BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capital
0,000,000 loud and Fully Tald- 20,000,000 Her Fands-
Bierling
BUT
4,500,000 $10,000,000.
Habarre Labily, of Propriators 20.03,000.
BAD OPRICH HONG KONG.
BOARD OF DIRECTORS;—
Hou, Mr. J. 1. Paterson.
Chairman.
T. E. Par Esq. Deputy Chairman.
How. Mr. . . Dell;
EL. Dom Lou,. Heg.” 12. Johnson, Baj.
Makin, Esq.
AMOY
BANOSOX
BATAVIA
BOMBAY CALCUTTA
CANTUN CHEPOO
1. A. Plumbİ
T. H. A. Shen, Eng
J. P.. Warren, Ring:
V. M.. Qeyburn,, Raq, Chief Manager:
BRANCHER 1
LONDON
LYONS
KALACCA
WURDEN
PANG
RANDOUN SAIGON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
THE HO HONG BANK, LTD.
{{(Established: 1917.)
HEAD OFFICE:-SINGAPORE LOCAL BRANCH ~
18, Queen's Road Central
Authorised Capital' Straits $20,000,000
fasued Capital
8,000,000
Paid-up Capital
4,000,000
Shareholders
4,000,000
Incorporated by Royal Charter, 1853. Reserve Liabilities of
BRANCHES and AGENCIES in the principal cities of the world.
Every description of Banking and Exchange business transacted.
KO LEONG HOE,. Managing Director,
HEAD OFFICE: LONDON,
Paid-up Capital
Reserve Fund
£3,000,000 .23,600,000
Reserve Liability of Pro-
prietors
£3,000,000
Agencles and Branches:
ALOR STAB
THE NATIONAL CITY BANK OF NEW YORK.
KUCHING
HEAD OFFICE: 55,' Wall Street, NEW YORK.
AMBITSAR BANGKOK BATAVIA". BOMBAY CALOUTTA
DANTON CAWNYORS CEBU COLOMBO DMLAI TIPHONG KAMBURG
RANKOW
HARBIN
HONG KONO
MADRAS
MANILA
MEDAN
NEW YORK
PEIPING (Paking)
PENANG
RANGOON
SATOON
BEMARANG
BEREMBAN
.RICANDILAT
"RINGAPORE
SITIAWAN
SURABAYA
TAIPING
TIENTSIN
TSINGTAO
THE CHINA
MAIL.
Capital. Surplus and
Undivided Profits U.S.$225,503,775,00 Branches in:-:
ARGENTINE
BELGIUM
· BRAZIL **
CHILE
CUBA
PHILIPPINE.
LONDON
MEXICO
MANILA
PANAMA PERU
MGAH (Jebars)
ILOILO
[POTT
CHINA
KARACHI
NEW YORK
TONGRAH (Bhndet).
COLUMBIA
ISLANDS
KLANG
COLOMBO
STORE
DAIKEN
ΤΟΚΟΝΙΑΜΑ
KUALA LENI x
FOOCHOW
ZAMBOANGA
DOMINICAN REPUBLIC
HAIPHONG
BAMBURG
HAN PRANCIAEO
Foreign Exchange
and
HANKOW
BHANGHAI
Banking business transacted:
General INDIA ITALY
PORTO RICO STRAITS
URUGUAY VENEZUELA
HARMIN
SINGAPORE
BOURADYA
HUNDEL PATANI
TIENTRIN
TOKYO
TSINGTAO
YOKOHAMA
BONOKKW
LOILA
ГРОН
2010
IONE
KOWLOON
KUALA LUMPUR
Current Arraunsa epened in Local Ouray and Fized Deposits ronived for one year shorter periode in Local: Compeas and Rterling esserm which will be quoted an application. "Hong Kong, dib. April.. 1972.
HONG KONG SAVINGS BANK.
