.
Current Accounts opened and Fix-Total Sales for the Day: ed Deposita received for one year or 199 contracts of 25,000 oza, each | On Kobe— shorter periods at rates which will be94 contracts of 25,000 ozs. each.' quoted on application.
Bong Kong, 17th November, 1982
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised – Capital ... 106,906,000 Karmel sah Pully Talkas mum. 30,000,000 Mr Panda |--.
#thing
A 1.500.00 $18,000.00
Boerre Liability of Propeiskors was $80,000,000
READ OFFICE, HONG KONG
BOARD OF DIRECTORS (→
↑. E. Paaron, Mey Chairman.
Td. I. Man, Esq Deputy Chairman.
J. K. Bonnfiell, Key.
8. 11. Dodwell Kay.
4. B, Compon, E
Hon. Mr. 4.1.M. Märkle.
ANOT
BANGKOK
BATAVIA
HOMHÁY
Miskin, e
Bou, Mr. J. X. Paluronic
1. 4. Platsmer, Beg
* Murphy, Faq,
Acting Cisel Bhanger.
BRANCHES.--
LONDON
LTONE
MALACCA
MANILA
MUAB (Tohore
MUXDEX
CEIPINO
OLLOUTTA
CANTON CHEFIXI COLOMBO DAIREN POOG30W
HAIPHONG
HONGIRW
NEW YORK
PENAKO BANGOO
*BAIGON
BAN PRANCIBOD
KITANGGAL
SINGAPORN
GOURABAYA
KAMBURO
BANKOW
HARDIN
ILOILO
DOE
JOGORS
KOBK
TOWLOON
NOKGHT FITAM
KUALA LUMPUR
TIRNTAIN
TORTO
TOKOHAMA
РАКОТАС
penal
曲
Puneri Aruna
Leon Currwar} and Band Depmille revolved for own your
sharker pactoša in Bosal Currunay sad feeling aw heroit which will be quoted on vaplica Nine Hong Kong. 22nd May, 1988.
-
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter,, 1858.
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
.£3,000,000 .£3,000,000
Reservs Liability of Pro-
prietore
3,000,000
Agencies and Branches:
ALOR STAS
KUCHING
MADRAS
MAKILA
AMBITUAR
BANGKOK BATAVIA BOMBAY CALOUTTA CANTON DAWNPORE Стат
DOLOMBO
DULAT
HAIPHONG
KAMBURO
RANSOW
HARDEN
TỔNG TONG
LOILO
ΠΡΟΥΣ
ГОВА
MEDAN KUW TOAL
PRIPING (Paling PENANG BANGGON BATOON
A. BREARLEY,
Manager.
THE CHINA MAIL
ommerce and Finance
COTTON, SILVER AND WHEAT
Latest Quotations.
NEW YORK COMMODITY MARKETS
-
Messrs. Asin Lands Ltd. have re- ceived the following quotations on the New York cotton and wheat, rubber. silk and silver exchanges for September 13.
Closing prices on September 12 on the Commodity Exchange Inc. New York:-
- SILVER. Sept. 12. 37.62 Bid.
September December March May
EXCHANGES.
TO-DAY'S QUOTATIONS.
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations. -
New York, Yesterday.
Dow Jones Averages.
Last To-day's Changer. Avar. Aver.
30 Industriala 102.84 103.65 .81 նի 20 Rails 20 Utilities
40 Bonds ...
50.83 50.68 15 down
THURSDAY, SEPTEMBER 14, 1933.
JOHNS-MANVILLE
CORPORATION
NEW ADVERTISEMENTS.
Second Quarter Revival THE CHINA LIGHT & POWER
Brings Profits.
BIG EXPENSE CUTS
New York. The recovery of the Johns-Man-
Noth
CO. (1918), LTD.
OTICE IS HEREBY GIVEN
on MONDAY,
18th September the Supply of Elec- tricity will be interrupted at 7 from
30.00 29.82 18 downville Corporation aided by thela.m. in the Yaumati aren'
86.92 80.98 .01 up
Messrs. E. A. Pierce & Co. Re- second-quarter revival is shown in September, the Supply of Elec. excluding the area to the East of port:The short session did not the latest investment news from the Nathan Road and South of Kansu give much opportunity to discover United States, received through Street: Supply will be restored any particular change in condi. Messrs. Asia Lands, Ltd., to-day.
tions.
