BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
www.c
Authorland Ospital sam, 06,000 Liivad sad Palłty Poldaş um 1.06,901 Bounces Funds, y ---
Starling
£1.800.206
Houseto Liability of Proprietors --- 200.200.000
HEAD OFFICE: HONG KONG,
BOLED OF DIRECTORE[...
2. 2. Paara, Bog.
Chairmas.
T. 1. 11, 19kmu, Bag,
W. B. Bali. Int.
Deputy Chairm
K. Morrison, Kuq,
A.. Comption, Yaq, Bon, Mr. J. J. Paterson.
ton,.,8. Mackis, J. P. Warren, Zeq.
§. Miskia, Jw_
ENDT
BAXGEOR
BOMBAY
SSTAVIA
BALOUTTA BANTON
CHLFIX
COLON BO
DAIBEN
T. X. Grayborn. Hog.
Chial Massane.
BRANCH
LONDON
LTOM
KALACCA
MANILA
MUAB (Jhal
MUTDEE
HEW TOLE
PRIMINO
PENANG
FOOCHOW
TANOOG
HAIPHONG
BLIGON
MAMNORE
SAN FRANⱭINDO
KANROW
RNAMORAT
KARBIN
SINGAPORE
HOURABAYA
TIENTELE
TORTO
TEINOTAU
WONGLEW
ILOITA
1РОН
FOBORD
KOBR
KOWLOON
KUALA LUMPUR
F
HUNGYI PATAME
TUKOKAMA
Curran's Bowrals opened to Koral Durruary and Pized Degrelle rival for me you ar barter periode is focal errory sad Berling essert wilch vil ke sundad ng speltation. Hong Kong, 24th January, 1934.
HONG KONG SAVINGS BANK.
the Burizes of the shers Back by wa.fucké By the HONG KONG AND LEANORAZ MAKE- US CORBATION. Habse may be obenland
čestvG+
FOR THE HONGKONG AND SHANGHAI SASKING CORPORATION.
9. M. GRAYBURN,
Hong Kong 24th April, 1885.
SAFETY FIRST |
To Bafeguard Your Valuabl
and Jewellerian, Depoalt them to Vanit that is really: FIRE-PROOP BURGLAR-PROOF DAMP PROOF! OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Coo- structed to provide all of these In- portant Qualities.
You may obtain a Safe Deport Box in this most up-to-dala Vanil 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 Voeux Road, Central.
THE CHARTERED BANK' OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1888,
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietors
Arencies and Branchoer
AZOR STAR
AMRITSAR
BANUKOE BATAVIA HOMWAY- GALOUSTA CANTON CAWKFORE
DOLÓWNO BELET HAIPHONS MAMBORO NANKOW
HARBIN
501 202
WOLLO
ПРОЦ
KARJORI
ILANG
KORE
KUALA LUMPUR
KWOHINO
MADRAS MAXILA
XEW YORK
PRIPING (Poking! PENANG RANGOON SAFOON
SEMARANGK
SHANGHAI
BEKO APOKE
KITIAWAN BOURABATA
TAIPING
TTENTEIN
TONGKAH (Blahos)
THINGTAO
.TOKOBAKA
FINBOLNOS
Foreign Exchange
and
Banking business transacted.
A. BREARLEY,
Manager Hong Kong. 17th November, 1982,
THE CHINA
Commerce and Finance...
Local Share Market
Weekly Reports by Brokers.
Hong Kong, Jan. 26.
Mr. G. A. Harriman's weekly share report and market review fasued at noon statos:
China Underwriters. $1.60 HK Fire Insurances $285 $2821) Wharves $1191⁄4, $120, $1191⁄4 Providents (Old), $2.65172, Hotels $6.40, 36,45427 Humphreys $11:00) -
Tramways $221⁄41⁄2. $22,60, $22.65, $22.70, $22, $23.18/234
Peak Trams (New) 37% Star Ferries. $10134, $102, $101 China Lights (Old) $10, $10.80,
$10
China Light (Rights) $8.80, $4, Electries $76% $764 Telephones (Old), $27 Telephones (New) $18.20 Dairy Farms $29, $29,10 Watsons $7.15, $7% Ewo Cottons Sh. $13.30 CHANGES (3.15 p.m.) CLOSING
QUOTATIONS BUYERS
Notwithstanding the interven- tion of Settlement on Thursday laat, the market during the week under review was again on the active side and trading was rather|$4.15, $4.20 brisk. China Light (old) again General formed the outstanding feature of Current Accounts opened and Fis-the week, large parcels of shares at $10.25/11.00 ed Deposits received for one year or changing hands shorter periods at' rates which will be
cash. $10.35/11.10 February, and quoted on application.