The Buds of the above Beat Je conducted the BONOBONG AND HANDRAI BANK 10 CORPORATION. Halm usy be ybbled ・me application.
FOR THE KONGKONG AND BHANGRAI LING CORPORATION.-
7. M. GRATBURN,
Chiet Manager.
Hong Kong, 27th February, 1932.
THE BANK OF CANTON, LTD. Established 1912.
Head Office-Hong Kong." Authorimad Capital" (.K. Correary) ...$11,500,000 Pald-Up Capital
Koorvi Fund pkman
Canton
*NKANCHES-
8,064,000 1,100,000.
Shanghai, Bankaw. Swajow, Bangkok, New Tark and Sea Frasco
LONDON BANKERS ↑ ----
The Llard's Bank, Limited. CORRESPONDENTE.
In all principal, ofis of the World.
Foreign Exchange and banking business of
erry dewription transacted.
Bale polt Bases (various sisse), as a yearly
rental of" from $5 to $40.
LOOK POONG SELAN,
Chlef Manager.
THE BANK OF CHINA.
tr.38
國中
Reorganised October 26, 1928, under special charter of The National Gov ernment as an
- INTERNATIONAL EXCHANGE
Subscribed Capital
BANK.
.$25,000,000.00 200.00 .$24,7 -$ 8,826,03.82
Paid-Up' Capital ... Boserve Funds
HEAD OFFICE: SHANGHAI,
HONG KONG BRANCH:
4. Queen's Road Central."
Owing to our numerous branches in China and large connections in the im: partant commercial centres of the world, we are able to extend to our clients special facilities for domentie
and foreign banking and exchanges.
We also handle the issue of Bondi
Current Accounts opened and Fix-JAPAN ··
Manager.
THE NATIONAL COMMERCIAL
SAVINGS BANK, LTD.
CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait. SAVINGS ACCOUNTS
to
R. M. MCLAY,
Hong Kong, May 19, 1932.
Manager.
Commerce and
Finance
SHARE MARKET
Weekly Reports By Brokers
G. A. HAKRIMAN.
quantity at $4.80/.90, closing 'with buyers at $4.85.
SATURDAY, AUGUST 6, 1932.
Canada's Trade With
South China
Possibilities Of The Orient As A Market
OUTCOME OF OTTAWA CONFERENCE
MAY MEAN FIRMER FOOTING
Other Commodities.
Hong Kong, August 5. Mr. G. A. Harriman's weekly share report and market
Improved rate of $78. Hong Kong issued at noon, states:---
The market during the week Realties eased off a little with Ottawa to find a means of obtain and commodities (Canadian valua "vegetables, tion): Fruits and Ing & firmer footing on the Hong $18,192; grains other than "osts, under review was rather quiet as shares offering at $10.80.
Cotton Mills.-Ewos were very Kong market and” the large terr*- $6,951; milled cereals other than business was concerned but with the exception of Cements all stocks steady and were transacted at Tlstory of Southern China which it wheat flour, $25,421; prepared cer
Hotels and Real Estate-Hotels
Canadian exporters have been
In addition to the above Canada the Empire Hong looking forward to (old) were a shade better and were transacted at $10.55/60.
exported in the past fiscal year to, review Kong Lands were realised at the Economic Conference to be held in Hong Kong the following goods
4
showed a tendency to harden and 13%, closing with buyers at Tls.
Cements clos- Public Utilities.-Trams
4
serves.
official eals, $11,448; roots and herbs, $27,- According to in some cases substantial advances 15.60.
main- figures issued by the Statistical 239; breeding cattle, $15,000; lea ther, $83,296; butter, $8,924; are to be recorded, SETTLEMENTS ed at $15.80 after business done attained their strength, business hav- Office of Hong Kong, Canada in cheese. $4.627; textiles," $6,630;
$15.80/16.30 cash. Lights were ing been effected at $22.90 to $28.
