BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Aniborand Capital
SHAUNTY DUELQUES EL 8:10,000,000 20,000,000. Immund and Fully Pald-up
Beer Funda
Sterling ............$,500,000 Silver
$10,000,000
Borra Libility of Proprietats ............ $90,000,000
THE CHARTERED BANK OF
· INDIA, AUSTRALIA & CHINA.
"
THE HO HONG BANK, LTD.
(Established 1917), VAL
HEAD OFFICE:SINGAPORE. LOCAL BRANCH:--
13. Queen's Road Central
Authorised Capital. Straits $20,000,000 Issued. Capital
8,000,000
Paid-up Capital
4,000,000
Shareholders.
- 4,000,000
Incorporated by Royal Charter, 1858. Reserve Liabilities of
BRANCHES and AGENCIES in the principal cities of the world."
Every description of Banking and £3,000,000) Exchange business transacted, £9,000,000
HEAD OFFICE: LONDON.
45
ALEAD OFFICE: HONGKONG.
Paid-up Capital Reserve Fund
BOARD OF DIRECTORS --
Reserve Liability of Pro-
- prietors
.$8,000,000
·Agencies and Branches:
ALOR STAB
AMRITSAR
KUOHIKO
MADRAS
T. H. B. Bew, Boa.
Mice. Mr. t. 3. Patience, Chairmea
T. B. Four, Zaq... ·
Deputy ChairmLD.
Max Mr. W. 1. Bell,
A. IL. Deception, Zeq,
M. T. Johnson, Zag.
10. Khkin,. Koj
•MOY
BANGKOK
BATAVIA
1. A. Plant: 204.
V. M.. Grayburn, Yog.. Chial Manager.
BRANCHES 1-
BOMBAY
CALCUTTA
CANTON CHEFOO 'COLOMBO
DLREN
РОССПОЙ HAIPHONG
HAMBURG LANKOW HARBIY
HONGKRW
COILO
ΠΡΟΣΕ
...JOHORE
OBX
HOWLOON
KUALA LUMPUR
H
LONDON
LYDNE
MALACCA
MANILA
MUAB (Johor)
MUIDEN
NEW TO..
PRIPING
PENANO
RANGOON
HAIGON
BAN FRANCISCO
BHANGHAI
SINGAPORE
HOURADATA
BUNOKI PATANI
TIENTSIN
TOKYO
ΤΕΙ ΚΟΙΛΟ
YOKOHAMA
Current Arcounts speed is Local Currency' res Fixed Deposits received for one year of shorter periode in, Local Currency and Sterling Gorm which will be quoted on applicatle Hong Long, th April, 20
HONG KONG SAVINGS. BANK.
The Beniad of the bora Bank sa condnubné y the HONG KONG AND SHANGHAI BANK- CORPORATION Rulesy be obtaineí - apressa.
YO
THE HONGKONG AND SHANGHAJ FITRO GORPORATION.
Chief Massperi,
V. M. GRATRORE, "How King, ayth February, 1932.
THE BANK OF CANTON, LTD. Established 1912.
Head Office:-Hong Kong.
Authorised Capita! (11.K. Currency) ...$11,000,000 8,064,800 1,300.000
Paid-Up Capital rea
Banners Fund zogen
BRANCHES na
Canton. Shanghai, ankow, Swalow, Bangkot, New York and Ban Francisco,
LONDON BANKERS:-
The Lloyd's Dank, Limited. CORRESPONDENTS
To all principal dilles of the World.
امروز
Forlen sinkangs and baking bicom of
are description "treasted
Sala Deposit Box (various size) ná a panely
wad of from $5 to $40,
LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA.
31 3
יד
Reorganised. October 26, 1928, under special charter of The National Gov- ernment an en
INTERNATIONAL EXCHANGE
Subscribed Capital $25,000,000.00
Paid-Up Capital
Reserve Funds
BANK.
324,7
.$ 3,826,048.82
200.00
HEAD OFFICE: SHANGHAL
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 work, we are able to extend to our clients special facilities for domestle and foreign banking and exchanges.
We also handle the issue of Bonds and other? Publie Funds of the Chin- see Government both at home, and
SHOU 3. CHEN,
Hong Kong, 5th March, 1981.
BANGKOK BATAVIA
BOMBAY CALOUTTA CANTON
CAWNPORE
CKBU
COLONDO
DILHI
MAXILA
MIEDAN
NEW YORK
PETING (Poking)
PENAND
BANGOON
SAICON
SEMARANG
SEREMBAN
SHANGHAI
KITIAWAN.
