BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Auktorised Captiak spoonminnnnn. 188,000,000 Immo sad Filly Paldap mú

30.000.000. Der Funds

Bierling..... 8.500.000

Bilzer

$10,000,000

More Liability of Proprietors..$30,000,000.

HEAD OFFICE? KONGLONG.

BOARD OF DIRECTORS—

10. M. 3. 7. Rutacion..

Chairman

T. R. Feuros. Reg. Deputy Chalzzz,

Man. Mr. W. Bally. 2. H. Compton, Eaq

4.2. Joasson, Esq.

3.X

BANGKOK

BATAVIA

BOMBAY JALOUTTA UANTON

THE FOO

DATHEN

#CHOW

RATPRAKA

KINKOW

HARBIN

JUNGLEW

ILOILO

AUTORE

KOBE

KOWLOON

"

J. A. Plumcose. But, T. H. B Kaw, Kog

J. P. Warsa, Tig.

7. M. Grazburo. Essi Chin Maungue.

BANCIES.

«CALA LUMPUR

"LAJNDON

LIONS

NALACOA

MANILA

MUAB (Jokoen,

MUIDEN

NEW TORK

TEIPING

PEXANO

BANGDON

BAMON

SAN FRANCISCO

BRANGHAI

SINGAPOBZ

KUGRABAYA

.. SUNOEL PATANI

TIENT IS

TOKYO

THINGTAG

TOKOHAMA

Current Accounia, opened in Local Currency d. Pisid Deposits received for one year kore perioda In Lors Currency and Alling alore which will be quoted on appliation. Hong Kong, Bib Apr 19

HONG KONG SAVINGS BANK.

The Best of the shores Bank is eade by the HONG KONG AND CHANCHAT TANK

·ING CORPORATION, Bu may be abvoľnos

FOR THE HOBOXONG AND SHANAHITA, BARKING CORPORATION.

V. GRATBGEN,

Ke

Hong Kong, 27th February, 1933.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

THE HO HONG BANK, LTD.

(Established, 1017.)

HEAD OFFICE:-SINGAPORE. LOCAL BRANCH:-4

13, Queen's Road Central

Authorised, Capital Stealta $20,000,000 Issued Capital

Paldap Capital

Reserve Liabilities of

Shareholders.

8,000,000

4,000,000

THE CHINA

AVAIL.

and

Commerce

Finance

4,000,000 ECONOMIC POSITION

BRANCHES and AGENCIES in the principal cities of the world.

HEAD OFFICE: LONDON.

Paid-up Capital Reserve. Fund

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

OHUA KEH HAI

Reserve Llability

of Pro-

Manager

prietors

£3,000,000

Agencia and Branches:

ALON STAR

AKRITBAN

BANGION BATAVIA, DOMBAY

· CALCUTTA

CANTON CAWNPORE C. BJ

COLOMBO

DELUL

HAIPHONG HAMBURG

HANKOW

HADBIN:

TÔNG TON

TAILO

INDIE

KARACHI

KLANO

KOBR

KUALA LUMPUR

XUCHING",

MADRAS

MANILA

V MEDAN

KEW YORK

FEIFING (Fuking):

PENANG

RAKOOOK SAIOON BEYABANG SKIEM DAN

BILA NOMAL

SINGAPORE SITIAWAN SOURABAYA

TAIPING

TIENTHIN

TONOKAH (Phokat?

TAIMOTÃO

YOKOHAMA

ZAMBOANGA

and

General

Foreign: Exchange Banking business transacted.

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

Minager.

A. H. FERGUSON, Hong Kong, 8th July, 1932.

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

HEAD OFFICE:-Taipeh, FormOGU. Incorporated by Special Imperial Charter, 1899.

Central Bank in Foresown. Back Notes Insive Average amount...Ten. 45.000,0

BRANCHER AND AGENCIES:

JAPAN Tokyo, Yokohatua, Kobe, Osaka. FORMOSA ban. Kazi Kamako, Kealuna.

Makang. Nanto, Shinchiku, Tahu', Purumo, | 4. Takao. Tamani, Torn, Telte, T CHINA-Bhahal, Bankow, "Amos. Poochow

Swatow, Čunion,

THE BANK OF CANTON, LTD. OTHERS-Hong Kong, Singapore Hostabaya,

Established 1912.

Head Office:—Hong Kong.

Authorized Capital (K.X."Ourrenty}

This Sip Caplied menge

Beserve Fanaga

BRANCHES-

Semarang, Velaria, Bombay, London, New York, Detra

LONDON BANKERS,

IMPROVING.

Encouraging Reports

From Europe.

EXCHANGES.