1931 pnjoyed slightly under 107 iron pipes 814,196 wire, $2,327; stronger at $18. Realties were Star Ferries changed hands at $92
at per cent. of her total imports and automobiles and parts, $12:198; Hotels and more shares were wanted quiet around $10.30, but
only 3.7 per cent of the total im-aluminum in bars, $4,487; lead in A fairly ed Deposits received for one year or Commercial, and Travellers' Letters were better at $10.60. Raubs ap-$93 towards the close.
pigs, $12,677; zinc apelter, $2,527; shorter periods at rates which will be of Credits, Travellers' Cheques, Bills
The demand in large amount of business was done! ports from the British Empire. quoted on application.
of Exchange and Cable Transfers Preciated to $39. bought and sold. Current accounts the investment section continued in China Lights at $17.75/18.00, On the other hand, while off-storage batteries, $2,726; electric A. H. FERGUSON,
at the latter cial figures from Hong Kong would instruments and apparatus, $3,617;. paints, $4,932; drugs, $6,308; pack- and Savings Bank accounts opened and with Lands firm at 8774, Trams closing in demand
Electrics experienced a big, indicate that Canada took only ap Fixed Deposits in local and foreign steady at $22.90, and Electrics [figure. Hong Kong. 8th July, 1932.
currencies taken at rates that may be jumping to $78.Telephones also and sharp rise and were done as proximately .04 per cent. of her ages and containers, $11,288; house- ascertained on application the Bank.
were high as $73.- Telephones (P.P.) total exports in 1981, it must be hold goods, $1,629; piano, parte, We are also able to offer our Cus. Improved to $24. Wharves
considerable $8,946; and aeroplanes, $5,130.
On the other hand, Canadian im- tomers the services of the. Branches wanted at $140%. In the sterling jumped up two points during the remembered that of the International Banking Corpora- section, Unions remained steady week, the market closing with buy- quantities of her shipments of goods porte amounted in the last fiscal
to the United States are destined & do in Spain and also of The National around $485, and a few Banka werelers at $24.
year to $660,989 and included among City Bank of New York (France), done between $1,620 and $1,695. Miscellanteus.-There was a fair for consumption in Canada. S.A., in Paris and Nice.
(comb.) at Canadian business men are alive others the following articles valu- ed in Canadian money:-Fruits The tone of the market is decidedly turnover in Cements
corresponding to the possibilities of the Orient as better towards the close...
$16.80/16.30 and
$19,088; vegetables, $48,660; Banks-Hong Kong and Shang-rates for forward deliverles, more a market and only the present
grains, $270,415; nuts, $3,984; oils, hai Banks were the medium of a shares could be placed at $15.80 at world-wide state of trade depres-
655; ta, 133,818. s. valued at THE BANK OF TAIWAN, LTD, fair turnover at $1,620/85 closing the close. Hong Kong Ropes were sion is preventing "extensive de $20,030; sugar, $31,324; spice, $10,-
in demand at $1,500. Bank of a shade easier and could be obtain-velopments in
$19,698; Ash, $55,156; silk, $11,085; (TAIWAN GINKO.)
East Asias were quiet, but there ed at $12.80. Dairy Farms main-trade. Canada occupies the most other textiles, "$4,691; wood manu
tained their strength and were Infavourable position of any nation | were some enquiries at $107.
Insurances. -Union remained demand at $2734 without attracting in relation to Oriental trade. The factures, $13,700; paper, $8,916; steady and were done at $485. any sellers. Sinceres continued steady crack Canadian Pacific Ocean books, $4,385; drugs, $18,035; ex- China Underwriters attracted some with buyers prevailing at $15.75 Steamship liners ply regularly from plosives, $6846; perfumes, $519
chemicals, $11,195; containers, $18,- 673;
and household goods, $6,957. attention and a fairly large num- Lane Crawfords were wanted at Vancouver to Hong Kong while a Hong Kong Amusements number of small cargo vessels oper- ber of shares changed hands at 854.
enquired were
$194.ate constantly between these ports. $2.80/3.00.
