BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION,
TMW Z8ly Pallup moments 16,296,300 Kanerve Punk 20
2 6.901.200 Barting www.
Reserve Liability of Propešatora na 180,
HEAD OFTIUS: HONG KONG.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
30
ERAD OFFICE: LONDON.
Paid-up Capital
Esserre Fund ...
Reserve Liability of Pro-
prietors
-£3,000,000. £5,000,000
•$3,000,000
BOARD OF DIRECTORS 1–
Agencies and Branches:
ALOS SZAR
AKRITSAR
KOORING
MADRAS
I. E. Para, Bog
Chairment.
T. K. IL SHAW, Raj,
Deputy Chimes.
J. K. Borsteld, Esq.
H. Dodwell, Esq.
4. XL. Dempton, Kes. GORT. 0,0.8. Muckle,
7 Workin. Eng.
Hon. Mr. J. J. Paterson,
1. &. Planner, Bas.
1. hourphy,
Acting Chief Manager.
BRANCHES LO
LONDON
GTONE
MALACIA
MANILA
KUAN (Johor)
AMOZ BANGKOK BATAVIA
CALOUTTA
CANTON
COO COLOMBO
KUKORI
NEW YORK
PEXANO
B&RGOON
BAIGON
FELPING
DAIKEN
FOODBOW
KALPHIONU
HAXBULO
KAN PELECINOG
HANKO
SHANGHAI
HARDIN
KINGAPORE
BUNGEI PATANI
TIENTSIN
HOWKET
HOLLO
ТРОМ
JOHOLZ
MORE
KOWLOOK
KUALA LUMPUR
SOUTAMAYA
TOKYO
THINGTAO
YOKOHAMA
Curran nie opened in Lonal Cerronry and Fited Baporte renaived for one y
charter periode in Loul Omeroony and Giartint on boring which will be quoted or applicatam
Hong Kong. 22nd May, 1938.
HONG KONG SAVINGS BANK.
The Boston of the shorn Bank ir sandsoned by the HONG KONG EXU #HANGHAI BANK- ING CORPORATION. Halos may be obtained
TOS THE HONGKONG AND SHANGRAI
RKING CORPORATION.
LK. MURPHY, Acting Call Manager.
Hong Kong, 24th April, 1988. :
SAFETY FIRST!
To Safeguard Your Valuables
and Jewelleries,_
Deposit them in a Vault
that is really: FIRE - PROOF BURGLAR - PROOF
DAMP PROOF !
OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Con- structed to provide all of these Im- portant Qualities.
You may obtain a Safe Deport Bex in this most up-to-date Vat for your own use at a very moder- ate Rental
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeur Road, Central
BANGKOK BATAVIA
- BOMBAY
CALGUNTA CANTOM
CAWSPORN
CEBU
COLOMBO
DELET HAIPHONG
HAKATRO BANKOW
HARITI
EPOR
KARACHI
KLAXO
ZOB
MANILA
KEW YORK
PRIPING (Tuking! PENAKO
SANFOOK BATOON
SEMAKANO
JERZYBAN
SHANGHAI
BINGAPORE
NTIAWAN
BOUREDATA
TREX THIN
TONGKAR (Braking PETROZAO
4
YOXORAMA
KUALA LUMPUR LAMBOANGA
Foreign Exchange and Banking business transacted.
A. BREARLEY,
THE CHINA M
Commerce and
Finance
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations.
New York, Yesterday. Dow Jones Averages.
Last To-dar'a· Changes. Aver. Aver.
30 Industrials 92.62 92.55 .07 down 20 Rails
...
20 Utilities
40 Bonda
43.77 46.96
.08 down 30.73 30.04 .69, down 87,91 87.29.
.02 up Messrs. E. A. Pierce & Co. Re- port:—Frankly, comment on the market is difficult. The street appears to be bearish rather than bullish but most bearish
expres- alons are apparently lacking con- crete foundation. "It stems that
"EXCHANGES.
TO-DAY'S QUOTATIONS.
-On London-
T.T.