-SOURABAYA
SINGAPORE
HAIPHONG
KAMBURO RANKOW
HARBIN TONG TONG
ILOILO
TIGH
TAIPING
TIENTRIN
KARACHI
ILANG
KODE
KUALA LUMPUR
TONGKAH (Tikoshal).
TRINGTAO
YOKOHAMA
General
ZAMBUANGA
and Foreign Exchange Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for one year or shorter periods at rates which will be quated on application.
11
A. H. FERGUSON,
Manager. Hong Kong, 8th July, 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.
144-150, Des Voeux Rd. C.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
ĮNETUERLANDS TRADING SOCIETY;
BANKERS.
Established 1824,
Hang Long Office:-II; Quesa's Road Central
KO LEONG HOE, Managing Director.
THE CHINA MAIL
Commerce and
Finance
IMPROVED POSITION
IN AUSTRALIA
THE BANK OF TAIWAN, LTD. ECONOMIC
(TAIWAN GINKO.)
HEAD OFFICE: Taipeh, Formosa.
Incorporated by Special Imperial Charter, 1899.
·Central Bank-in Fariowa.
Bank-Nober (nroed· Average: amosni „Ten. 18,000,000
BRANCHES AND AGENCIES:
·JAPAN ¡—Tokyo, 'Yokohama, Babe, Osaka, FORKOJA :-QU
Engl. Ezrenku, Kalung, Makong, Manto, Shinobiku, Taichu, Tainan,
Takeo, Tarul. Toen. Telio, Tulko
Below, Canion OTHERS Kong. Bingapore, Boerabaya,
CHINA-Sheng Hankow Amsay, Foochow
Semarang, Batavia, Bomber, London, New
York... Dire
LONDON BANKERA : Barclays Bank, 'Ltd., Lloydı hak, Ltd Midland Bank Ltd., Westminster Bank, Lid
The Bank hes Correspondusse in all the printpat Commerpal Centres broughout the world. I. NAGEBA
... Manage HONG KHO KHANGE:
Das Taus Road Central Hang Kosa. Danember 24, 1981.
*
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE:
15. Gros-karch: Strat, Londen, LEJ.
Authorised Capital ...:£3,000,000 Subscribed Capital-... 1,800,000 1,050,000 Paid-up Capital Reserve Fund. & Rest. 1,217,927"
BANKERS: -7be.Bank of England & Midland Bank, Ltd. BRANCHLER
Bangkok Batsvin
Ipoh
Penaft-3!
Handy
Port Louis
Bombay
Karacki
Catentle
Kota Bharu.
Colombo
Kuala Liple
Допрост Stacebal
Delhi-
Kuala Lumpur..
.
Galle
Bon Road Kowl
علمية
Kuantan (Pabang), Singapore Madras
Now Tock" 41
· Beursbaya -
HONG KONG BRANCH,
Every description of Banking and Exchange bush
seas transacted,
·Travellera Dhaquae. Lasured, 2.
Trustee and Executorships under- taken.
on appilation.
RESTORATION
ON THE WAY
SATURDAY, SEPTEMBER 17, 1932.
HONG KONG STOCK EXCHANGE.
Opening Daily Official Quotations, Sept. 17, 1932. Nest Settlement Day, Tuesday, September 27th, 1932
STOCK
Bay-Selt
Sales Nomta.
Banks
Hoog Kong Band $ 182G
(Lo Bag.)---£
Chartered Bank, w Mercandle #k, AMBI £
19
Last dividend and when paid
Dea
· Una, | ƒ Plan) 8% lom L/Tax
mazing 13% for 1981/an
Bank of East Asia...5
100
Amer, O.Fin Corp.M$ Ch. Fin. Cor. Ord. Th.
Insurances
・Doc. B for ... Dec.
Interim #3 @_1}BA=057,90 |
nhà 19
Aug. ∙Dec: Int, 71⁄2 Sub to 1/Tax ads: 1908 Sept.
Mar.
Mar. 31,
4.60
Canton 104. Union Ins. * China Underwriters,
FURTHER NECESSARY ADJUSTMENTS Chin Pirene
יון
"That we have made
1410 Doodam. Sifor 179][«g May 19, 31.
Tatarin Bike 1981)
Dec. 164 for TRP) 2.
| {intarina 36/- A/t 1901)
497
May 27. 33
| Deo. Nune (
690
Dea.
and $1 for 1981!)