The Canadian Government has offer Shipping-Hong Kong Steam- Entertainments
(old) done much in the past few years boats Improved a offering $22. Union Waterboats after having been dealt in at $7.50 to make possible the development continued in demand at $20. eased off a bit at the close, and were of trade between Canada and the Stock Exchange issued yester
Orient. A Canadian Trade Com day Docks, Wharves and Godowns.-done at $1.65/1.70.-
The past week has witnessed a Days:missioner is established at Hong Wharves changed bands at $189/ Forward 1402 and more shares were wanted. August 30, September 27, and Octo-Kong to serve the extensive. terri general upward movement in al- Providents (old) were done inlber 25.
We offer good rates of interest. TOTAL RESOURCES
$19,000,000
HEAD OFFICE:Talpeh, Formons
Incorporated by Special Imperial
EFFICIENT TRUSTWORTHY—Bank-Notes
RELIABLE-COURTEOUS.
144-150, Des Voeux Rd. C.
NEDERLANDSCHE` `HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY),
→ SANKED.
Established 1834,
Hong Jong Office:-il, Queen's Bond Central.
·
Authorized Capital Paid-Up Capital Reserves
.1.150,000,000
1. 80,030,000 1.20,015,000
Feed Office-MSTERDAM". Eastern Head 00:—BATAVIA.
| Besuches :---Bandjarmasin,.... Bandowng", " Bombay, Catentie, Cheriton, Djember, Djak. The Engsa", "Jiddah, Keba, Malchowe, Medan, Palembang. Paka longan, Penang Bangoon, Botterdam*, Semarang". Shanghai, Singapore, Boera bala, 60leskaria (Bola), Tagul, Killating and Waltavadno " *Then click vs Sala" Deposit Boxes to Let'
LONDON BANKERS —– NATIONAL PROVINCIAL BANK LID.``
Carreplents all over the world."Hanking Buel pass at every description transnotadi, ularn
A. STOKKIKE..
Hong Kong, 21st June, 1982.;.
THE
Charter, 1899.
Central Bank in Pormons.. BRANCHES AND ADENCIES: JAPAN-Tokyo, Tokohama, Kobe, Ducks.
lasand Average amount Ton. 48,000,
FORMOSA:Ciran, Kagli Kranke, Keelung.
Kalong Nente, Shinchiku, Taichu Tai Takso, Tamaui, Toen. Hello, Talsa..
little, buyers at Sinay Poochow CHINA-Shanghai, Hankow.
Bialows Canin
OTHER Hong Kong, Bingapore, Routabaga Setparang, Batavia Bombay, London, York, Dalrea
LONDON BANKERS -
Barclays Bane, Ltd., Lloyds Bank, Lid Midland Book, Lid, Westminster Bank, Lid. The Bank has Commependente iz all the principal
Commerels Centres throughout the world. E. NAOURA
BOND LONG TRANCE:
Den Van Bord Central Bong Sang! December H, 1981
Manager.
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE.
15. Graschah Streal, Tonda, 3.0.8,
Authorised Capital
£3,000,000
1,800,000 Subscribed Capital ............ Paid-up Capital
1,050,000 Reserve Fund. & Rest 1,217,927 BANKEES:
The Bank of England & Midland Bank, Ltd. BRANCHES 1
Ipah
Kands
Karachi
WHOLESALE PRICES FALL
Decreases During June Quarter.
$134
for
at
were
Construction
Sattlement
110
11
Canadian-Chinese
central
LOCAL SHARES.