On demand
4 months' sight
1/4% 1/4%. 1/4/
Credits 4 months"
aight
1/5
On New York
On Demand..... 31 Nom Credits 60 days'
sight
ΝΟΥΣ
On Paris.
On demand
Credits 4 months"
sight
585
625
more than talk is necessary to de-On India- General press the market seriously below
T.T.
91%
91%
On Demand
111
the present levels. “Wheat: Fea- On demand Currect Accounts opened and Fixtureless. Trading has been light. ed Deposits received for one year of Commission hauses liquidated on On Shanghal- aborter periods at rates which will be
rallies. The smaller European re- quoted on applicatios.
¡quirements, plus light increased
hedging are tending to discourage On Kobe Hong Kong, 17th November, 1932. bullish enthusiasm. "Cotton: Er-
On Demand Iratic. Early in the day values de-
clined on long liquidation but ral-On Manila— THE BANK OF CANTON, LTD,led later on purchases of about⚫ On Demand
30,000 bales for March and Decem-On Singapore- ber. Later the market eased on
On demand increased long liquidation. "The On Batavia- average guess of 76 members of
On demand the New York Cotton Exchange on On Saigon- to-morrow's cottton production re-
On demand port gives. 10,998,000 bales, while the average of 11 private reports give 11,145,000 bales, (Acreage re- Vision included)."--Reuter.
Established 1913.
Head Offer:-Hong Kong-
་
Ailerived Capliet (EX. Garrnacy) .........$ (1,000,000 Pull-Up Onglial Kamera Tad
►
Cachon,
man
BRANCHES |--
LONDON BANKERS
The Lloyd's Bank, · Lindled.
CORRESPONDENTS
In all pripeljal cities of the World.
6.565,000 1,150,
Foreign Exchange and banking bustness of
every damoription inkassoted.
Bale Depois Boxes {racions along sa u yaariy read of troca # we'#48.
LOOK POONG SHAN,
THE BANK OF EAST ASIA, LTD.
Head Office: Hong Kong.
Business Done: 770,000 shares.
Last To-day' Price
Price
Air Reduction
On Bangkok-
ing rate
Chinese Sub. Coin... 32% dia Hong Kong Seh, Cola par.
SWEDISH MATCH
114
01%
591⁄4
56%
532
On demand Sovereigns bank buy-
134
175
Ear silver per az.
17%
Bar Silver in Hong.
95
95%
Kong
Not
Allied Chem. & Dye... Amer Can
117%
Copper Cab
Nominal
Chief ManagerTmer. Tel. & Tel.
Amer. Tob. "B"
Amer. Smelting
8434 33
84%
.123%
33 123%
Copper Cents ..
1% prem.
85
86
Rate of Native in-
terest .....
31% p
Amer. Waterworks
27
Araconda Copper Mining
16
Auburn
53
Bendix Aviation
15
15
15
Borde
Borden Co.
31%
32
Canadian Pacific
16
155
Case
GG4
Caterpillar Co.
2014 19
2847 27%
Chrysler Motora
32%
33%
Consolidated Gas of N.Y.
51
49
exdiv
3%
454
46
Du Pont de Nemours 2,312,000.00 Eastman Kodak
Elec. Auto-lite Co. Elec. Bond & Share
58%
70
པ
74% mutilated
17
47
23%
22
General Electric
Elec. Power & Light
924
General Foods
35
35
3D
General Motors
29
Gillette Safety
28%
13% 13
Gold Dust
214
20%
Internat. Harvester
36%
33
Internat. Tel. & Tel.
141
Liggett & Myers, ""
14
914
25
928
to Kr.2.994,381.
20 72
Montgomery Ward
20%
The profit and loss
Ifor 1931 showed a
National City Bank
National Dairy Pro.
3214 20
31
Kr.25,588,239.
194
Otis Elevator.
174
1644
Pacific Gas & Electric Packard Motors
25*4
Pennsylvania Rly.
Brands
34%
35% 234
35%
20 1314
No. 12, Des Voeux Road Central, Established: 1918.