· 1
Etolerim #3: 1981)
May
H. K. Fire Ins
11300 | Deo
$50 an bon
substantial beginning in the direction international Assos. Tit.ji
1 making 911 for 1980
32 Mar. 30,
Dea
Shipping
18
DeO. LAND (Hvifend for
H. K. Samboats $
Doo.Lt diri-ient for 1989
Pen|1. für 13234 Anil 1985)
199
168/9
Dec
of economic restoration is evident, and so far as that goes it is satisfactory. We may be said to have turned the corner, and com-
Douglass quamu
H
menced to tread what we may expect to be a rough and stony path indo-China (Prel.) ...$
(Del.) of reformation. If, as we trust, Australia is prepared to go on
Shells Bearer{+ along this necessary road, it must be realised that there will be Union Waterboats many diffienities to overcome, many things to be done, and many Mining
Benguets 17 sacrifices to be made. And we may as well recognise that we shall assuredly not accomplish our salvation by the use of artifice in any Kailan Mining Ad. si- form, or by resort to any financial nostrums promising an easy Langkat...... way out of our difficulties."
S'hai Exploration.....T.
LALDE
18
;:;;
a[v
The above paragraph, extracted, podients, the effects of which would Raube from the chairman's address at the be uncertain both in incidence and Venezuela Gold Ficks $ 1.90
Benguet Explorations $ annual meeting of the National lasting effect.
Bank of Austrainsia, Ltd., held on The thought that arbitrary fixa- Docks," Wharven,
Godowns, &c. May 25, applies as fully to present tion of exchange rates could per- conditions as to those ruling at the manently improve the lot of primary H. K. * K. Wharves $ time it was spoken. The desire for producers is not justified by the ex-H, K. & w. Docks... an easy way out of the difficulties perience gathered in other countries South Ch. Motors (A) 5
("B") which have followed the fall in (states the monthly summary of
(new) $ prices of primary products and the the National Bank of Australasia).China Providenu (old) 1 closing of overseas lending markets Exchange rates, in the long run, Hongcw...... to the Australian Governments con- are determined by interaction of de- N. Engineering ...The. tinues to dominate many minds, and mand upon supplies. It would be shanghai Docks. there is still strong expectation in indeed serious, if this country were many quarters that we may obtain relying upon a high exchange pre- lasting relief from our paesent mium on its export bills, and sud H. K. & S. Hils, (old) $ 11.30
some manipulation of denly found that the risks, or the currency or by control of marketing, costs of maintaining the rate were H. K. Landa
troubles by
.Tla.
Lands, Hotels &
Building...
P (New) $ or by arbitrary axation of London found excessive by the controlling shanghai Lands ...The. authority, and the rate came tum Metropolitan Lands Tha. exchange rates.
Humphreys ........ INTEREST allowed' on Current Account and When in May of last year the bling down. Ploed Deposits at Raise that may, ha samtained Committee” of Economista and It may be thought that too great H. K. Realdes ........
Under-Treasurers advanced the sug-emphasis has been placed upon the Axis Realtics "A"...ME Manag-gestions for reaching budgetary need for reductions in government
"
J. B. ROSS,
Hong Kong, 7th April, 1932.
7. Queruền, Bosé Central,
MANCHESTER WEEKLY
MARKET REPORT. -
Authorized Capital f. 158,000,000 There have been further advan Paid-Up Capital .1. 80,030,000 Reserves
1.20,016,000 ces all round in values during this last week, and the general position Easter Head Office:-BATAVIA. has been very firm. At a time like
Hand Offer, «AMSTERDAM",
Bandang
"B"...ME
Th
China Debentures.......TU.
equilibrium in Australia," upon expenditure, but it should be re- Chinese Estries which the Premiers economy plan membered that the efforts made to China Reales. was based, they did not expect that lessen outgoings, other than the per prices would fetract further, or that centage cuts, are far from being in European conditions would show keeping with the marked decline in Ewo Cotons.....Th. 18] "
further and severe deterioration. the national income, and that in all The various adjustments made recent discussions the emphasis is under the Premiers economy plan being made on how large an amount were undoubtedly substantial, and can be borrowed, rather than on they went far in the right direction how much could be saved. toward overcoming the difficulties It is possible that due to the change in economic con- (a) the efforts now being made in the U.S.A. to stimulate indus ditions. They constitute a greater national effort toward readjustment than has been recorded in any other
Cottam Mills.
Shanghai Cottons ... Th
.Th. Zoong Sings...... Wing On Textile Sh$ 250
Public Utilitiwa
H. K. Tramways ..........
Peak Trams (old
(new)
Star Ferries
try by Reserve Bank opers Yauma Ferries (old) - tions.
Benacher-Bandjarmasin,.