Hotela „re- $10.50/11.10 March. mained very steady at around $6.40. Cements suffered a set- back but were in domand At the close at $2.65. Providents (old) came to business in large parcels at $2.65/70. Investment counters were again firmer with Star Ferries done at $101, Hong Kong Electrica at $76.75/76.25, and Dairy Farms at $29/29.15. Hong Kong Trama rose to a buying rate of $23.20 on the announcement of a final dividend of 85 cents per share. Telephones showed very little change being in demand at $27.00 for old shares and $13 for the new. LOOK POONG SHAN,
Hong Kong Lands could Ghiet Manager. be placed at $79. In the Sterling section, Hong Kong Banks im-
THE BANK OF CANTON, LTD.
Established 1912.
Head Office-Hong Kong.
A
Authorland Capital (H.L. Curmory) ...@11,000,000 Paid-up Caplinkosumnam 1,066, 10 Kupres Fund son,180,000
BRANCHES (
Onabon, Shah, Bankow, Bangkok,
Bod Bed Framelsos, LONDON BANKERS |--- The Lloyd's Bank, Limited. CORESPONDENTS
la ali prasfál elites of the World. Forsign Brohanga më backing business of story samtpliba sentencies.
Bits Daponés Bonus (varian slana) ni a zonely enial of Trom $4 to $4.
THE BANK OF EAST ASIA, LTD. proved a little with enquiries at
Authorised Capital Paid-up Capital Reserve And Undivided
Profita
31,850. Philippine mining shares
$10,000,000.00 attracted a fair amount of atten-
$ 6,398,500.00|tion. Antamoks being enquired for ut 74 cents, Baguio Gold at 50 cents, and Benguet Exploration at 13 cents. The lone of the market
$ 2,812,000,00
HEAD OFFICE:-HONG KONG 12. Des Voeux Road Central
BOARD OF DIRECTORS:- Bir Shouson Chow. Chairman.
Li Koon Chun, Esq.
P. K. Kwok, Esq. Wong Yun Tong, Esq. Chan Ching Shek, Exa
Li Lan Sang, Ex.
Wong Chu Son, Esq. Kan Ying Po, Esq.
Kan Tong Po, Esq, Chief Manager. Li The Fong, Esq, Manager,
BRANCHES AND AGENCIES:- Amoy Manila
Seattle Batavia Melbourne Semarang Bombay
Shangha! Calentia
Singapore Canton
Fourabaya Swatow Syndey Talhoku
Nagmaakl New York Osaka
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
Paris
lanko Honolulu Kobe Kowloon London
Teiping
Penang
Rangoon
Saigon
HEAD OFFICE:-Talpek, Formosa.
Incorporated by Special Imperial Charter. 1899.
Causes) Back la Formosa
Bank-Malm Junced. Arangu naowat
On and after August 15th, 1935, thr rate of interest on Specisi Curren Deposit will be at 20% pa, on daily balance and the rate for "balunce ave $10,000 will be quoted on application
Maximum rate-1%).
LONDON BAKKEHA:
Burdayı Bank, ZAE, Lloyda Bach, 144, Midland desk, · KAR; Naomimtar › Bank, lad
The Bank has Dermapondvusa le all the prime-po Jommaculal Contras throughout, she wodd"
L. SAGORA.
BONG KONG ZRANCH |
1. Ben Vass. Host Central.
Brag Kaag. Daneabu 36, 101
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1894.
Capital (fully
Tientsin
Tokyo
Yokohama
at the close is firm with an upward tendency.
Hong Kong Banks $1,845/50. Unions $580.
China Underwriters $1.60, Hong Kong Fires $282!1⁄2/285. Wharves $1191⁄2/120. Providents (Old) $2.05/70. Hong Kong Hotels $6.40/6.45. Humphreys $11.90. Hong Kong Trams $22.60/23.25. Star Ferries $1011⁄2/102. China Lights (Old) $10.25/11.00.
Hong Kong Electrics $75/76.
Dairy Farma $29/29.15. Watsons $7.15.
