Saramag*.. Bhanghai, Hingapore, Boer bais, Eonrakarta (Bola), Tegal, Tilletjap and Weltevreden*.

Thos ofices have Safe Deposit Boxes to Lat.

LONDON BANKERS —

NATIONAL PROVINCIAL BANK LID. Compondants all over the world. Baking Bosi. Bom of every description transected,

A. STOKKINK. Hong Kong, 21st June, 1932.

THE.

Manager,

| AMERICAN · EXPRESS COMPANY,

INC.

Head Office:—65, Broadway, New York.

Manager.

Capital Surplus "Reserves.

THE TOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

..U.S.$6,000,000.00

U.S.$1,882,832.06

.T.9.$1,458,116.78

BRANCHES:

Amaierdam Antwerp

Beats". Beriln

Geson Glengow Havaia Hamburg

Жарбло

Fav

Bombay

Bremen

Pyzzang

Polaris

Capital (fully paid-up) Yen 100,000,000 Reserve Fund

Yen 117;300,000 Biarrita

Jerusalem Lide London Lfverpool

Leping Lant Mariling

·Constantinople, Monte Carlo

Brussels Bacon Al Caira Oduits Dannes Bolombe

Botterdam Bome Stamboul

Bangha

Southampton Bingapore Bi-Marite. Basteln 25

Head Office:--YOKOHAMA,

Branches and Agencies it;

Alexandria

Nagasa

Batavia

Nagoya

Berlin.

Nawchwang

· Gopelligen

Bombay

New York

Calcutta

Dekka

Canton

Paris

Changchun

Peiping

Man Xamiah Homes

Vienna

Yoholu

Dairen (Dalny) Rangoon

Fengben (Makden) Rio de Janeiro

Hamburg

Hanko

Harbin Toront

Honolatu

Kal-Tren

Karachi

London

San Francisco

Seattle

Semarang

Shanghal Shimadzonki Bingapore

Sourabaya Sydney

Tientsin

Tokyo

Talnstan

wel on Cutout

received: fog. fixed

belgbtained on/applic

EL MORL

Tong, 11th March, 1932.7

‚ 'Branches, of American Expresă: Cons. pany in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment accounta handled

The Company on as to intending Travaliers the use of its "Travellers Cheques", and Latters of Credit and, britation, the world-wide services of its thoroughly equipped Travel De-

·Dartment.

SUGGAN,

R. M. MCLAY,

Manager. Hong Kong, May 13, 1932.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

Benguet Exploradors $ On the" resumption of busines Docks, Wharva8, - Yugo-Slavia, Norway,

Godowns, do Spain, after the holidays, the Investment. Czecho-Slovakia, Africa, Sweden section again opened very strong H. K. K. Wharvo..á [1401 and Switzerland.

ly, Banks, Cautons and Hong Kong H. K. & W. Docks... 18 There were

no exhibits from Fires all being marked up. In the South Ch. Motors (A)$ speculative section also prices held Chias Pruvidens (011) 1 China, Japan and Siam."

The fair enjoys enhanced popu- fairly well.

(new) larity and the volume of business

clongkow........ 174.

HEAD OFFICE:-Taipeh, Formona.done is continually on the increase.

Incorporated by Special Imperial

Charter, 1899.

Central Bank in 'Formaa Batsk-Noten innved average amount Yen. 45,000,00

BRANCHES AND AGENCIES ;- JAPAN-Tokyo, Yokotasan, Kabe. Opin. FORMOSAČI STATI,

Karenka Kel Mahong, Hante, Shinshika Talchu. Talan, Takao. Tamui, Toen Teito. Taite.

Foocho: CHINA-Singhai, Hankow, "Amny,

Swatow, Canton,

OTHERS :—Hond Rong, Singapore, Sowmya.

Semarang Batavia, Bombay. Tandon. Ne Fork, Dairan.

LONDON BANIERS: " Batoleys Bank, Ltd. Lloyds Bank, Ltd. Midland Bank, Ltd.. Wostminster Bunk, Lid The Bank hi Correspondents in all the principa

the world.. [Commercial Centres throughout

K. NAGURA,

kisanger

HONG KONG DRANCH:

t, Des Vous load Central, Hang Rong. Demember 24. 101.

THE MERCANTILE BANK OF

: INDIA, LTD.

HEAD OFFICE:"

15. Omrechurch Strast, London, EC.A.

Authorised Capital

Subscribed Capital Paid-up Capital ...........

Reserve. Fund & Rest

BANEERS:

.23,000,000

1,800,000 1,050,000 1,217,927

The Bank of England à Midised Bank, Ltd.