Authorised Capital Paid-up Capital
Reserve and Undivided
Profits
#
Chase National Bank
$10,000,000.00 | Curtiss Wright 6,598,600.00 Drugs, Inc.
Branches and Agencies:-
Peiping
Amoy
Batavia
Bombay
Calcutta
Canton Haiphong Hankow Honolulu Kobe
Kowloon
London
THE BANK OF TAIWAN, LTD. Ha
(TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formoss, Incorporated by Special Imperial
Charter, 1899.
Central Bank la Formoon.
Manila
Melbourne
Nagasaki
New York
Bank-Kolor legend Kveses amount. „Ton, $6,000,000 Canka
BRANOSES AND AGENCINCH) +
JAPAN —Tokyo, Jakakens, Kobe, Desks
Esgi, Karenko,
Paris
Penang Rangoon
Saigon
SAG Francisco
Seattle
Semarang Shanghai Singapore
Sourabaya Swałow
Sydney
Talhoku Tientsin Tokyo
Vancouver
Yokohama
gener
Loew's Inc.
Biscuit
Correspondenta in all principal cities Radio Corpn.
Maisong Nasts, Bisokim, Talc, Tianaf the World. Takso, Tamani, Mosa, Hallo, faisai OKENA 1-Bhengual, Eachow, Anoy, chart, Every description of Banking, and OTHERS -Long. Koor, Singapore, Baby, Exchange business transacted. Loans
Bugnarung, Batavim Bombay, London Hegrated on approved securities. Tork, Dairen.
Swalow, Canion.
LONDON MAWIERS:
Parclays Bank, Indy, Lalapės Bark, Lid
Midland Back, Lady Westendarter Bank, E4.
The Bank has Corespondante la all the principal Jommercial Cecina skroughout the world. E. MAGURA
БОГО ДОМО ВЕЛИСЬ
1. Der Vores Bond Central. Hong Kong Ducotuber 16, 1181LL.
Kasagw
THE TOKOHAMA SPECIE BANK,
LIMITED.
Established 1688.
Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager,
THE
AMERICAN EXPRESS COMPANY, INC.
Head Office: Broadway. New York.
Capital Surplus Reserves
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
Yen. 119,750,000)
Head Offer:—YOKOHAMA.
Branches and Agencias atı
Alexandria
Babaria
Bombay
Calcutta
Canton
Dairen (Dainy)
Nagasa
Nagors
Newchwang
New York
Peiping
Fungtien (Kukden) Rangoon
Hamburg Hakow
Fartin
Honolulu
Halaking
-- Karachi,
Ра
Bio de Janeiro San Francion Beattie
.U.S.$8,000,000,00 :1.8.$1,847,089.17 US $1,718,979.67
BRANCHES
Seara Roebuck Standard sind Standard Gas
Stan
Oil Co, of NJ, 35
Trans-America.
LOSS
Off In 1932,
Correspondence.
TUESDAY, AUGUST 8, 1933.
AUSTRIAN
ADMIRAL'S
NEW ADVERTISEMENTS.
AMBITION THE EAST ASIATIC CO, LTD.
COPENHAGEN.
THE CHINESE BATHING CLUBS Wanted "Duel" With The Danish Motor Vessel
(To the Editor, "Chinh Mail")
British Cruiser. WAR-TIME COMBAT DISTURBED
་ ་
Budapest,
"FALSTRIA"
having arrived from Portland, New The Chinese Bathing Clubs
Los Angeles, consignees of cargo are Westminster, Seattle, San Francisco & It has been reported that the Government Intends to resume the
hereby informed that all goods are North Point Beach where the eight
being landed and placed at their risk The great wartime ambition, of hazardous Godowns of The Hong Kong
into the hazardous and/or Chinese Bathing Clubs are situated
extra for reclaiming the area for com- the Hungarian Regent, Admiral and Kowloon Wharf & Godown Co. mercial development and that a Horthy was to take part in a as soon as the goods are landed.
Ltd., where delivery CD_
be obtained petition is belag presented by the "Naval duel" to match his
No claims will be admitted after the said clubs praying for the retention
goods have left the Godowns and all cruiser against an English crui-goods remaining undelivered after of their sites.
subject to rent.