However, the market does
on
-TO-DAY AT
THE CENTRAL.
HIS WIFE
woman who
Aided by a turn-up in its second- before & p.m. and the frequency seem to be somewhat more bullish quarter volume, on a diversified line will then be 50 cycles. in opinion on the immediate course, Plus further whittling of operating Wheat: Bullish sentiment is pre- was able to get back into black ink expenses, the Johns Manville Corp. dominant, on further talk of infa-for the first time since the third tion based on a Washington report quarter of 1981. The $92,204 pro- to the effect that the Administra- at follows a $953,800 loss in the tion is determined to boost. prices initial three months of this year, of agricultural commodities to pre leaving a deficit for the first half iwar prices. Cotton: Sentiment totaling *$861,595 sales of is somewhat better. Offerings $8,179,149. Sales in the Becond were light and rather easily absor- quarter amounted to $4,871,843, and| bed. Silver: There was a good were off 5 per cent. from the com speculative demand, almost wholly parable 'period of last year and 28.2 for December and March.
per cent. in the first quarter of this Iyear. Last To-day's While the higher volume Price Price responsible for some of the better- 104ment. by far the greatest factor affecting net income was the 17.7 per cent. decrease in operating ex- 1324
penses, which reflects the firm ex- 19051
vense control exercised by the management. For the first six 17% months of this year the drop in operating expenses approximates 21 18
per cent. Johns-Manville has kept a vigilant eye on expenses constantly since the depression started, while 20%+ 20+ continuing its policy of liberal 48% 491 charge-offs for depreciation and de- 471
pletion.
Business Done:--730,000 shares.
138
D9*
6134
20% 24
was the only
ever turned
WAS
bim downt
Men hated and
envied him.
Womes de nounced and
On London-
T.T.
1/45%
On demand 4 months' sight.. Credits 4 months'
sight
1/4%
On New York-
On demand
SKMABANO
SKARMBAN
Credits 60 daya'
might
1/44
1/614
31% Nom.
NOW
BILANGWAY
SINGAPORE
On Paris-
SITIAWAN
On demand
505
SOURARATA
TAIPIRO
TIENTBIN
KARACHI
Credits 4 months'
Bight
605
TONGXAH/Bhuket.
ZLING
TSINGTAO
Sept. 13.
On India-
ТОКОПАМА
KUALA LUMPUR
LAMBANG &
Foreign Exchange
and
General
Banking business transacted.
Sept.
37.85 Nom. Dec... 38.06 Traded 38.36 Traded Mar. 38.71 Nom.
T.T.
92
On demand
9214
39.15 Traded [On Shanghai---
On demand
110
On demand
118%
RUBBER,
On Manila-
Sept. 12 Sept. 13) 6.80 6.92
On demand
6934 N.
On Singapore-
Air Reduction
105
7.16 7.25
On demand
591⁄4
Allied Chemical & Dye .138
7.54
7.66
On Batavia-
American Can
92
7.76
7.48
On demand
American Smelting
99
551⁄4
American Tel & Tel...131%
39
On Saigon-
American Tobacco "B". 90
On demand ...
662
On Bangkok-
On demand
Anaconda Copper Mining 17% Auburn
American Waterworks 28%
28
134
Bendix Aviation
18
Sovereigns bank buy-
Borden Co.
Ing rate
1/3
Canadian Pacific
J. 1. Case
16%
16
70
Caterpillar Co
2314
Car Silver in Hong
Chase National Bank"
Kong
Nom
Chrysler Motors
Copper Cash
Nominal
Consolidated Gas of N.Y.
Copper Cents
1% prem.
Curtiss Wright
40% 344
Drugs Inc.
Sept 12 Sept. 13
1.50
1.47
1.56
1.53
1.62
1.60
late of Native in-
terest Chinese Sub. Coin 32% dis. Hong Kong Seb. Coln par.
Du
Pont de Nemours
81%
40 82
82% D..
Eastman Kodak
84
Electric Auto-lite Co.
21%
Electric Bond & Share
24
Electric Power & Light 9
COTTON,
General
General Electric
Foods
24%
2454
38%
General Motors
34%
Gillette Safety
24%
15
23%
29
¡Oel.
¡Doc.