Perang Port Loui

(Mauritia) Tacom Shanghal

BRANCHES :

Bangkok Batavia

Ipob

Kandy

Bombay

KAPAC

Calculia

Kota Bharu

Colombo

Kuala Lipis

Daiki

Kuala Lumpse

"Stal

Galla

Kunnia (Pahang)

Singapore

*ilmg Kong

Howrah

Mudros

New York

1.

BONG BONO BRANCH.

The next fair will be held at Utrecht from September 6 to 15 in clusive.

KAILAN MINING YIELD.

The Kailan Mining Administra tion reports the total of its out put for the week ending July 16 at 103.227 metric tons, and sales at 51,949 metric tons,

Sales. Underwriters.. $2.80.

Buyers.

Hong Kong Banks, $1,625. Canton Insurances, $1,375. Union Insurances. $482%, China Fires, $620.. "Hong Kong Fires, $1,200.

Hong Kong Steamboats, $21. Union Waterboats, $20. Raubs, $384.

N. Engineering .....The.. Shanghai Docks ---Tla,

Landa, Hotsia & Bulldings.

|H,K, & 5, Hla. (old)$||0.45

(New)

1

Shanghai Lands in Tir. Metropolitan Lande Tis, Humphrey .................3 20. H. K. Realtics Asia Realties "A" „MS "B"...MS

H.K. & K. Wharves, $140. H.K. &W, Docks, $18%. (Continued at foot of next Column.) Chinese Estaics.......

UNCERTAINTY IN DULL SHANGHAI MARKET

July 26, 1932. Ewos were steady with buyers at The statement that there is 14.10 August. Shanghai Lands little or no interest in the market changed hands at 25% July. In

Chinz Realties ....Th China Debeatures... Tha.

Cotton Mills

Ewo Cotton. Th Shanghai Come...Th. Zooug Singa ........ Wing On Textile S'hais

at the present time may be true tascos were wanted at 4.05 August. · Public Utilities of the surface if daily volume is United Theatres had good "buyers n. 8. Tramways ...$ 20. alone considered, but a better ex-at 5.10 cash with a few sellers at Peak Tram (old)... planation of the dullness probably 15% August

(LGW)...

CAN

can be found in the uncertainty. Several dividend announcements Star Ferrics .........$ as to the trend which foreign and have taken place during the last Yumati Ferries (old.84 (new)...$ 89 local news may take in. the near week. American-Oriental Banking

Corporation declared a dividend of Chin Light (old)... 17.70 future.

(now)... The first part of the period 6 per cent. to all common share-H. K. Electrica...... 15 under review started with a quiet holders of record on August 3, Maco

Current quotations for Sandakan Ligh...$ One. On Thursday a slightly bet 1932.

ter trading prevailed with good A.0.B.C." "A" and "B" shares are H.K. Tele, fully paid $ buyers and better rates for most as follows: Bid 20, Asked 21. shares. Bourabaya

*

(Pref.

.

July B. 82.

May 20

Jans 8, 19

.

for a....

Mar. 0.8

18)

fiec, kaset Aslisad fer, 192k

18

Deo.

neo.

·Mar 2. 12

2.30

A

$118

Tiec, Vin, T.11 making T.14for 1981 | May 19, 39.

Doc... fnz 1901,

Mar 6, 39 **

71

зи

Apr.T &torine d

July 99, 91

... 251

Dec.

10

Fer

********

cat o 193

Mar, 18,93

F65, 16, 35

Apr. 8, 89

Oct. 29, 81

18.20 Deo: 60tajolli Mat«.(now) for 1

DeoFinal making for wit

Final Tubents T2,301 and 10,75 for 1381ent. Sop. | Tol year 209+5%;}

un ald

Decent on new for 1981.... Feb. 29, 39. 10.35 Dec. P. Mate, mnk, ojeta, for 121 Mar. 3,

Doo.

194 Fab. Interi alt your 20-2-32... Jan. 80, 89

* 156.

98

11.40

"Lat

eve

19.80

To

** 1.80 for 19x1

·T. 2-53 for half year 3-4-32- 10.60 JT. 80 ton year 23432, 1245

12.

Apr, 29, 39.

May 81, 89

Oct. 8, $1

Finas Bicis, making $1 for 1983). Fab. 15, 87° J81 on old for your

June 4, 22

-

Final (% making 20% for 1981 Mar. 9, 32

1) in preferensu obmenu]

subject to inom ter}} Feb. 6. 22.