TO-DAY'S QUOTATIONS.

12

On London-n Bank, wire

SATURDAY, OCTOBER 22, 1932.

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, Oct. 22, 1932. Next Settlement Day, Tuesday, October agth 1932.

Buy-Sell Salon Nom

STOCK

Banka

Hong Kong Bank

M. (Lon, Reg.).... Chartered. Bank ...Ĺ Mercanile Bk., AMB L

C

ere

+

* 1

JULF

Last dividend and when paid

100

Deo,Interim as 'tai-1750; Aug. 5, 34

Decat,

Sept. 31 -

Bub.to L/Tax 103 Sept. 31 Deo. Interim 12; las xj | Deo. f. 83. for Ivideomaa-sania

sa Dec.

Mar. 31, 33

1/3%

Bank of East Asia ...S Amer, O. Fin, Corp.MS

114

1/3%

Ch. Fla. Cor. Ord, Tia.

14

Pref.... Tia..

市面

K

4.60

.... 1878 Deo.

Dec.

It is becoming increasingly avi Bank, on demand THE NATIONAL COMMERCIAL & dent that the recovery from the Bank, 4 months sight 1/4

Credits, 4 months" SAVINGS BANK, LTD.

sight Established 1921.

Authorized Capital ...$ 5,000,000 2,574,100 210,000

Paid-up Capital

Reserve Fund Total Resources

..$18,500,000

READ OFFICE: 144-150. Des Voeux Road, Centrál, BRANCHES: Canton, Shanghai, Tientsin. Hankow

Domestic Correspondents at all prin- cipal Cities in China.

FOREIGN BANKERS: London: Midland Bank, Ltd. New York: Irving Trust Co. San Francisco: Wells Fargo & Union Trust Co.

Bank, Ltd.

transacted.

To attribute the pronounced rise Credits, 60 days' sight-23% in prices of both securities and On Bombay, commodities to political manoeuvres Wire

Bank is not altogether correct. If states- On demand

Insurancea

{Cantón Ins. ...............

Union ins.. ..*****

China Underwriters...$ gą

China Fire Ins, mas

Douglases

Union Waterboeta ... [30]

Benguet

Mining

⠀⠀14.

8ཨྰཿ། ན ིི་ཚོ་༞ ིི་་མཎ།... ཝཱཛྫི བྲཱནྣིསྶཱ' །

tri

FIL

#

depths of depression has begun. Reports from certain branches of

On Paris- the economic structure of Europe and America are indicative of a On demand distinct tendency, to improvement, Credits, 4. months"

sight even though the average investor is not as yet in a position accurately On Berlin- to diagnose the change which is

On demand taking place. He will require more concrete proof that the tide has turned, writes Dr. Max Winkler.

1/4

570

610

H. X. Fire Ins. ......$'

International Asse. Tis. j.15.

145

Nom

Shipping

On New York............ On demand

48

224

H. K. Steamboats and Indo Chinh (Pred.)

(Del.) ...

87

Shells (Bearer) ods{2}

87%

On Calcutta-

Wire.

87%

Kailan Mining Ad. #/-

56%

On Manila-

| S'hal_Exploracion..Tia. Loans.......The.

I

45 75%

On Yakoḥam §----

96

(Back's

1/4%

·173⁄4

1 Kong

Copper Cash Copper Cents

Nominal "Nominal

1% pram.

Rate of Native in-

terest

82% pa.

29% dis.

·

men. politicians or even financiers Singapore: Chinese Commercial had been able to control the situa FOREIGN EXCHANGE & BANK-tion, they would never have ber- ING BUSINESS of every description/mitted the crisis to assume the dis- On demand

couraging aspect which it did AR- Da Singapore Current and Savings Accounts open-sume.

On demand ed and Fixed Deposits received" on

While it is true that the situation; terms which will be quoted or applica has been assisted greatly by the

various measures evolved it should On demand of gloom and destruction had grad also be remembered that the forces On demand

tion,

to: $22.50.

SAFE DEPOSIT BOXES to let at a yearly rental from $8.00

WONG KWOK-SHUEN. ually spent themselves. Those who On demand Chlef Manager. view with misgivings the advance | Sovereigus"

because of the rapidity with which'. 'buying rate) it came should bear in mini that Silver (per oz.) the decline, too, had been most spec Bar Silver in Hong tacular-NA.N.A.

THE MERCANTILE BANK OF

INDIA, LTD..

