BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Rumored Capital............

$50,000,000

Loud and Pully Paidip 20.000,000 tears Pupilk ---

Harling£ 6,500,000 Hilter... $10,000,000

Borg Lakhty of Prepletare $23,000,000.

JTEAD OFFICE 1. - UONG KONG,

ست.

BÚARU OF DIRECTOR

Mon. Mr. J.. J. Puleres.

Chatrou

T. 2. Pracon Req.. Deputy Chairman.

Mom. *. W. U. Ball 4th Comptos, Esq.

1. Johnson, Eny. Kietla, Kaj.

A. Plummer, Eq..

11. 3. Shaw, Esq.

3. R. Warres, Kag

"V. M. Grayburn. Eas

BAND LOL

HAT & VIA

BOMBAY

CALCUTTA

CANTON

CKXFOO COLOMB DATHEN

FOOCHUW

· HAIPHONG

HAMBUN

HANKOW

ChiplTM Mongers

BRANCHE

LONDUS LYONS MALACOA

MANILA

MUAB (Jobaru

MURDEN

NEW YORK

PEIPING

TENANG

BANGOON

NAKHON

SAN FRANCISCUS

SULA NOUAR

ELARDIN

SINGAPORR

HONGERW

ANNANAYA

ILOILO

[PO

TIENTHIN

JOHORE

TORTO

KODZ

"THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1889.

HEAD OFFICE: LONDON.

Paid-up Capital

THE CHINA MAIL

THE HO MONG BANK, LTD.

(Established '1917) **

HEAD OFFICE:—SINGAPORE. LOCAL BRANCH:-

« 18, Queen's “Road Central

Authorised Capital Straits: $20,000,000 Issued Capital

Paid-up Capital ....

Reserve Liabilities of

Shareholders

41

8,000,000

4,000,000

Commerce and

Finance

4,000,000 NEW YORK STOCK

EXCHANGE

BRANCHES and AGENCIES in the principal alties of the world.

Every description of Banking and £3,000,000 Exchange business transacted. £3,000,000 |

Reserve Fund Reserva Liability of Pro

.`prietora

£3,000,000

4

Agencies and Branches:

KUCHINO

MARKAS

MANILA

ALOR: STAR

AMRITSAR BANGEDK BATAVIA BOKRAT CALOUSTA

CANTON

DAWNPORD

CEBU

COLONDO

DELEI

RAIPHONG

HAMBUNG

BANKOW

HARBIN

HONG TONG

momo

KOJE

REDAN....

NEW YORK

PRIFING (Poking).

PENANG

RANDOON

BAIGON

SEMARANG

SEDEMBAN

STANORA

· KÒ LEONG HOE; Managing Director,

HEAD OFFICE: 55, 'Wall Street, -

NEW YORK. **

Capital Surplus and

A.O.F.C. Quotations.

New York, Yesterday.

Last To-day's. Changes Aver. Avar. 73.67

51 up

OFFICIALS COME TO BANK OPENING.

FRIDAY, SEPTEMBER 2, 1932.

HONG KONG STOCK EXCHANGE. Opening Daily Official Quotations, Sept. 2, 1932. Next Settlement Day, Tuesday, September 27th, 1932.

STOCK

Banka

Hong Kong Band ...

(Lon, Reg.)... £

Chartered Bank

| Mercantile Bk. A&B. £

Ceremony To Be Held. Bank of East Asia

On September 6.

General Lee Chung-yan arrived in Hong Kong last night aboard ss.

Buy-Sell-

Sale Now! Fin

673

Last dividend and when paid

ans

Amdi, Q. Fin, Corp.M$ *** Ch. Fin. Cor, Ord, Th. Pref. ...Tia. Insurances Canton Ina.

THE NATIONAL CITY BANK OF 30 Industrials 79.16

NEW YORK.

20 Rails ......$6,63 97.52.99 up 20 Utilities....33.10 $3.59 49 up

Messrs. E. A. Pierce & Co. Re Tai Shan, accompanied by Mesarion Ins......... port: The market successfully Wong Chung-ngou, Pay Chi-kwan China Underwriters......... met the test of selling this week, and Wong So, to attend the opening China Fire los Attempts to depress prices met ceremony of the Kwangsi Provincial

H. K. Fire Ins. "$ with no mors success than had Bank,

The date for this ceremony was International Assce: Tis. been the case earlier. Again rail- road isauss led to the succeeding advanced to September 6. recently Shipping rally. The market new remains for General Lee's convenience. well under control and a continua- tion of a selected upward trend la Business done: 2,400,-

AUSGEI PATANI

Banking business transacted.