The official summary, of "the
tory including Southern China, the most all seations of the market, Phillippines, British North Borneo the rise being quite substantial in and Indo-China. Another Cana- Canton Insurances, Electrics, Star Trading on the whole was not on Hong Kong during the June quar-dian Trade Commissioner is locat Ferries and Telephones (P.P.). ter of 1932 showed on balance gen-ed at Shanghai to serve eral average decreases of 4 per China and another one at Dairen to the heavy side, but it is satisfac- as compared with the first serve. Manchuria. Canadian Trade tory to note that the bulk of such quarter, and 7.2 per cent. as com- Commissioners are also located at business as has transpired was for pared with 1933, there being in- Batavia, Java, at Kobe and Tokyo, cash.
Closing tone firm:- creases of 18.6 per cert. and 26.7 Japan and a Canadian Legation la per cent, as compared with 1924 established at Tokyo. and the base year of 1922 respec- tively.
'cent.
Visits to China.
As mecsured at the Statistical Branch of the Imports and Exportą. Department wholesale prices in course, of, price changes since ment through the Department of
The following table shows the
Qtr.
1913:-
Bangkok
Belaria Bambay
Calestia
Kota Bharu
Colombo Delhi
Kuala Lipis
Forsig Fort Louis
(Mauritius Bangoon Shanghal
Groups
1913
1924 1931
1922 100.
1st- Qtr.
2nd
3rd
Qtr.
4th ist Qtr.
Kuala Lumpur
Simila
Ав
Kuanian (Pshang) : Singapore
Hong Lear Hayra
Madras
Bourabaya
New York
Foodstuffs Taxtiles Metala Miscellaneous.
HONG KONG BRANCH.
Every descripsist of Banking and-Zsxbangs bead-i |nasa: tranensted..
Trevallars Chaque laanid.
Trastee and Executorships under- taken.
INTEREST loved on Current Accounts and 20ind · Deposite of Réfor that may be ascertained on application.
J. B. ROSS,
Hong Kong, 7th Apri.: 1982
and other Public Funds of the Chin. AMERICAN, EXPRESS COMPANY. % goet's Bond Coral
see Government both at home and). abroad:
SHOU J. CHEN,
Manager Hong Kong, 5th March, 1981:
INC.
·Hend Office2-65, Broadway.”
New York.
THE YOKOHAMA SPECIE BANK, HIMITED.
Capital Surplus
Established 1880..
BRANCHES
Ten 117,800,000
Capital (fully paid-up) Ten 100,000,000 Beserve Fund'
Head Office:YOKOHAMA,
Branches and Agencies at:
Alexandria
Baturin: Berlin
Bombay Calcutta
Nowobway
U.S.$6,000,000.00 U.B.$1,882,283.04 US$1,488,115.78
inclinavodil_newrican: Dari Cam
in Principal citiae of United
of America, and
Manage
· UNCLAIMED TELEGRAMS.
The following unclanned teles gram is lying at the Eastern Ex tension Telegraph Co.'s office:--
Hector Fuentes, Repulse Bay Hotel, from Cordobaargentina via Radlar.
6. G. CLARKE,
Manager. Hong Kong, August 4, 1932.
Average
2nd Qtr."
In addition the Canadian Govern-
Trade and Commerce häs done much to assist direct shipping 'be- tween Canada and the Orient. Can- adian business men in recent years
1931 1981 1931 1931 1932 1932 have, paid frequent visits to China and are prepared to extend" their 73.8 106.1 144.8 144.1 147.3 142.2.148.7 129.6 130.1 activities when the occasion war. 55.1 112.5 185.8 147.9 148.1 128.7 123.6 185.6 125.5 rants: De
68.2 102.3 140.0 138.5 143.8 143.3 188.2" 137:0. 188.2 Canada's growth as an industrial 64.2 106.3 126.4 129.7 127.5 118.6 125.5 125.7 109.9nation is demonstrated by her
64.0 106.8 196.6 139.8 140.4 133.2 1327 182.0 126.7 ever increasing penetration into foreign markets which were pre- viously supplied almost exclusive-
WORLD
DECLINE IN
TRADE. German Summary Of The Position.
