PANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Geibarimad Capital anonymo Laound and Philly Pull-upfasizoma Home Finde m
Berling
1,800,000
Romen Liability of Propriators coche
IZAD. OFFIOK: HONG KONG.
BOARD OF DIRECTORS →→
Hon. Ma, 3. 7. Pater
Chairman
T. 3. Puros, hog. Deputy Chairana.
Hon. Mr. W. U. Bali,
H. Compion, Bag, M... Joho,, Eng
AMOY
'BANGKOK.
.BATAVIA
BOMBAY
CALOUTTA
JASTON CHEFOON
COLONBO
DAMEN
FOOCHOW
KAIPHONG
HANDURO
HARBIN
BANKOW
KLONG LEW
FLAILO:
JOBONS
LORE
KOWLOON
J. A. Plautom
Ti H. Bi. Khan, Digi
J. F.. Warren, Bog.
V. 1. Ongburn, Eng Chist Manager.
BRANCHES :--
KUALA LUMPUR
.LONDON
LYONS
MALACCA
MANILA. MUA
(Johoret:
MUIDEN
NEW YORK
PEIPING
PENANO
HANGOON
SAIGON
SAN FRANCISCO
SHANGHAI
SINGAPORX.
SOUBABYA
BUNGE PATANI
TIENTSIN
TOKYO
THINGTAO
YOKOHAMA
ཎྞ༔
Current Acounts opened in Local Currenny sad Wind Deposits mesired locou zage or shorter periods in Local Company and Maring an terma which will be quoted an application. Trong lành của April 1992,
HONG KONG SAVINGS BANK.
The Duals of 'ike ubora Bank is cond stated. IF A. HOWO TÔNG ARD RHANGẠI BANT. IG CORPORATION, Bulas may be shonimel.
-FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.
V. M. GRATOJAN.
Chaal Manager.
Hong Kong, 37th February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office-Hong Kong,
Authorised Capital (H.K. Gürmany)... #41,000,000
·Fald Up Coplia
LuiFuad གས་དན་མ་མད་བ་ı
6,302,000 1,100,000
Cartoo Rhanghai, Haaków.. Виват,
BRANCHER :-
Bangkok, Naw I
and San Fransiano.
-
+1
LONDON BAT
„The Llayd's-Bank, Elmited.
ODERESPONDENTS
In all principal sličan of the World
ין
נו
Pasign Kichange and banking business of
every description iraamated..
Mile Depot Dexos (various siasa) as a joriy
restal' of 'from $3 to $40
LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA. 行銀國中
Reorganised October 28, 19%,, under:
special charter of The National Gov- sramént as an
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
THE HO HONG BANK, LTH
(Established: 1917.)
HEAD OFFICE: SINGAPORE. LOCAL BRANCH
13, Queen's Road Central
THE CHINA MAIL.
Authorised Capital Straits $20,000,000 Issued Capital
H
8,000,000
Paid-up Capital
**
4,000,000
4,000,000
Incorporated by Royal Charter, 1953. | Reserve Liabilities of
OFFICE: LONDON,
Paid-up Capital Reserve Fund
£3,000,000 £2,000,000
Reserve Liability of Pro-
prietors
£3,000,000
Agencies and Branches:
ALORİSTAN
AMRITSAR
TYCHINO
ΒΑΝΟΣΟΣ
MADRAS
MANILA
MEDAN
BATAVIA BOMBAY CALCUTTA CANTON
JAWNPORE..
CZBU
COLOMBO
DELIT
HAIPHONG
HAMHUBO
HAYTOW
HARDIN
ILOILO
IPOR
NEW YORK
RANGOON
PRIPING (Peking) -
PENANG
SAIGON
SEMARANG
BEREMBAN
BILANGTEAL
SITIAWAN
SINGAPORK.
KONG KONG
SOUBADATA
ΤΑΙΡΙΚΟ
TIENTSIN
TONOKAH (Sukel)
YOKOHAMA
KARLOHI-
ELANG
KUALA LUMPIJN
КОПР
THEOTAO
ZAMBOANGA
"Eoreign Exchange
Shareholders
Commerce and
Finance
BRANCHES and AGENCIES in the NEW YORK STOCK
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 Profité U.S.$225,503,775.00
Branches in
ARGENTINE
BELGIUM
BRAZIL
CHILE
and General INDIA
Banking business transacted.
Current Accounts opened and Fix-JAPAN
ed Deposits received for one year or
MEXICO
PHILIPPINE
· Commercial "and' Travellers”, Letters
shorter periods at rates which will be of Credits, Travellers' Cheques, Bills quoted on application.