Current Accounts opened and Fix-ITALY ed Deposits received for one year or JAPAN shorter periods at rates which will be! quoted on application.

PERU

ISLANDS

Indicated.

1680:

Deo.

218

19

Incetim 3: U$j+$700

Aug. 8. 3a Too Win 7-sab, to Leu Mar, Doo: |||Bina2 42. Jens IPERN

32

1200). £ 8's for Buti

Mar.. 11.

1467

3.90

se Dr.

4.60

making 19%, for 1081

....3410 PP, ban. #5 for

Interuo 1992..

Dec.

Vinal for 12961 1utrima uc 195/ Deo. Sane

690 Dea And: 31 for 199) .015 | 5 18001

M 2

རྣ་

May 19,

May 27. 33

May 272 32

Mar. 30,

La ridend for ten

Exp: 124:19.

Laut Jávadnosti: fut pinet,

Fame Ishan firmae

· osate for

June 19, 29

July 6, 31

Mar. 30, 3a

June 30, za

Tu Chin

May 31

May 8, 34

* making ". (au, for type

Feb, 6, 12

NA+

[401

Mar Deste

SHARE MARKET.

The official summary of the Kailas Mining Ad. 3/4, Stock Exchange issued

S'hai Exploration...Ti. The heavy pressure on China Loan.........T]”. Lights, noted in yesterday's Sum-Raubs

"

mary, developed into a regular raid Venezuela Gold Fields $1.86 on this stock to-day, and the price Benguet Explorations 5 octa. 17% was forced down to $16. It is not Docks, Wharves,

known whether the raiders possess Godowns, &c. 454any special knowledge, but they H. K. K. Wharves 5 180

seem to be operating with some H. K. & W. Docks... confidence. The stock

China Providents (old) (4.80

(new) quietly steady throughout the day. Hongkew................

Sales

The rest of the market was!

Intern #20 5^11°

Undivided Profits U.S.$205,444,512

kipaking #3) 10 10

Des

Branches in

་་

SINGAPORE.

ARGENTINE

LONDON

SITIAWAN

BELGIUM

·MEXICO

Douglases

26

SONIANA VA

BRAZIL

PANAMA

2

TAIPING

"EXTRIN

CHILE

KABACHI

TONGKAH (Bot

CHINA

PHILIPPINE

KLANG

TSINGTAO

COLUMBIA

TOKOHAMA

KUALA LUMPUR

ZARQUANDA

CUBA

PORTO RICO!

[000 shares.

The Bank will have connections H. K. Steamboat ..$392: throughout the world and is part-Indo-China (Pref.) ..§ cularly anxious to encourage Chin-

(Del.) ese Industrial development..

KAB

1

DOMINICAN

STRAITS

Foreign

Exchange

and

General

List To-day'ı

Shells Bearer Union. Waterboats

REPUBLIC

SETTLEMENTS

"

Price

Price

INDIA

URUGUAY

Mining

VENEZUELA

Air Reduction .......

68.44

694

Benguets

JBL

Allied Chemical & ̈Dye 301⁄4 ̧

824

*

Commercial and Travellers' Letters American Can

57

56

A. H. FERGUSON,

Hong Kong, 8th July, 1932.

Manager.

&

Manager

of Credits. Travellers' Cheques, Billa American Telegraph &· of Exchange and Cable Transforu

Telephone....... .1146 |bought and sold. Current accounts American Tobacco "B" 79

and Savings Bank accounts, opened and Anaconda Copper Min Fixed Deposits in local and foreign

∙ing currencies taken at rates that may be Auburn ascertained on application to the Bank. Borden Company We are also able to offer our Cus Canadian Pacific tomer the services of the Branches Consolidated Gas of of the International Banking Corpora-

New York tion in Spain and also of The National Drugs, Inc. City Bank of New York (France). S.A.. in Paris and Nice.

R. M. MCLAY,

Hong Kong. August 12, 1932.

yeater-Langkan “The

115 80

day:

10

seciline, of course

far your t

(95,6 Intuar *** $ Út

is

41504

12:30 Times #ant Pendi

14

13144

81%

62%

June 8,32

304

29

16%

80

€1%

45.74

**

Mar. 10, 33

-

Du Pont de Nemours 30

39

Eastman Kodak

55

68

closed South Ca Motors (A)'

PALL

General Electric

20%

21

† Pes

General Foods.

30%

29/

steadier, however.