It will be a pity if this resumpser of equal tonnage. This in the 15th August, 1933, at 4 p.m. will be tion is actually going to take place revealed in the diary of his in- since the climate in Hong Kong is timate friend. M. de Kozma, where they will be examined by
such that the Summer months are
broken, chafed and damaged are to be left in the Godown, Messrs. Anderson & Ashe on the 14th {August, 1933, at 10 m.
All claims
the vessel must againat
they will not be recognised.
long, and the only and most plea- which will be published soon. sant recreation during the hot "As a keen sailor I always con- summer days the inhabitants can sidered the English the most be presented to the Undersigned with jenjoyed is ses bathing.
Recreation is most essential in worthy opponents, and during developement of physical the war I always wanted to fight health, and in all civilised coun-with an English cruiser of the tries recreation of all sorts is besame tonnage as mine under |ing encouraged by the Government ·
[the
and public bodies and the interests equal conditions," His Excellency of the general public always given told M. Kozma on one occasion. ¡deep thought.
The diary relates that Admiral Hong Kong, in its natural posi-Horthy came very near to realis- tlon, afforded sea bathing in the
in ten days of the ships arrival, or No Fire Insurance will be effected. Bills of Lading will be countersign-
ed by
JOHN MANNERS & CO., LTD. Agents.
Mercantile Bank Bldg. Hong Kong, 8th August, 1933.
PUBLIC AUCTION.
THE Undersigned have received instructions to sell by Public Auction
past without much cost to the ing his ambition. community but slowly and surely One day his cruiser, the [the beautiful beaches within easy Novarro, was cruising along the access of the city have been taken Italian coast when an English away leaving only a portion of cruiser came into view. Both North Point which is an ideal loca- relished the idea of a combat. tion by reason of accessiblity and "Shooting on both sides was cheap transportation; in addition Very precise," said the Admiral At Godown No. 2, The the beach too is large enough to with professional appreciation: Provident Loan & Mortgage Co accommodate a very large number "and the distance between
118 Ltd, West Point. of swimmers at a time.
gradually diminishing. Then two
ON Wednesday, the 9th. August, 1933, at 11.30 am.
China
Hong Kong, 8th August, 1933.
The adoption of pool bath aa English dreadnoughts appeared 953 Sacks "Conqaror" Flour. euggested in the leader of a local behind the English Cruiser!" (more or less damaged by water)
is not! The odds were too uneven. The paper of Saturday's date
Terms: Cash on Delivery. practicable on account of the en- cruiser "Novarro” made off at]
LAMMERT BROS. ormous number of Chinese who are full speed.
Auctioneers. indulging in swimming to-day and Compliments Exchanged, there is a tendency that this num The Admiral was very much' ber will be increased 18 time goes annoyed, and wirelessed the fol- FASTEST on, and. besides there is the quee- lowing message to his opponent:[ tion of cost.
"Would like to have fought the Being affected by the World de-'duel to an end, but your dread- be denied that noughts forced me to give it up. pression, it cannot the trade of present day in Hong You might tell them to go to the Kong is far below that of ten years devil and then we ago when the reclamation work at peace." Prays East was in progress. In The English vessel replied: view of the present depression the "It would have been a great
mercial and
MOUNTAIN
TRAIN
can fight in Sydney-Nowra Express
Hits High Speed
TRIAL RUN SUCCESS. " Kr. 522,000,000 Written Praya East Reclamation ought to pleasure for me to have fought a provide ample space for both com- duel with you. I know that the
Sydney, N.S.W. residential expansion ship before me is the Novarro
The new South Coast Express without having to reclaim other and that it is commanded by for the Sydney Nowra service was The profit and loss account for parts of the Colony so urgently at Admiral Horthy. Therefore I given a trial run from Sydney to 1982 of the Swedish Match Co. this time. That the new housea on would have considered the fight Mt. Victoria as the Caves Express shows a loss for the year of Kr. the Reclamation nave been taken up an especial honour.