9.11 9.12
Jan
9.18 9.18
Mar.
9.37 9.38
Sept. 11 Range Sept. 13 Range
9.17 8.91 8.91
9.18 9,36 9.38 9.49 9.49 9.60 0.67
40%
421 10%
95%
05%
3444 354
24%
25%
564
May
9.54 9.54
9.83 9.85
20%+
inasmuch as a strong financial posi- tion could have certainly justified. continuance of payments. At the elose of last year current ratio was 5.7 to one, net current assets of and
¡July
Middling
Sport 8.00
9.70 9.70
9.97 9.97
.18%
17%
23
9.85
$10,000,000.00 $.598,600.00
CHICAGO WHEAT.
Sept. 12. Sept. 13.
30% 912
36%
1,312,000.00 December
September
83-44 88
Sears Roebuck
May
87-14 91-1
91-%
Standard GA
Standard Brands
28
28
14%
95-%
Standard Oll Co. of NJ. 41%
LONDON EXCHANGES.
London, Yesterday.
Benguet Exploration 60/64/45 centa.
Texas Corpn.
Socony-Vacuum Corpn. 14
14
00
Trans-America
น
Union Carbide & Carbon 48%
4812
Union Pacific
121
121
81 19/32
United Air & Transport 38% United Corpn.
38%
4.80%
once
United States Steel
551
16.512
46
Bangkok,
Sept.
T
September
December
¡March
78%
2414
844
No Indication of Dividends. There is nothing as yet to indi- cale that the company will soon con- 22% aider resumption of dividends on the 23% 175,000 shares of 7 per cent. cumu 8lative preferred stock, payment of 30% which was stopped last March. 34% poor outlook at the time governed
the directors in their divided action,}
A
adored him?
RICHARD
DIX
Jasper
a
free-lince lover
WELA ENOTE. I EDNA MA
Directed by
Walter Buben
David O. Selznick,
iconcutive Producer
HONG KONG SAVINGS BANK
„Malboan of the abers Bank 12 mondueved **ING BONG LONG AND BILANGRAI BANY
<ORPORATION Beko may be viktimat applícadian.
FOR FUN HONOKOKO AND GRAFITI AT **ELSE COMPORATÍOS.
1. N. Mapoy
Acting Ubial Manager
Hong Kong, 24th April, 1933.
SAFETY FIRST!
To Bafeguard Your Valuables and Jewelleries.
Deposit them to a Vault
that in 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 Box in this most up-to-date Vault for your own use at a very moder ate Rontal.
Inspection Cordially invlied. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Centrul.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.) HEAD OFFICE:-Talpek, Formoss.
Incorporated, by Special Imperial Charter, 1899.
Central Bank in Formoen. Band-Notes Sowed Average amount ....You. 15,200 200
On and after August 15th, 1938, thei rate of Interest on Special Current Deposit will be at 2% pa. on daily balance and the rate for balance over $10,000 will be quoted on application. (Maximum rate-1%%).
LONDON BANKERS,
Barclays Bank, Ltd., Leple Bank, Laq, Midian Bank. Lid, Worialastre Bank, CAL.
The Bank has transpondanis la ali ska pelasipal Jomanial Centre throughout the world. *. HAODRA,
HONG KONG BRANCH:
3. Das Ver Most Outral.
Hong Kong, December 9, 1904
Малари
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Capital (fully paid-up) Yen100,000,000
Reserve Fund........Yen.121,250,000
Head Ofes:—TOKOBAMA.
THE BANK OF CANTON, LTD.
Fatablished 1911
Head Office-Hong Kong.
Avɔhorized Capital (21.K. Curung). 9.. Pall-Up Caglia
-**........ 0.684,00
BRANCHE:-
Calca Shanghai,
and Barandas. LONDON BANKERS + -
The Liar's Bank, Limited CORRESPONDENT
Forsiga Rismangs and banking hyana
very drillon iracunciad.
Safe Depot Bezos (various mixed! at a poorly maal of from to $10
LOOK POONG SEAN,
Chief Manager.
THE BANK OF EAST ASIA, LTD.
Head Office: Hong Kong.
No. 12, Des Voeux Road Central. Established: 1918.
Authorised Capital Paid-up Capital Reserve and Undivided
Proits
BOARD OF DIRECTORS:-
Sir Shoason Chow, Chairman.