4.90

A

Cow" ((18) conte ne akt

General Motors

15%

International Harvester 29 1⁄4

15% 80

$9.

2,30

218

centeng new 1931

1 taking Tifera

May 12, 32

Mar, 24, 33

International Tel.

N. Engineering 1b.

02 Deu:

1. Tel.

28-to

Mar. 8, 32

12

12.

Providents (Old), $4.90.

Shanghai Ducks g

Ape

| Liggett & Myers. "B" 81%

Loew's Inc.

33

ės..

5 sourkseny.

July 30, 32

H.K. Hotels (Old), $10.40.-

34%

Pacific Gas & Electric 31 Pennsylvania Railway 10 Radio Corporation.... Sears Roebuck Standard Oil Co. of

New Jersey.... Socony-Vacuum Corp. Union Carbide

Carbon

821⁄4

Hong Kong Realties. $94.

Lands, Hotels &

Buildings.

2114

China Lights (Old), $16/16.30.

9%

10%

Hong Kong Electrics, $741⁄2.

H. K. & S.. His. (old) $20,80)

(New) S

10.802.10

10

etxolis, or knew) or i

Mar. 18, 33

23

23%

Telephones (P.F.), $224.

H. K. Landı...........................$

10.40

Interim $11

Aug. 12, 32

344

**

Hong Kong Ropes, $12.15.

Shanghai Lands...Th.

21

Interim Th Can (982

July 30, 32

11%

11

H.K. Amusements, $19.

Metropolitan Lands Ika. Humphreys

10

Sep. Trour Led St

(Oct. 28, 31

Dould

Tai dante dis now!

...

Feb. 29. 32

26%

28%

Dec. | Pin.3 sormak d cis, for leti, Mar. 2, 32

79

80%

46%

413%

Deo.

28

100

Fab.

FPincel #8 making §-

July 19, 34

(11.40

KOWLOON

KUALA LUMPUR

THING1A0 YOKOHAMA

Current Abraunts openst in Local Currency and Pized Depoutin seiveld for one year of alwirter periods in Loeil Cuerones and arling on terms which will quoted on oppstion. Hong Kong, th April, 1ưa,

HONG KONG SAVINGS BANK.

..

tas Brains of the abory Reas is conduskod

BUNG KONG AND SHANGHAL SAXX.. Ruime may be shinland. DEPOBATION.

LAU

- 4ppilaskom.

FUERUZONG AND BANGBAL ANKING OGPORATION.

3. M. GRATSURN,

Urial Heangai.

H. Kong, 27th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office Hong Kong-

Authorland Capital (II.X. Currency}...$11,000,000

Fold-Up. Capital' meng

Amazra Yund: .............inc.

BRANCHES

Canton, Shangbel, Hankow,

$1,645,000 1,100,000

Ewelow

Bangkok, New York and haz Francur,

LONDON BANKERS —

The Lloyd's Bank, Limited.

CORRESPONDENTS

all principal disc of the World.

Forsign exchange and banking buslans of

serpiloa "tracted.

Bals Depot Bose (various sisma), at @ yourly «

eenial of Trora $5 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國

Reorganised October 26, 1928, ander:

special charter of The National Gov- arament as an

INTERNATIONAL EXCHANGE

- BANK.

Beds Subscribed Capital

Paid-up Capital

Beserve Funds

.$25,000,000.00

$24,7,100,00 $8,920.03.82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches ini China and large connections in the Im-- portant commercial centres of the world, we are able to extend to our clients special facilities for domestic and, foreign, banking and exchanger.

We also handle the issue of Bonds sad other Public Funds of the Chin- 60 Government both at home and abroad.

SHOU J. CHEN,

o Manager. Hong Kong, 6th March 1981.

| 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. G

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRALING SOCIETI,

BANKERS,

Katabibbed 1824.

Bang Long Offoes--il, Quera's Road. Central,

Authorized Capital Paid-Up Capital

1,160,000,000 | .1..80,080,000

Reserves

.1.* 20,015,000

Band Don -AMSTERDAM".

Enture Hand 085061—BATAVIA.

Branches :---Dandjormada, Bandowng",

Calcutie, Cheribon, Djember.

Bombay Djok

THE BANK OF KWANGSI. (Hong Kong Branch.)

Opening on September: 6, 1932. Authorised Capital...$10,000,000 Paid-up Capital....... 3,500,000 HEAD OFFICE: Nanning, Kwangsi. BRANCHES:

Branches and Agencies in the principal cities of the Kwangsi Province and Correspondents all over the world.