China Lights (Rights) $3.80/4.50.
SHARE MARKET.
Hotels $6.45
China Light (Old) $10 China Lights (New) $10% China Lights (Rights) $4% Electrics $76
Telephones (Old), $27.10 Telephones (New) $13.10 Dairy Farms $291⁄4 Watsons $7.40
SALES
Tramways $23.18/23 China Lights (Rights) $4.20 Watsons $72
120 FOREIGN
LOAN DEFAULTS
TO BRITAIN
Only The Empire Honours Debts
£350,000,000 GAMBLE SINCE 1934
London. Britain since the war has been Binking money in Europe, Latin America, and other foreign coun- tries.
It has been a rake's progress. A hundred and twenty foreign
on the London Stock
Exchange
figures were issued by the Council of Foreign Bondholders.
are
SATURDAY JAN
Georgia Reaches New High
Looking down on Lake O'Hara from the pinnacle of Mount Victoria, ut Band, Alberta, Georgia Englehard, of New York, noted Alpinist, is pictured with her Swiss guide, Ernest Fues, as they reached the top of The 56th peak they have conquered in many lands. This one is 11.365 feet above sea level.
Diocesan Boys'
Annual Speech Day.
GOVERNOR'S FORECASTS AND CONGRATULATIONS-
GENERAL NOTICES.
Under the distinguishe patronage and, in the presence of HE The Governor and Lady Peel
MADAME LOTTIE GORDON'S
“AUSTRALIA DAY” CONCERT ENTERTAINMENT In aid of the Blind" Girls' Home, Pokfulum, and The Link Scholar ship Fund. :
at the Helena May. Institute on Saturday, January 27, 5 p.m. to 7 pm. ADMISSION $1.00.
THE BANK OF EAST ASIA, LTD.
NOTICE IS HEREBY GIVEN
IN
that the FIFTEENTH OR- DINARY MEETING OF SHARE HOLDERS will be held at the Registered Office of the Company No. 12,-Des Voeux Road Central, al 2.30 p.m. SATURDAY, the 10th February, 1934, for the purpose of receiving the Report of the Direc tors together with a Statement of Accounts for the year ending 31st December, 1933.
The TRANSFER BOOKS of the Company will be CLOSED from SATURDAY, 3rd February to SATURDAY, 10th February, 1934, (both days inclusive) during which period no transfer of shares can be registered.
By Order of the Board of Director,
KAN TONG PO,
Chief Manager. Hong Kong, 23rd January, 1934,
PUBLIC AUCTION.
SchoolT
HE Undersigned, have received instructions to sell by Publis Auction
ON
}
:
,Yiu Tat, Leung Yun Kwong, N. Monday, the 29th January, 1934,
Soo, Chan Tak Keung, Yung Yun Kan, Chan Yim Ming, and Wong at No. 2, North Street, Kennedy
commencing at 2.45 pm. Chol Cheung.
Town
A Quantity of Valuable Office
Furniture.
Op View from Sunday the 28th.. Jan., 1994.
Terms: Cash on Delivery.
LAMMERT BROS.,
Auctioneers. Hong Kong, 26th January 1984.
CHURCHES
UNION CHURCH.
The following are the fortheon-
Sunday, January 28. Sunday School Kennedy 9,30 km
Three rousing cheers were given for His Excellency... The proceed-] At the annual Speech Day of the ings concluded with the singing of Diocesan Boys' School held yester- the new School Song, and a Bless- day in the Great Hall of the schooling, invoked by the Bishop. His Excellency the Governor, Sir Headmaster's Report. William Peel, KC.M.G., K.B.E., The Headmaster's Report in part foreshadowed the development of reads as follows: technical education and the cata-
Your Excellency, Ladies and blishment of workshops at the Gentlemen.-Undoubtedly the most school. "It is impossible," he said. Important feature of the past year to get away from the fact that in in the life of the D.B.S. has been these days, when the struggle for the change in the financial situa- livelihood has grown more severe, tion, A year ago. the school owed education must of necessity be more the Government a capital debt of utilitarian than in the past."