Li Koon Chun, Esq.
P. K. Kwok, Eng.
Wong Yun Tong, Esq.
Chan Ching Bhek, Esq.
Kết Lao Benz, Esq Pan Tin Cho, Đô Wong Chu Bon, Bay. Kan Ying Po, Esq.
Kan Tong Po, Esq., Chief Kanager. Li Tre Fong, Esq., Manager,
Correspondenta in all principal citise of the World.
Every description of Banking and Exchange business transacted. Loans granted on approved securities. Safe Deposit Boxes To Let
KAN TONG PO,
Chief Manager.
TAB
AMERICAN EXPRESS COMPANY,
INC.
Food Olles-45, Broadway. New York.
Capital
Surplus
Reserves
U.S.$8,000,000.00 U.8.$1,887,089.17 .0.5.$1,718,079,07
BRANCHES
Beans Gloage
Mexico City Hagles
Kame
Falarme
Brancher and Agencies atı'
Alexandria
L
Batería.
Nago
Bombay
Calcutta
Canton
Dairan (Delay)
Fonation (Mukdes)
Hamburg
Kankow
Harbin
Homolala
Halting
London
Newchwang
New York
Qalks
Peiping Rangoon,
Rio de Janeiro San Francione
Besitle
Bemurung Bbangkai Bhimonoseki
Sydney
Tientals
Los Angeles
interest "allować.
Deposita pacalvså for Azad
at rabur te be obtained
Hong Kong, 11th
1938
Standard No. 1 "B" Contract Total sales for the day-
461 contracts-180 contracts.
NATIONAL SILR EXCHANGE:-
Sept. 12 Range Sept. 13 Ronge
1.78 1.80 1.76 1.78
SUGAR
Sugar Prices an of the close of the market Sept. 13 of the New York Sugar & Coffee Exchange-
Cotton prices as of the close of the market Sept. 13 on the New York: Cotton Exchange:-
38 3/16 576
Paris Montreal Geneva Milan
60 11/16
Stockholm Oslo
19.37
19.00
Prague
108
Madrid
Athens
Belgrado
240
Buenos Aires
Bombay
484 0. 1/6
Hong Kong
1/4%
Silver Spot
18
Silver Forward
18
New York
4.6844
Brussels
22.90
Amsterdam Berlin Copenhagen Vienna Helsingfors Lisbon Bucharest
7.92
18.38%
22.40
20% Nom.
226
100
545
Rio Montevideo Shanghai Yokohama
4% Official
35% Nom. 1/3 1/2/1/82
War Loan 3.100 7/16-
British Wireless Service.
THE BANK OF CHINA. 行銀國中
Reorganised October 24, 1928, under special charter of The National, Gor ernment as an
INTERNATIONAL EXCHANGE
Subscribed Capital $25,000,000,00 Paid-Up-Capital 24710,200.00 Reserve Funds ...... 8,820,605,82 HEAD OFFICE: SHANGHAI
HONG KONG BRANCH: May 4, Queen's Road Central,
Branches of American Expresă Comune pa pany in Principal cities of United States of America and Canada.
All clamos ́of Commargiki Banking Tranpactions, undertaken.
Bar silver per oz... 18%
SHARE MARKET.
The Hong Kong Stock Exchange Weekly Report lasued yesterday at 3.15 p.m.
Gold Dust
Internat. farvester
Internat. Tel. & Tel. Liggett & Myers "B" Loew's Inc.
Ward Biscuit
Montgomer Sational Cky Bank
Markets were quite steady dur. Ing the morning, the derhand for investment shares being still in evidence. and still remalna un- OLI satisfied.
Cements and Hotels, after de- cling to $4.10 and $6.50, respect tively, were better at the close.
SALES.
Antamoka $1.13/1.88 Baguio Gold $1.12/1.26
Big Wedge 45 cents.
Raubs $12,80
Ewo Cottons Sh. $14
Hong Kong Trams $22.40 Telephones $88
H. K. Ropes $8.20
BUYERS.
Hong Kong Banks $1816 Canton Insurances $910 Union Insurances $575 Underwriters $2.10 Douglases $324 Antamoks $1.20
Baguio Gold $1.20
Benguet Consolidated. $54 Big Wedge 44 cents. Gold Creek $7%-
Ewo Cottons Sh. $14
Hong Kong Lands $78%
Hong Kong Trams $22.30 Star Ferries $97
Electrics $76%
Telephones $82
H. K. Ropes, $8.
Dairy Farms $28
Constructions (New) 85 cents, Govt. Loans 8% Prem.