HONG KONG BRANCH: Gloucester Building, lat floor. Des Voeux Road, Central.

Banking Business of every des [cription transacted.

Cable and Radio Address No. 2306.

Telephones: Manager 80112, Business 30113, Enquiry" 30114.

PAK TSE-KUN,

Manager.

· CHANG CHAO-TANG,

Sub-Manager. Hong Kong, September 1, 1932,

Union Pacific United States Steel Westinghouse E. & M.

EXCHANGES.

TO-DAY'S QUOTATIONS. On Londerf

Bank, wire

∙1/4%.

Bank, on demand.... 1/4%. Bank, 4 months sight 1/4% Credits, - 4

months'

sight

1/5

Un Paris On demand

595

Credits, 4 months'

sight.

685

On Berlin".

On demand

Nom

On New York

Jakarta, The Hague Jial, KoTHE BANK OF TAIWAN, LTD. On demand

"Makassar," Modas, Palembang. Paka Songan, Pinang, Rangoon, Bocioeduca*, Bemarang", Shanghai, Singapon, Boven- bele, Boerakarta (Sala), Tagui, Tjdesjug and Weltevredea",

¿ Those offices have Sale Deposit. Bazen to Let

LONDON BANKERS —

NATIONAL PROVINCIAL BANK LID.'

Correspondents all over the world. Banking Bul now of every description lencsected.

4. STOKKINE

Manager.

Hong Kong, 21st June, 1932

THE

AMERICAN

EXPRESS COMPANY,

INC.

"Head Ofeasi–65; Brandw

New Yőrk

Capital

THE YOKOHAMA" SPECIE BANK, LIMITED

Burplus

Reserves

Established 1880.

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

$8,000,000.00 .U.8.$1.882,382.04. .U.S.$1,468,116.78

BRANCHES :----

Полов

Lavonne

7,800,000

Haw

Interiakou

Head Off

-YOKOHAMA

rencies at:

ewchwang New York

Felping Rangoon

Alexandri

Batavia Berlin

·Bomber:

Changchan

Daire : (Dalny

Harbin

[nkim) Rio de Janeiro.

Ban Francisco

Euania, Moura Cache)

Zurich

Branches of American Express Com pany in Principal cities of United States of America and Canada.

All Chases of Commercia Trin

Ban

"

(TAIWAN, GINKO.)

HEAD OFFICE÷-Talpek, Formosa.

Incorporated by Special Imperial Charter, 1899.

Central Bank'in Formone. Bank-Notas issued "Average sinonika 20:30a. 45,000,000

·BRANCHES AND AS ENCIES: JAPAN-Tokyo, Yokahsına, Love, «Uuska. FORMOSA-Giran, Kagi, KaraYA, Koslané, Makon. Kanto, Balnahiku, Taichu, Talas, * Takara Tamsui, Zwa, Delo, Talo. CHINA (—Shanghai, '↑ Enakow, Amoy, 7000how;

Awatow, Canton, ..........?.-

OTHERS:-Hong

28 5/16 Credits, 60 days' sight 29 8/16-

On Hambay Wire

H.K Govt. Loans, 4% Premium.

Buyers.

Union Insurances, $465. China Underwriters, $2.85. International Assurance, Ths. 4. H.K. Steamboats; $22. Union Waterboats, $202. Benguet Explorations, 20'ets. H.K. & K. Wharves, $140. H.K. & W. Docks, $244. Providents (Old); $4.80;~ Shanghai Docks; Tis. 87. H.K. Hotels (New), $10. Humphreys, $16, H.K. Realties, 39.10. Peak Trama, (New), $71⁄2... Yaumati Ferries (Old), $35. Yaumati Ferries (New), $54. Hong Kong Electrics, $74. Malabon Sugars, $26. Cements" (Combined), $18. Lane, Crawfords, $5. H.K. Amusements, $19. B.I. G. Bonds, 60 per cent. Hong Kong, Government Loans,

8% per cent. Premium.

Sellers.

China Underwriters, $2.95. Providenté (Old), $4.90.

H. K. Realier .........

21

Chinese Estates

"China Realties....1. China Debentureș....... I la.

Cotton Mills. Ewo Cottons. Shanghe Coutons...dla. Zoong Singss. Wing On Textile S'hai

Public Utilities ·

H. K. Tramways find Peak Teams (oid ...............ặ

(new) d Star Ferries Yaumati Ferrics (old) >

China Light (old)

++

(LGW) H. A. Electrica ....... Macao x Sandakan Lightsə |H. K. Tels, fully pass

China 'Buser 'kle

S'poreTractions(Ord.