HEAD OFFICE:

15. Gessobarth Strast, Landwa. P.09.

Authorised Capital....£3,000,000 Subscribed Capital..... 1,800,000 1,050,000 Paid-up Capital ... Reserve Fund & Rest, 1,217,927

BANKERS The Bank of England & Midland Bank, L>f. BLANCHES: Bangkok

pob

+]

Barclay Beat, Ltd, Lloyds Bank, Lid. Midland Bank, Lid., Weciminater Bank, Ltd.

Ponarz

#11,000,000

8,800,000 1,100,000

The Bank his Cerespondente in all the principal Commercial Centre throughout 'the world. E. NAQURL,

Randy

Fork Lela

Bombay

Karachi

Calvolta

Kota Bharu

Manager

Colorabo

Kuala Lipis

BONO KONU BRANCH:

Swrstow,

5. Des Vaux Road Central Hong Kong. December 14, 1981.

Sheil

Calle

Conlon, Bhangal, 'Hankow, Bangkok, New York and San Francisco,

LONDON BANKIERS:-

The Boyd's Bank, Limited.

CORRESPONDENTH

Jagali principal oitlas of the Timeld,

Foreign archange and banking business of

argy description, transacted.

Sila. Dapandi Bates (various altos); at a yearly- rental of "from 85 10 340,

+

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

Beorganised October 26, 1928, under special charter of The National Gov.

rnment as RD

INTERNATIONAL EXCHANGE

BANK,

...$25,000,000.00 $24.7 100.00

Subscribed Capita

Paid-Up Capital

Reserve Funds

.$ 1,820.003.82

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 special facilities for domestic

and foreign banking and exchange.

We also handle the issue of Bonds

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.

NETHERLANDS TRADING SOCIETY)

BANKERS.

H

Established 1824

Hong Kong Of:-11, Queen's Road Central.

Anthorized Capital Paid-up Capital Reserves

Hong Kook Howrsh

Euala Lumpur

[Maurici Range

Shangbal Simla Xuanian (Pabang! Staysporu

Somboys Madras

New York

HONG KONG BRANCH,

Every description of Banking and Exchange must

ames' tramutated,

Travellere Chaques issued:

Trustee and Executorships under

taket.

INTEREST" Mlowed on Current. Antoutts and

'on application.

Fixed Deposits at Rates that may be souriained

J. B. ROSS,

Manage:. 7. Quaan's Bond Central.

Hong Kong, 7th April, 1982.

....f. 150,000,000

1. B0,030,000

1. 20,015,000

AMSTERDAM"..

AN INTRODUCTORY HISTORY by

A, H. CROOK, O.B.E., M.A.

Head Of

Eastern Head Offi:—BATAVIA..

Branches --Bandjarmaalus, Dandong", Bombay

Caloutte, Chariton, Djamber, Djski jabarte: The Hague Fiddah. Sebe W. L. HANDYSIDE, M.A., B.Sc.

Makasar, Medan,

Falembang,PAZA

loogan, Panang, Bangoon, Botterdam": Bamamang", Bhanghai,” Singapore, Boers. bar, Boerakarta. (Solo), Tegal, Tjilatjap and Wcarredan","

• The Alone have Saša Deposit Boxes to Let

LONDON DANKERS:

NATIONAL FROVINCIAL BANK LID. |

Correspondente, all over the world, Beaking Buals. nam af avery, description, transacted.

Manage

A.. STOXXIX.

Hong Kong, Mist June, 1932.

THE

ad other Public Funds of the Chin. AMERICAN EXPRESS COMPANY,

sse Government both at home and abroad.

Hong Kong 5th March, 1981,

INC.

Head Office-66, Broadway....

SHOU J. CHEN,

Manager.

New York

Capital

Surplus

Roserva

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

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

*.1.8.$8,000,000.00 .U.S.$1,837.832.04* .U.S.$1,458,116.78

BRANCHES

Glee.

.Yen 117,800,000 Beele

'Eampurg

Parla

Londen

Palerme Bottariam Back

Head Office:~YOKOHAMA.

Branches and Agenciós at; Alexandria 4

Batavia

Berlin

Booder

Calewa

Canton

Changchan

‹ Duiren (Dalny)`

Nagasaki

Nagogs

Newchwang

New York

Osaka

Parte

Pelping

Rangoon

San Francisco Seattle

Fengtion (Mukden) Rio de Janeiro

Hamburg

Hankow Harbin

Semarang Shanghai

Tokyo

Monte Carlo

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

All classes of Commercial Banking

·Transactions undertaken,

W. KAY, MA.

PRICE $1.00.

NOW ON SALE AT THE

• PUBLISHERS.

The Newspaper Enterprise Ltd.

China' Mall Officer.

WARNING TO BRITISH

EXPORTERS.