But unfor recently. 22% 522,791,359. After deducting the so readily by occupants, as soon as tunately I am not in command, 15 tons, it reduced the
Despite an overload of credit of Kr.10,785,740 brought they are built, does not mean that and cannot send the Dread schedule of 42 minutes to Penrith ordinary in, there remains a deficit of this is entirely due to expansion of noughts back, however much by two minutes three seconds, and Kr.512,005,619, which is to be the population. An investigation would like to do so." met by a transfer from reserve, into the old section of the Eastern
reached a maximum speed of 69.26 After the war the commander miles an hour over South The reserve will then be reduced district and other parts of the of the British cruiser visited viaduct.
Creek Colony will reveal that many flats Budapest. account have been vacated, the tenants hav- The Regent, hearing of his Valley Heights, which has
The climb from Emu Plains to loss of ing shifted out to the more ven- visit, invited him to stay at his average grade of 1 in 60, proved
tilated houses on the Reclamation. palace. Reuter.
The value included in the Lately some houses on the Reclama 25 balance-sheet for the company's tion and the old section of the 4% holdings of Bonds and Govern- Eastern district have reduced their 33ment securities is Swedish Kronor rent, this indicates the usual rule SPAIN'S RELIGIOUS
2226,692,786.
"that the supply exceeds the de- imand."
bonda Under these
Th
Company's Direct Holdings. Interest accrued on
circumstances it is 34% amounting to Kr.12,712,494 in- hope that the Government will con- Socony-Vacuum Corpn., 11%
1cluded in the balance-sheet con- cede to public opinion, and will not Texas Corpo.
21 21
sists of interest amounts which have the reclamation carried out un- tinion Carbide & Carbon 20% 40% relate to the year 1932, but til the time justifies.
which fall due for payment dur-¡'
Yours faithfully, 1933. .Of the above.
AW BOON HAW mentioned sum Kr. 12,674,781 has been received during 1933 to date.
Pacific
Union
1164 116 United Air & Transport 31 31% United Corpn.
9%2 ging United States Steel .... 51% 61% Westinghouse. E. & M.. 40 39% poraible mutilation, † Indiest bid
U.S. RUBBER CONSUMPTION.
London.
FINLAND'S TIMBER
TRADE.
Depression Restricts. Sales.
AZI
no deterrent to speed, the average over this section being 40 miles an hour. From Valley Heights (1055 feet above sea level) to Katoomba
3336 feet) the gradients are very
BAN VICTIMS, Aged And Sick Mayspeed of 24 miles an hour.
Be Homeless.
Madrid.
steep, but the express took the worst grade over the mountains of 1 in 31-near Falconbridgeat a From Katoomba, once the Blackheath ridge is negotiated, there is a fall to Mount Victoria, and the aver A million school children, $50,000¦age speed for this lap rose to 44 sick, 18,000 insane and 15,000 lepera | miles an hour. The total distance now being cared for by institutions of 79 miles was covered in two of monastic orders, are among those hours 25 minutes the fastest who will suffer under the Religious steam' mountain climbing train in Orders Bill, according to the Con-the world. federation of Fathers of Families. The new train comprises six All these institutions are to be luxurious carriages, which will ac- closed in accordance with the newcommodate 212 passengers - 72 law.
Arat class and 140 second class,
Shares in Swedish subsidiaries -Kr. 55,281,004-represent the company's direct holdings in the Swedish subsidiaries. The values The United States rubber con- shown correspond to those placed sumption for June is estimated before the reconstruction com lat 50,000 tons compared with mittee in August, 1932, which
44,581 tons in May.
were arrived at after a detailed Finland's most important branch, Confederation brands the Bill as the for the external construction of United Kingdom stocks are be- valuation of each separate com of export; the timber trade, has been} "most flagrant violation against the the carriages. The fittings are of lieved to have increased by 900 pany's assets, deduction being experiencing a boom, according to rights of the family and the church crow's foot elm and cudgerie in
made for the liabilities of each latest figures company.
Helsingfors.