A. H. FERGUSON,
Manager, Hong Kong, 8th July, 1932. v
|
EXCHANGE.
A.O.F.C. Quotations.
New York, Yesterday.
Last To-day's Change "Aver Aver.
87.71
·30 Industrials 65,36
1.36 up 20 Rails.24.72 2672 2.07 up
SHARE MARKET.
TUESDAY, AUGUST 9, 1932.
CANADA'S ECONOMIC
RUSSIA'S GRAIN
EXPORTS.
Bread Shortage Will Hurt Commerce.
Moscow, July 7.
AMBITIONS.
Seek Broader Empire Trade.
CONFERENCE CRITICISM.
Soviet grain experts this year acaj The official summary of the likely to be substantially lower than
Colonel G. P. Vanier, Deputy Stock Exchange Issued yester in 1981, writes Eugene Lyons of the
High Commissioner for Chanda day:-
United Press,"
who attended the Empire and Although a preliminary official Trade Exhibition at Although there
was a lack of estimate foresees a larger grain declared:
Southend, activity yesterday in the lower harvest the last year, the pro-
"I have heard criticisms of the priced section," prices," seem to spects for export are at this time)
In view of Imperial Economic Conference at fairly stabilised, special not too promising.
internal conditions created by acute Ditawa. It has been said that the 20 Utilities 28.48 27.30 82 ply at the level established in the bread shortage in recent months, effect of the Conference may be
Mesaro. E A. Pierce & Co. re-
the Kremlin is not likely to leave to restrict trade. If that were so port:-The market rules firm
I do not believe the Government On the other hand the investitself with inadequate supplies. Two of Canada would have convened the Business done: 5:500,000 shares.
*“hangry years” in succession would Last To-day's Prica Price
New York Drugs, Inc.
Du Pont de Nemours Eastman Kodak
General Electric General Foods General Motora International Harvester 284
be
last day or two.
ment section continues to gradual- ly creep up from day to day, partly due to scarcity of offerings.
Sales.
H. K Hotels (old), $10.65. Hong Kong Lands, $784.
Buyers.
• "China Underwriters, $2.80.
China Fire Insurances, $620,
LONDON
PANAMA
PERU
CHINA
Al Reduction
51
COLUMBIA
ISLANDS
Allied Chemical & Dye 78
50 76
CUBA
FORTO RICO
American Can
49
51%
A
DOMINICAN
STRAITS
American Telegraph" &"
REPUBLIC
SETTLEMENTS
Telephone
110
URUGUAY
American Tobacco "B" 79%
784
ITALY
VENEZUELA.
Auburn
72%
75
Borden Company
28%
304
Canadian Pacific
16%
144
Consolidated Gas of
52/4
64%
+474
40%
381⁄2 *38
-59-4
19% 26
62 19 2844 144 15% G 28%
H. K. Steamboats, $224.
8%
Union Waterboats, $20: Raubs. $38.
Liggett & Myers "B" 59 28. Loew's Inc. Pacific Gas & Electric 27 Pennsylvania Railway 13% Radio Corporation Sears Roebuck ...... 23 Standard Oil Company
352 of New Jersey Socony-Vacuum Corp.. 11 Union Carbide. & Carbon 24 Union Pacifie
58
26%%
27%
14%
7%
7%
23
*85
11
24%
63.
66
United Aircraft. &
Trans.....
13% United States Steel . 41 · 41% Westinghouse E. & M. 3444 34
* -Reuter.
13%
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
of Exchange and Cable Transfers bought and sold. Current accounts and Savings Bank accounts opened and Fixed
Deposits in local and foreign currencies taken at rates that may be ascertained on application to the Bank. We are also able to offer our Cus tomers the services of the Branches of the International Banking Corpora- tion in Spain and also of The National City Bank of New York (France), S.A., in Paris and Nice.
R. M. MCLAY,
Manager. Hong Kong, May 13, 1932.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formosa,
Incorporated by Special Imperial Charter, 1899.
EFFICIENT TRUSTWORTHY—Bank-Noter sourd Average account. Yes. 45.000, 004
RELIABLE-COURTEOUS.
144-150, Des Voeux Rd. C.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
DANEERA,
Established. 18:34.
•Hong Kong Oliosimil, Queen's Bood Centrali
Authorized Capital ·
Paid-Up Capital
Reserves
2. 150,000,000
.L. 80,030,000 20,015,000
Head Ofos—STERDAM”. ¦
· Eárioen ' Head - DB08 15-BATAVIA.
INTERNATIONAL EXCHANGE-- | Brazobes :-Bandjermania, `Bardowig" Bombay,
BANK.