Chinese Sub. Coin

Business With Latvia Hong Kong Sub. Cain Pat.

In Spotlight.

A warning to British exporters. is contained in a report issued by the Department of Overseas Trade on economic and trade coudirons in Latvia. "A British exporter, in order to secure a sale of his goods," it is stated, "must now not only ascertain the solvency of the con- signee most important point in Latvia nowadays-but also ascer tain whether that consignee has: secured a licence for the importa- tion of the goods ordered and a per- mit to pay for them when receiv ed."

..

"Business with Latvia." the. re- port adds, "must necessarily entail risks for foreign firms who are un- aware of "the peculiar trading, methods of the country. It should

be remembered that an excess of middlemen, the grant of liberal credit even to small and newly established merchants,

together

with the existence of a number of agenta of mediocre standing, are factors which make it essential for United Kingdom exporters to in stitute most careful inquiries re garding the solvency of customers if bad debts are to be avoided. Litigation la lengthy and costly."

ANNOUNCING

LONDON EXCHANGES,

86 9/32 3.39%

London, Yesterday.

Paris

New York

Montreal

Brussels

Genéva

Milan Berlin

Athens

Langkan (Single)... Tia.

Ranbi

Venezuela Gold Ficide $ 3.80

Benguet Explorations $ 17ote.

Docks, Wharves, Godowns, &c.

H. K. à K. Wharves $145) H, K. & W. Docks...$ South Ch. Motors (A) S

("")

124

China Providents (old) $ 4.85

(new) $ Hongkows

3.

N. Engineerings. ...Tls, Shanghai Docka ...Tlă. Landi, Hotels & Buildings.

H. K. & S. Hu. (old) $;

(New) 5

*

H. K. Lands...........57€ Shanghai Lands ... Tis Metropolitan Landı Th. Humphreys ........rizā H. R. Realtics...... Asia Realsies "A"...MS "B"...MS

1

Chines Estates........ China Resities......Th. China Debentures... Tls.

Cotton Mills.

Ewo Cottons... Tli.

Zoong Singel Wing On Textile S'hait

Public Utilities H. K. Tramways --$ 91.60

Peak Trams (old ......S

B

jast

Finston. Sålarisan

Deo. Jans

{Interim Billage Innova P#58 May 19, 32-

Final 107 for 19m7ga {Interim sa/ min 1981} *** - May #7, 32:

-5... May. 37,32

Mar, 30,

Dou. (Mina) banna #3)

2 and for 199 Timbers are 1981)

1900 Deo. mod bonus 85

Des.

1 msking 365 for 199%.................

Dec.La dividend for 1988

Doc. Int Arcšand for 1989 memen

112k OK. BH on preferred

To 1984 1988 une 19, 29

Last dividend for 19

Compor Nik 19

of free tax fur li

Deccants for 193limianamisme

Puly 6, 32. Mar. 30, H

Deco,ius. etas ay was June 30, 3 18/9 Jane tree Tax Opon 401 May 19, 39

for year

Oct. T. 460 for year 21-10-25 min. Mar, 13, 30.

Peo.

Dec.

9.10

Inc. None

"

Dec. | Final T. 1024

40

making T. 0.00) for isso.

We

Mar. Second Tat. Ré- your 31«3-83.

Feb. 6, p Sept. 33, 33

June

Dec,

FONDE!:

18.

Heiminum

for IP31004787

Dec.

Mar. 10, 3

8

Dec. Last dividend for 17äkipu Mosta

10

June

2.30

10. ₤36 Gente on Didį

IN ON Er for 1st.

Mar. 24.

Dea. Tuterim T.3 2/1988

Sept. 30, 32

Feo. T. 0.25 for 1931......ORTEGA MESIN IN

Mar. 8,33

190

July 30, ja

22.40.

...10

Apr 6 for year 20-4-32-,

Deact (pid)!cts(new) for 19.41 Mar, 18, 3 Deo. Interim #2

Aug. 15, 32.

Dea. Interim T- 0.30 to 1921.......July 30, 32. [Oct, a8, 32

Mar, a, 3

Bep. T. I year 200-31,

... (183. [Dan. (ELD) en ald

140

98

80 pants on new for 13 Feb. 39, 33 9.86 Dec. Pin. Scots, makete, for 19

Dec.

100

Fab. [Final 65 making 98

11.40

QUA

}July "19, ga

18

11

for Jua

3.68

24.374

Amsterdam

17.56 8.424

66%

14.28

Dec: Interim T 6:34 No 19.ma

Stockholm Copenhagen Qalo

19.8734.

Shanghai Cottons...Tis. 79

[1Ap?.