In making a strong protest, the Queensland cedar has been used
tons last week.
outside of Russia and Mexico."-
Ü
Hexico City
Besson Havana
Hav Heidelberg
Kagie
Paris Peiping
THE BANK OF CHINA. 行𨭆國中
For the first half of the current Reuter,,
As some of the shares in these year, 670,000 standards (of timber) subsidiaries are held by outside bave been sold, as compared with
the first-class compartments and of silky oak and Queensland maple In-
Shimonosed
Singapore Bostabaya Bydney
Lávapecl
Palerme EstionSam
Taormina
Lazial
Branches of American Express Com- pany in Principal cities of United States of America and Canada.
- All einases of Commercial Banking Transactions undertaken.
the second-class. The upholdstery is of leather and moquette. Cor- Izidor carriages are flanked by seats
holders, the board considers it 260,000 standards for a similar WHY FRANCE WANTS ISLAND for two, with a table to every four
Reorganised October 26, 1928, under desirable to mention that in ar period last year. It is estimated)
ernment as an
special charter of The National Goy-riving at the values shown, the that. 900,000 standards could have INTERNATIONAL BICHANGE debts due to these subsidiaries been sold. But because of low by the Swedish Match Company prices a large number of sawmills 825,000,000.00 have been taken in as good for were either at a standstill or had| $24.710,200.00 their full value and no provision gone into liquidation as a result of ...$ 6,820,506.32
¡has been made for the guarantees récent depression:::||
and pledges which they have
BANK Subscribed Capital Paid-Up Capital Reserve Funds
HEAD OFFICE: SHANGHAI
HONG KONG BRANCH:
́4, Queen's Road Central,
given in favour of the Swedish
Match Company.
The total amount owing to the
JAPAN'S FOREIGN TRADE.
IN CHINA SEA
continued from page i
passengers. The train' is drawn by the powerful superheated C35 engine-Bester, and walk-
afternoon :-"The
Japan immediately ' ̈voiced
TYPHOON MOVING AWAY protest declaring that Japanese had colonised the islands years (Continued from Page 1). previously, and although repeated!
An official statement from the requests had been made to Tokyo Royal Observatory was issued this to officially acknowledge the Tokyo." Swedish Match Company by its The Finance Ministry recently sands as Japanese territory, the nearest at about 10 am, this morn typhoon was Owing to our numerous branches. In Swedish subsidiaries and com- made public the figures of action, was never taken Investment accounts China and large connections in the im
Jing, when it was situated about 180 portant commercial: centres of the panles controlled by them is Japan's foreign trade transacted China, issued a statement that miles South West by South of the world, we are able to extend to our Kr.10,541,714, and the Swedish in 16 important ports of the the islands were inhabited by Colony. The barometer then began. The Company offers to intending clients special facilities for domestle Match has debts totalling Kr. country in the early part of July Chinese fishermen and had always to rise, and several heavy equalis Travelers the use of its "Travelers and foreign banking and exchanges. Chequers and Letters of Credit and we also handle the issue of Bonds 39,065,097 owing to its Swedish as follows:
teen regarded as Chinese territory. occurred. The position of the In addition, tha world-wide warrices and other Publle Funds of the Chin: (Bsubsidiaries and companies con-
France has officially Informed, typhoon this afternoon is uncertain, Deposits, redved for fired. riode of its thoroughly equipped Travel Deese Government both at home and trolled by them, at rates to be obtained ́on application
all Interested that she proposes, but it is probably continuing on a merely to establish navigation West North-West-track-and-will- alde on the islands and bas no enter the coast near Kwong Chow intention of: fortifying them. Wan”:
London
Los Angalan
Tokyo
"interest, allowed, on Ourrent
BOUETTE.
Hong Kong, lith March, 1988,
Persons! handled.
partment.–
Yen
abroad.
E. W⋅ DUGGAN,
Manager
SHOD J. CHEN,
Hong Kong, 5th March, 1881,-.-
The net value of the company's Investments in Swedish sidiaries is Kr 26,757,621.
Exports Imports Adverse balance- Total
,000 950,000 $8,002,000 3,898,000