SAJA PRICES RECEDE
of deposits have stopped. Banksy by Great Britain, the United have Improved their liquid position States, and Germany.
Canadian trade with China and and the Money market has begun to
other countries of the Orient have function. The
capital market,
increased considerably in the past, however, remains completely frozen. The tendency to a freer movement decade, although It has been affect- in the Money market has made its ed in the past two years by the greatest progress in London. In general world-wide depression... other countries the increasing Export Decrease liquidity of the banks has been ac- Although the total value of Can The quarterly review of the companied by restriction of credits ada's exports to Hong Kong in German Institute for Konjunktur- so that the deflationary pressure the past fiscal year (ending March {31st last) ・・ was only $1,484,659 as forschung (the Study of Trade continues. Movements) states that, generally as to whether relaxation can de- compared with $1,961,854 In the speaking, the international crisis velop further will to a large extent preceding year, the decrease Is continues. Production, prices and depend upon pending decision in mainly accounted for by the de turnover continue to recede. Apart world politics. For the moment no crease in the value of commodities from Germany, France and the recovery in production or employexported, as many of her chler
commodities sent to Hong Kong | United States are most severely ment can be counted on. The following Fanclaimed tele affected. In Britain, on the other
Position of Industry, showed an increase in quantity last grams are lying at the office of hand; the general backward move- As regards the position In Ger- year over preceding years. Canada's the Great Northern Telegraphment has been stopped, and in some many, the Review says that no chief exports to Hong Kong con- Company (Limited) of Dan of the overses countries producing signs of à general improvement can sist of whast four, osts, fish, eva- mark:
zaw materials it has been slowed be observed. As a whole, the posi porated milk, newsprint and wrap Mr. Charles Thom, 201/207, down." The crisis in East Euro- on of industry has
try has deteriorated, ping paper, chemical fertilizer. has risen, while pro- boards; and planks, squered timber Shemshulpo, from Kobe.
turnover are on and hardwood logs... The following table shows the quantity of such coun- commodities exported by Canada to Kong in the past three fiscal years anding March 31st: ht
Dean agrarian countries has been
The decline in world trade
Miss Sonia Tranch, Thoa Cook, intensifed from Shanghai...
12- been particularly severe as a res
of the growing policy of isol
+3
BUSINESS DONE DURING
THE WEEK H.K Banks, $1,620, $1,630. Canton Insurances, $1420." Union Insurances, 3485. China Underwriters, $2.80, $8. Hong Kong Steamboats, $22. H. K. & K Wharves, $139, 81404. H. K. & Whampoa Docks, $18%. E. K. Hotels (old), $101⁄2, $10.55,
$10.60.
HK Lands, $77, 8774, $78. Humphreys, 31815,"
Chinese Estates, $105.- H.K. Tramways, $28, $22.90. Star Ferries, $91, $92. China Lights (old) $17.60, $17.80,
$1734
BAN
C. Lights (new), $17%, $171⁄21⁄2. H. K. Electrics, 8741⁄2, 376. $76%
-$77.
Telephones (P.P.), $21,80, $22.60. Cements (combined), $18.15,
$16.10, $16.
Dairy Farms, $271⁄2 Constructions (old), $7.70, Constructions (new), #14 Kailan Mining 28/82 Ewo Cottons, 11.184. CHANGES (3.15 pm) CLOSING QUOTATIONS Buyers
H.K. Steamboats, $224. Hong Kong Hotels (old), $10.65 Hong Kong Tramways, $22, Hong Kong Electrics, Dairy Farms $27.40.
gales.
Hong Kong Lands, $78. Chinese Estates, $105. Hong Kong Tramways, $22.99. Dairy Farms, 217
Hong Kong Hotels (old), $10 Dairy Farms,
Cements (co
$16. Constructions(old), $7.70. Ewo Cottons
1980
287-149
8,892
262,877