Subscribed Capital
Paid-Up Capital
Beserve Funda
: $25,000,000,00
#24,200.00
..$ 3,820.03.82
HEAD OFFICE: SHANGHAI
HONG KONG BRANCH:
4. Queen's Road Central,
Owing to our numerous branches in Chium and large connections in the im- portant commercial centres of the world, we are able to extend to our client special facilities for domestic and foreign banking and exchanges.
We also handle the issue of Bonds
Oil Charĺbo Djember, Djak jakarta", The Elague", Jiddah, Hobe, Makamar, – Modan, Filming, Jaka lougas, Frasse, Bangos, Bettedarn", Remwany. Shonghai, Slagspora” - Boara- bala, foscakarta (Solo), Tegal, Tjantjep and Woltevreden”.
*The office have Safe Depot Boxes to Lot.
LONDON. BANKERS :—
NATIONAL PROVINCIAL BANK LTD. -1
Correspondania all over the world. Hanking Buni»; nowe orary description transsetød,
A. STOŻKINE,
Hong Kong, 21st June, 1982.
THE
Manager.
and other Public Funds of the Chic-AMERICAN EXPRESS COMPANY.
Das Government both at home and abroad.
Hong Kong, 6th March, 1981...
INC.
Head Office: 65, -Broadway. New York
SHOU J, CHEN,
Manager.
Capital
Surplus
Beserves
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Yen 117,800,000
"Capital (fully paid-up) Yen 100,000,000|
'Reserve Fund
Head Office:--YOKOHAMA.
Branches and Agencies at:
Aluribdila
Barlin
Bombar Calcut
Canton
-Chimathum ti
Dairen (Bally'});
Nagasaki Nagoya
Newchwang
New York
Hatavia
Oska
Kes
TJ.S.$8,000,000,00 : : /U.S.$1,882,882.04 ‚U.S.$1,458,118.78
BRANCHES-
Genos
Nice
Kapio
Paria
5000). Carla
ccess Com
pany in Principal_drias ́of United
States of America, and Canada
- All classes of Commercial Banking
Transactions, undak-taken.
Ement
Central Bank in Formosa.
BRANCHES AND AGENCIES:
JAPAN :--Tokyo, Takohama, Kabe, Diaka.
·FORMONA :-Oiran, Kegi Karanko. Kooluse, Makang, Kauto, Shinobiku, Talzbu, Telman, Takso," "Tamesi, Toen, Heito, Tatto CHINA-Shaughst. Enakow, · Amor, Foodbow,
Swxlaw, Canton,
OTHENS:-Hong Kong Singapore, Bowralaga, Bemarang, Batavia, Borobež, London, New York, Dalria"
ነ
LONDON BANKERS ('
Barclays Bank, Lid, logia Bark, Ltd. Midland Bask,- Lid, Westniszter Bank, Ltd:
International Tel." &
Tel.
****
EXCHANGES.
·TO-DAY'S QUOTATIONS.
On London- Bank, wire
The Bank has Correspondents to all the principal Bank, on demand
Commercial Centras throughout the world. K. NAGURA,
HONG KONG BRANCH
Massger
4. Des Your Boad Cantral, Hong Kong, Decoraber 24, 1981.
THE NEW
OPEL
THE NEW
1/31/2 1/8%
Bank, 4 months aight 1/3% · Credits, 4 months'
sight
11/4%
Un Paris-
On demand
5722
Credits, 4 months'
sight
612
On Berlin-
On demand
Nom.
On New York---
Product of General Motors
Oh deraand .............
Credits, 60 days' sight 28%
On Bombayan.
On demand
85%
Wire
857/2
-On Calcutta-
On demand Wire
85/2
852
On Singapore---..
ᎪᎯ
55%
On Manila
On demand
45
On Shangkali
On demand
7514
OPEL
THE NEW
For Economical On demand
Motoring
OPEL
THE NEW
For Minimum Cost
OPEL
THE NEW
For Maximum Mileage
OPEL
3-0-2-2-8.
OPEL
Dragon Motor Car Co Ltd.
On Yokoham
On demand 1.5g 8434
Sovereigns (Bank's
buying rate)". ... 1/4: Silver (per ox) 171⁄2" Bar Silver in Hong.
Fong
Copper Cash
Copper Cente
Nom
Nomi
1% prem
835.9% D
Rate of Native Inst
tereat
Chinese Sub Coin 80% dis Hong Kong Sub. Coln Par
LONDON
Paris
New York
Montreal
Brussels
Geneva Amsterdam Milan Berlin. Stockholm Orlo Vienna CopenMagen Prague Helsingfors "Madrid" PE Lisbon
Athens #Buchar
EXCHANGES.