BELLERS, N. Benguet Explorations 50 cents. Raubs $15 Hotels $6.70
Cements (Combined) $4,20
National Dairy Prod.
Elevator
Pacific Gas Electric. 23 Pennsylvania Rly. Packard Moters
Radio Corpn.
20+ $9,038,567 including cash 18 equivalents of $4,686,584 whereas 17% preferred payments consumed only
$525,000 annually.
A conservative policy with ris- 9%pect to dividend diabursements has 44% conserved assets in good and bad weather, which leads to the prospect 14%
that more than the current upturn] will be required to bring a resump Lion in payments. The low level! of expenses brought about through 'strict economies in operation places the company in an excellent position 8% to report improved earrings
demand for its products shows algus of continuing the current upturn.
LOCAL DOLLAR STEADY.
Silver Declines.
8 54% Westinghouse E. & M.. 45%
• trade † bid sale
Investment News Bendix Aviation. Reflecting the marked improvement in volume of business, As well as important operating saving, Bendix showed a net profit of $816,849 for the second quarter of this year. Thus, net profits for the first half of 1933 were equal to $0.26 a share,ing to-day at 1/4%. compared with a deficit of $0.02 a day, spot declining to 18 1/8 and Silver dropped back 1/16 yester share for the like period of 1932. forward to 18%. The company has maintained 4 commanding trade position in both York, is £-G$4.57% and New York The cross rate, London on New the automobile and aviation equip on London G$4.593⁄41⁄2· ́
ment fields, while its foreign busi-
ness has been quite satisfactory.
The dollar shows no change, open-
DISTILLERS, LTD,
With operating costs at a low level, THE HONGKONG: BREWERS & earnings should fully reflect, the continued improvement in busi- ness expected....
ARSENAL LOSE AT-HAWTHORNS
BY ONLY GOAL
(Continued from Page 1), scored. The County have won four of their five games, while the City have only an away win and a
NEW CABINET FOR draw to their credit,
SPAIN.
Radica
Group May Go Into Power.
TASK FOR BENOR LERBOUX,
·Madrid::
President Alcala Zamora called
Luton Town checked their ruo of two successive defents when they held the Palace eleven to a draw in London, Crystal Palace thus dropped their fourth point In six games..
beaten home record when they beat Exeter City retained their un Brighton and Hove Albion by d fourth win. In aix decisive, margin. It
their
on Alejandro Larroux, veteran Brighton's third succes leader of the Spanish Radical Re Motherwe publican-party and former Foreign cent. Club Minister, on September 9 to form, Linned Owing to our numerous branches in a new Cabinet to succeed that p
acsoustri China and large connections in the it. Manuel Azana, who resigned
portant curamercial centres of the
Intending cilanta special facilities for domestic Benar Lerron
world, we are able to extend to our September 8, 10);
Travel and foreign banking, and exchange.
of Credit and.
wide, nervioss and other Public Funds at the Chin- would undertake to
We also handia" the Inga a Bonds mandate and told the spad Traval De-ess Government
both
at: home gand Govern on the con
DUGGAN, A
MANBHOUAL CHENGEL
Manager: Hong Kong, Bth March 183107 the bast
dafont.
R. CAMERON DE SAILLE
M ROBERTSON is no longer
In the employment of the Hong- kong Brewers & Distillers, Ltd. Hisengagement terminated on August 8tat, 1938.
Hong Kong, September 18th, 1988.
ALSO
THE CHICAGO WORLD EXPOSITION
"A CENTURY OF
PROGRESS
"
SEE EVERY PHASE OF THIS WONDERFUL INTERNATIONAL FAIR WITH THE MOST MARVELLOUS EXHIBITS
EVER SEEN!
Charlie Chaplin's Funny Feet
Rock with daughter Mace the whols World
See Chaplin's Funniest Picture
City Lights
at the Orental
The Directors and Management/
CHINA EMPORIUM LTD.
SATURDAY
but!
SEPTEM SIXTE
Announce. the Opening of their Department Store Situated at Queen's Road C.