Sept. 1, 32

19.27

100t

A72-8) int half your ho-4-13 ~ May` 31, 32

1 13/16

11.10

fape || 7, 0-40 tur yenz Modali,

Oct. 8, 32

Vienna Prague

28 Nom.

1145

-Helsingfors

2301⁄2

Dee. Inter$a. ƒo [98%

|Aug-15, 32

Madrid Lisbon

413%

(DOW)

110

ji on old Apr.16ate on now! Masz...

¡June 4, to

Star Ferries......

670

Deas for test.

Yauma Ferries (old).

260

(new

Deo, LB 101 10

(Feb. 11, 32 Apt. 27, 32

5% Nom.

China Light (old)

17.0

5722

M

(new)

17 | Sept. 60 cta. for yaar 816-Kİ

Dec. 31, 32

H. K. Electrics...

76

Dec. for 1981.

Ma. 8, 33"

80 Nominalacao

LBC.

Sandakın Lights.

Inne Nuns

1/9% 1/4

H. K, Tels." (old) (new)

7.70

1/4 13/32 17%

China Buses .......... Tike S'porefractions Ord.)/- (Prof.):

Dec. Interim 4%a20 1933.

Dee...0 for 1230

Aug. 5,

Feb. 15..33

||14|-|| Bapt. | | | for past 15-4-21.

(7% on preferenes sharya

27

Deo, P. 50 for 1990.

Mar 4, 32

14

101

Doo (2)

Age: 99, 32.

15.

July

16.80

Deo.

10 cents for year 31-7-22....................] Oct., •19, 32° 143 cents on clát for 1001

renta on new

34,

Nominal

1/6 11/64

Belgrade Rio Bucharest Buenos Aires Montevideo Bombay Shanghai Hong Kong Yokohama Silver Spot Silver Forward 17·13/16 War Loan Assented' 102

-British Wireless Service,

THE OPENING OF

SUNFREEZE MAJESTIC

364 NATHAN ROAD, KOWLOON,

ANOTHER SUNFREEZE &

SUNSHINE BAKERS BRANCH

TO-DAY, at 6 P.M.

FOR ONE WEEK ONLY.

A Real Good Will Sale. All Items on Our

Menu Over 10 c. — Half Price. Sunshine Pastry 40 Cts., 60 Cts., 75 Cts. per doz. Sunshine Ice Cream Pint Bricks 50 Cts. Quarts $1.00.

Fresh Extra Choice Creamery Butter. Norco" Brand Australia's Best 90 Cts. per lb.

Ruby California Tomato Catsup 65 cts. 14 oz. bottle.

Golden Crown California Fancy Aspar

Sale Price $1.10 per Tin. Usual Price $1.55 & $1.95.

UNUSUAL OPPORT OUR MOTTO THE BEST FOR I

Industrials

Malabon Sugars $ Cald: Macg, Ord...Tis. Prefi.Ti..

H

Canton Ice

Cementi (com.)

'(ald)

(DW)

H. K. Hope

China Agriculturals.

Stares, &c.

Dairy Farma

Wation (old)

Der A Wings

Lane Crawfords

Mackintosh

Sinceres

Wm. Powels ........

Wing On (LL

- Miscellaneous,

H. K. Amusements...$15

Ch. Entertainment S. C. Enterprises miș United Thestrea, M,TU,

| Macao" "Greyhounda” Constructions (ald),

(new)

{H. Ind. G$ Bonds | H, R. Govt. LoúDE 122$ Wallace Harpans de Co. Chins Sports Ladi.

རྗེ་སྐཎྜཙནྟཱི ིི ཿ་ཚོཎྜཾ ཀྐ དཝཱ་ ནཱ་

18 Dec.cta, bormalete, more t

Ded:

$1.76 for 1957 use

Deo.

Oct.) foxy1871-1982 | Apr, 19, ♬

15.40 Feb

Feb.

Feb.

1:30 eta, berus ini uta, Ɛfar you

$2 bonus Mata, for your 22-58) Apr, 28, 37. fari monas 20'chait for your

making $1.80 mm. May 17, 30 juwa, botins Insta, 1: for ya.

1.83 Feb.making 30 nmia mkia (Apr. 31, 32

..

Mar.

8128 for your 21°355-

Dea, cate for 1981.

Sept. 28, za Mar 23, 32

Dea

Dec.1

10 Dec.

18 Dec. 11) cents on ter

241%

2|| 549 centron old

“DIVINING ROD" FOR, not be extended to human patients.

MEDICAL MEN.

સરનામાં

Doctors May Leave Aside Old Form

Certainly it should come in ful for water on the brain, or those

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