London, Yesterday.
88%
8.454
8.95
24%
17.75
8.58
67%
«14,50
19:7/16
19-81/82- 30 nominal
18.60 11615 -282140
leaders are most unwilling to com- the other Governments "would have
1
be a political error which the Soviet Conference, and I do not believe
accepted the invitations. malt.
Moreover, the optimistic official "Our object is not to restrict estimate is admittedly based on trade, but to make it freer. Com- partial and very early indications (pared with the first five months of It has been received by the general 1931 trade in the principal coun- public and foreign observers alike tries in the world this "year fell oft with considerable scepticism. In-to the extent of £885,000,000, or deed, it seems clear that the pro- 25 per cent. If the nations of the Hong Kong Banks, $1,540 x. div.nouncement, through the month of world so far. have not succeeded in Valerian Ossinsky as head of the stopping the alarming downward Union Insurances, $475.
State Statistical Bureau, was In trend of trade, with its resultant tended to overcome widespread chaos, and it they have not been fears that the new harvest will be able to agree on some method to arrest this process "of deterioration unsatisfactory.
Figures in acreage for all crops and disintegration somebody must' in the country available at the be- make the attempt at once. ginning of July showed ∙an ára "The body which appears to have nearly equal to that of 1981 the best chance of succeeding is the about 236,000,000 acrens against British Commonwealth of Nations. last year's 234,000,000, While When trade begins to flow, even if sections in the extreme north were it be only in a part of the world, still planting. later information will like blood in the body, it will herald not alter this relative situation the beginning of new life. 7 seriously.
"We look forward to the A study of the grain sowings, prosperity of the British Common- however, discloses the fact that wealth a a forerunner of world wheat, oats and other grains did prosperity. We cannot allow local not measure up to 1931 records. prejudices to impinge themselves They are backward as compared on the coming conference," or we with the total sowings.
shall all sink together."
HK. & W. Docks, $18. Providents (old), $4.85.
H. K. Hotels (old), $10.60.
H. K Hotels (new), $10.10. Hong Kong Lands, $78.
Ewo Cortona, Tis.13.70. Hong Kong Tramways, $224, Star Ferries, $93.
Yaumati Ferries (old), $34. -- Yaumati Ferries (new), $33... China Lights (old); $17.80. Hong Kong Electrics, $77% Telephones (P.P.), $23 x. Div. Cements (com.), $154. Dairy Farms, $27.30. Lane, Crawfords, $54. H.K. Amusements, $19. Constructions (old), $74.
Sellers.
Union Insurances, $485. Providents (old), $5. H, K. Hotels (old), $10. H. K. Hotels (new), $10.40. Telephones (F. P.), $31 x. div. Cements (combined), $15.70. Hong Kong Ropes, $13.
[03.29
Thus the area under " wheat is only 82.8 per cent. of the planned total; under oats, 78 per cent.;
under barley, 88 per cent.as may hold true for some regions the against 92.3 per cent. for all crops. chances of its fulfilment in other in other words, larger plantings places-in Buch grain regions of cotton and other technical cul-as Ukraine, for instance-are tures made up the margin of failure small. for grains..
Thé 1931 grain exports were over Wheat, with 54,225,000 acres 5,000,000 tons, exceeding even the. sown, is fully 9,400,000 acres be-1980 totals. Almost exactly half hind last year.
Oats, with 42,-this amount was made up of wheat, 990,000 acres sown, is 7,432,000 with 1,100,000 tons of rye in second acres behind 1931. Barley, corn place. The depletion of some of and other grain crops likewise abow the intention of the government declines, though much smaller ones, to feed its people more amply in from last year's totals. Even on the next year, make it altogether exceptionally good yield per acre unlikely that these export figures will hardly cover this difference. can be reached from the new har- And while M. Ossinsky's prophecy i'veat.
AO.E.C. Average of Shanghai Stocks
Insofar as the present stock consequence, brokers, being engaged was steady at 5.10. Buyers were market is concerned, the political on squaring off accounts. Only 708 offering 11.20 for Cathay developments all over the world ap shares and 87 bonds changed hands. Signs of strengthening wate pear to be of secondary importance The market during the following evident on the plecs goods, market. In Ita Influence upon sentiment days remained dull and quiet, only Clearances were showing some Im Evidently we are not as interns small business was done, prided) |provement, and the Chinese cotton brighter tionally minded as all teaching and however, were well maintained, and yarnmarkets have
the past few years Ewo shares eased off in sympathy outlook.
prices improved. with yarn declining abou
of table. Opertizi
Now
3/82
a low for