Feb. 20,40

10.

| Agır. | Busta on new} "nari

Deo:

us for 1951

Fat 13, d

Dea.

$1.75 ft 109

Apr. 27,89

| Sept. |- 50 cia, for year 305-12.

#Loc. 81, DE

Deo. for last

Mar:-20, 20

J

NOT

1891

part paid 29.

Doc.

12

Deo.

1.0.00 Tor 1029.

12/6 Sept

-

129

Dec.

PA. L.60 for 103).

·Mar. 4. 5.

14

were

Monday's market added little or ing international or national news nothing to the general picture. of first rank importance stock Canon Ica "......$ Trading action continued to be market operations will hardly show Cements (com.) 16.10

(old) ............... quiet, due to Tuesday's July settle increased resistance or steadiness.

(new) **** July 20, 1932-20.17 ment with all the brokers busy High for 1931-32 Sept. 19, 1931-28.66K up......... with their. settlements. Prices Low for 1931-32 July 12, 1932-19.99 Chin Agaclare......>

'more or lass unchanged.

July 25, 1932-20.10

Pref....Tia.

(10)

Dea. For 1430

· Mar. 24, 87°

July

90 cante for year M•7•51

Ool. 2, 35

1.

..28.18

"

Storas, ke.

AO.FC. Average of Shanghai Stocks

Watsons (old)

Every description of Banking and Exchange bual

ness transacted.

Travailers Chaques" Inamed:

Trustee and Executorships ander taken.

INTEREST allowed on Current Acoouble and Fixed Deposits at Bates that may be ascertained

J.. B. ROSS,

on sppicalon

Manage 7. Queen's Road Central,

Hong Kong, 7th April, 1932.

Sentiment on Friday did Shanghai Land Investment "Com China Buses. Th not signify a break away from the pany notified its shareholders that S'poreTraction Ord.- established monotony. There was an Interim Dividend of 6 per cent. very little doing in the share mar has been declared in respect of ket. Bates were very steady with 1932. sellers not inclined to operate.

TWENTY MEPRESENTATIVE

FROCKS

נגדו.

Industriela Malabon Sugar kā Without the influence of impend Cald: Macg. Ord....Tia.

|16.25

11.40

ZIELLVIE

100 are

Deo,us roots on new for 1981 Maz, 87,81

Dec.

85ata, boma 160te.uk.#1tur1051| April 1, 09

Deo.

$1,78 for 1981

Des

Mar,

180 centa

Ock

on for year 31-10-31

Apr. 19.83

a eta, bones cid for yuki June 8, 32-

Feb.1 making SO OEM).

82 bosna 50 eta. Int year, 19-2-2- Apr. 99, BEI

U nonus Beta for

Fah: 1 making $1299625-629)

jâu via Võnis Ki'ota;) for yEA!

Feb

1.865 Feb.

1968

**

makog 30 cents

19

May 11, 88

Apr. 11, 25

·Sept. 80, 110

Dairy Farms

10 (new) Der & Wings

Lane Crawforda

Mackintosh res

Sincerce ...

Wm. Powells

Wing On Textile H.KS Miscellaneous

HK. Amusements" ... 192 Cà. Entertainment .....$

S. C. Enterprises

United Theatre .........

Macan !!Greyhounda!" #: aau Constructions (Old)

(New) 51,70

B. ind. G$ Bonds. H.Bu. Gort. Logas

Wallace Harper &Co,. Chins Sports Lu $

Mar. 1.00 for yeni 31-4-31, 18 Deo. 80 santa for 1981 187 Dea.

Doc.

10 Dec.

17.55

(40 cents an old for 1951 Dec. 11 cats aw}

60%

***

12.90 Jan. | #4 for 1981.

Providents (Qld), 4%. HK. Hotels (Old), $10.45. Hong Kong Lands $77. Humphreys, $16.

Hong Kong Realties, $10.85. "Hong Kong Trains, $28

Star Ferries, $91. Yaumat-Ferries (Old), $34. Yaumati Ferries (New). $88.! China Lights (Old), $17 Hong Kong Electrica, 47434-

nas (P.P.), 122.20,-

(Combined) $16,15

Dairy

H.K Amusements.

Internthali yonily

May 11,

Constructions (Old), $7.85. Constructions (New), $1.70.

H.K. Govt Loans, 8% Premium.

Bellers,

Providenta (Old), $5. HK. Hotels (Old), $10,60,

- Ewo Cottons, Tis. 18,80.-

FICATES.

In Baale:—42, 158 3d.

ationale de

A

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