Bombay, the moment there are always some land at any time as a voluntary con- (b) the encouragement which the chins Light (old) Calcutie Cheribos, Djember, Dja
starts The Hague Basah, Kab, pessimists who cannot believe that tribution toward the restoration of
Mukamar. Madan, Palembang, Pek
kongan, "Panatie, Bangoon. Botterdam
Semarang, Mangial, Bingapors,”Bowes-
and Waltavesden",
balry Eoerakarta (Solo), Tegal,
*These flom bara Sale Deposit Boxes to Let
LONDON BANKERS:—
any rise in prices is justified, but stability, and it was hoped that, the fact remains that the new crop when full effect was given to the in America has been estimated at provisions of the plan, a solid (c) roughly 1,000,000 sales less than fundation upon which business could expected, and it is a decided pro- be restored to a pre-depression level bability that world consumption of activity would be reached. during the next twelve months will It is now plain that further: ad-
Ex-justments are necessary in Austra (d) perta are freely of the opinion that lla, though not of the general per- with the present adverse effect of centage reduction class made under, the boll weevil upon the plants, the the Premiers plan. What is needed estimated crop on September 8th now is a more intimate adjustment (e) will be even further reduced. Thers of the relations between individuals are still difficulties to be settled and sections lessening costs, in- AMERICAN EXPRESS COMPANY, between operatives and the em-creasing efficiency, removing restric
NATIONAL PROVINCIAL BANK LID.
Compondanse all over the world. Banking Bulbe greater than production. Den of every dasodplion transnoted.
4. STOKKINE
Масари. Hong Kong, 21st June, 1982.
THE
INC..
Manager.
Capital Surplus. Reserve
BRANCHES:
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880.
Capital (fully paid-up) Yes 100,000,000
Zen 117. Meserve Fund
Head Offe
HAMA
0,000
Fordeelem
Liverpool
'(new).
Macao " ง
fall In interest rates in the United Kingdom gives to busi H. K. Electrics ness enterprise,
(new)
the larger confidence. which the Sandakan Lights ..... announcement of the conversion H. K. Tei, fully paid $ #1 part paid $ of the 5 per cent. British War
China Buses i Loan into a 8 per cent.
S'poreTraction(Ord.)/ security has crested,
the improvement in the Euro- pean situation which, it is hoped, will follow the Lausanne
(Pref.)}-
Industrials
Malabon Sugars Celd Macg. Ord...
Pret.. Canton - Ices
Conference. better marketing facilities and increased exchange of goods Coments (com,) within the Empire as an out-
(old) come of the Ottawa Conference,
seins hides, and
the
ployers in Lancashire" as regarda tions and hindrances to trade, and, may lead to improvement in the H. K. Ropes the wage trouble, but it is felt that in a general way, obtaining prices of Australia's main exports Chine Agric adme arrangement will be arrived, lanced on condition of production, foodstuffs, wool, atspin order to avoid as weneral trade and governmental revenue and metal strike. There has been more buil expenditure, based upon the actual though prices
lavely woul ness done this laas week or so than facts of industry and commerce, pre-depression
Sher .U.8.$8,000,000.00, for some time past, and operatora. The failure of the recently de tramaly help
this country.to: .U.S.$1,882,882.06 who preferred to hold off in the ex-feated Government in New South .U.9.$1,458,116,78 pectation of a speedy return to the Wales to adjust its finances in keep complete its adjustments
previous pricas, are now finding it ing with the provisions of the Pre market hardship or dimculty, Fall difficult to cover their require: miers' plan, or to provide for reducing higher prices, and it appears ments Mail news from India histion in wage rates, as determined by unwise at present to depend upon been rather more encouraging, and State tribunala, has adversely sect any definite, upward moves
few transactions are reported in ad the operation of the plan. It has ing place, our internal adjustment H. Dhooties for Calcutta Of the definitely extended the time required must be hastened, even though, other outlets, Bombag continues to by the Australian Gove
be very quiet, although the upcoun- reach a balanced buda
interest and has 'can
try markets have shown
in dyed and printed:
the time being, the general depres-
alon in trada and industry might Intensifed.
55,
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*
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|·1 free Tax (ut 1951
Trenta for 10$komen
malcontavate
the year a
{June 19, 29
July ·6, 33
***Mar. 30, 32
[18/0 |Juno| 134% (re_I/TAX Open d Oot. T. nu fyr-1
12.10 C. Nune
Mar: Second Int. 4- year Bi-3-35° June
June 30, May, 3.
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Mar. 1,32 July 30,37
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110 Sap. 7. your De $1 Oct. 28, 33 16 ·1oo. fet, um si
for 10:31 Feb. 29. 31
*** Tiac. Fin. Sreta mak, dreta, for 1983 Mar, 2, 33
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July 19,
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[Apr. 27,
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|Aug. 5, ya
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