>

(Pres.):

Industriais Malabon' Sugars “a

89%

On demand

89%

On Calcutta-

Wire On demand

*89%

89%

On Singapore- On demand

57%

• On Manfsi

On demande

* On Shanghai---

46%

75

UNIFORM MONETARY SYSTEM SOUGHT.

Canton Ices

Cements (cont.)

JA (old) id)

On Yokoham—

On demand

Krog, Bagspore, Borsays, Semarang Bataris, Bombay. London. Rew On demand

Tork, Dalen,

LONDON BANXERS -

Barclays Bank, Lid., Lloyds Bank, Ltd:: Midland Bant, Lid., Warminster Bank,

The Bank has Correspondents in all the priamipal Comaserofa! Dextros throughout the world. L. NAGUNA.

Hasager HONG - KONG DRANOR :"

“Ry. Das Veruca Road. Cecies),

The World's Favourite Clov

GROCK

Arrives

KLIM PUNCH

THE DRINK TO TAKE AWAY

THAT JADED FEELING

101 Sovereigns (Bank's)

buying, rate.

1/4% Silver (per oz.)..... 18.7/16 Bar Silver in Hong

Kong

Copper Cash

Copper Cents

Rate of Native In-s

terest

Cald: Macg. Ord....

$1

[ Pref...13...

British Bankers Urge H. K. Ropes

For Action.

China Agriculturals Ma

Stores, &c ¿British, bankers who are figuring Dairy Farm in the value of the pound sterling in Wan (pid). terms of foreign currencies since Britain'suspended the gold standard Der & Wings last September look anxiously to the Lane Crawlords

Mackintosh Imperial Economic Conference af Ottawa to work out a uniform 'em-

Sinceres pire.monetary system,

Wm. Powells

Wing On Textile H.K.S Miscellaneou

Nominal Nominal 19% prem

62% pa. Chinese Sub. Coin *. 80% dia, Hong Kong Sub Cola Par.

LONDON" EXCHANGES.

Not only has the pound sterling London, Yesterday,

fluctuated with respect to foreign 88 7/16-

currencies, but it also has fluctuat- ed in relation to most of the cur 8.464

·8.86742

rencies of empire countries, with 25

the notable exceptions of the United Theatre 1 Macao "Oreyhounds"! Saorstat pound of the Irish Free Constructions (old)*** 17.90 14 19/32 State and the rape of India, Cey-| 8.62. Zanzibar, and Mauritius.

Paris

New Montreal Brussels

Genera Berlin

Amsterd ∙Milar

Cope

19.47%

19,95

29 Nom

$117

28214

48. 1/16

110

1560

H. K. Amusements.§ Ch. Entertainment 8. C Enterprises

B. Ind. GS Bonde" South Africa is practically the HK. Gort Loans only empire country which definita Wallace Harpers de Byerstained the gold standard; even China Sports Lid. to the extent of changing the name of the South African pound to the

* 14.10.

[Ự Laiton ÉS 1.

t

| Apr

a. T. 2-81 for mit yung magag | Oct 11.10 AM Forrest Bid] 5140

May

91.10.1.200

Interns ut,

16

$1 on alit

1952 fur your

[Apr

[Dec.

Aug. 15, 2

June 4, 27

hornet

$1.7 - 1575

Fib. 11, 32

l'Ape: 27, 32

Des

16.10ha

16.16,180

Sepe

Dea $ for 1921

tune

HT

ETUDE

FORTUNE TELLER

VANISHES!

With Landlord's

Fortun

The Intaris 3

128

110

r.00 for

1/4 as prateran's t

₤14) Sept

Dec.} Pr 130 yr 1996,

July

20 vocis for year 31-7-81...

f45 cunts an utdi

101

Dec.

1€40#niaz) [@w. In 1901

1,75 for 1501

on old JULY 27-21482

Feb.

|1'making Precall) 294-85

Feb.

ĮDOMU. ↑ for year

Feb.

Dimaking isimli mi-a

boda lucie, į fur g

Fab.

$400 for year 3-

Mar.

[Dea

Dea.

Dea.!

Dec,

|; 4) cante un akıl

(1.70 · Den. ]:114 canta on www

22.90 Jan:01

Looshot for his com For these reas iris: home here, and landlord weepw Not long ago

¡Apr.

་བ་ ན་པ་ཉ་

4321

Hour Kons

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