$175,000, on which interest at 6 per The Rt. Rev. R. O. Hall, Bishop cent. and sinking fund at 2 per cent. of Hong Kong, Chairman of the making $14,000 a year altogether, State and municipal loana quoted College Council, took the chair, be- was due. About $12,000 had been ing services etc., at Union Church. were in default when the lasting supported, in addition to His paid in sinking fund instalments. Kennedy Road:~~~
Excellency and Captain Waller, For three years the school had been AD.C., by the following members unable to pay this, so that in addi- of the Council: Mr. A. H. Compton tion to the capital there was now The defaulting countries widely varied, but Chill, China, Vice-chairman), Mr. E. H. Wilan arrears of $42,000 to be met. llams (representing the Govern-This sum the Government called Greece, and Mexico
are the most
ment). Mr. H. C. B. Way (Hon. upon us to pay, no further suspen- important.
Bulgaria has been paying onty Correspondent and Secretary), Mr.sion of interest payments being 40 per cent, of her foreign debt C.BR. Sargent (Headmaster), Mr. allowable. It seemed almost impoa service.,
G.S. Archbutt, Mr. P.S. Cassidy, Jaible that the money could be raised, Rumania suspended the sink- Mr. E. Cock, the Very Bev. Dean especially at a time when trade was ing funds on all her external Swann, Professor L. Forster, the so bad. The out-look was so black Hon. Sir Henry Pollock, K.C., the 'that it was difficult indeed to see loans except one.
Hon. Mr. R.H. Kotowall, the Rev. how the school could be
be carried on. Every Tuciday at 7:30 p.m. Dew W.W. Rogers, and Mr. J. M. Wong.
Arrears Paid or
votional meeting of the Soldier To-day, the $42,000 arrears has and Airmen's Christian An been paid off in full and our capital tion, an debt reduced to $150,000. More important still, by the generosity of Hong Kong Trams, China Lighta; an Yearly Dividend
the Government, our rate of in Hotels, Humphreys, Dairy Farms On top of this comes the latest Ho Kam Tong Scholarship:-D terest is reduced from 4 per cent. [Branch of The Mother Church, AMERICAN EXPRESS COMPANY, and Douglases. At the moment of news from Germany.
[B, Izatt
to 8 per cent and the sinking fund) The First Church of Christ, Selen closing, number of unfilled order
Earlier last year Germany Piercy Scholarships-Ang Eng payments to a minimum of $2,000 list, in Boston, Mass., U.S.A.J are in evidence for Lights, Trams, agreed to pay 50 per cent of her Cheng, J. Fong, and Hs Kit Wing. per annum. So that whereas before Macdonnell Road Below. Bawen Hotels and Telephones.
external indebtedness.
Chan Kald Ming and Arthur we were committed to "in annual Dr. Schacht has now indicated Scholarships Wong Man Hoi, payment of $11,000, an amount that this is to be reduced to 30 Tổng Suan Hing, and I. Winyard. could hardly meet from our proûte per cent, and even suggests that Woo Hay Torg Scholarships even in the most prosperous year, Germany might adopt a plan of Leung Kul Yiu, Lee Chun Tat, Tse declaring, a yearly dividend rather than pay a fixed: terest on her debts.
San F'eiaco Vancouver
The Official Summary of the Hong Kong Stock Exchange fasued yesterday at 3.15 pm,
Every description” of Banking and Whether influenced by the recent change basiness transacted. Loans declaration of dividends by some cranted on approved securities.
Current Acccants opened in Local of the local companies, or whether urrency and Fized Deposita recaled the present level of prices is prov- for one year or shorter periods in Logal ing attractive, the fact remains and Foreign Currencies on terms which that the market in the past week
Chili is in total default. will be quoted on application
assumed a decidedly healthier tone,
Peru In partial default. - and a fair volume of business has Brazil was £3,554,000 in arrears been put through.
her interest payments Adances are to be noted in a Ecuador £2,000,000, Mexico 24,400,-year number of issues, principally in 900.
Safe Deposit Boxes To Let
1
KAN TONG PO
* Chief: Manag. Hong Kong, 24th November, 1935. ^-
TEE
U.B.55,000,000.00 1.8.82,887,089.17 3,8,$1,715,979,87
Capital Sarpian
Yen100,000,000 Fen.121,250,000
BRANCHES
Beserve Fund
Hand Offen-YOKOHANA
Branches and.
das sti
Alexandria
New York Outkas
Sääria
Bambay Calentta
Captan
Dairen (Dalny)
Fangtien (Mu Hamburg Hankow Harbin
Kobe
Felp Rangoon Bio'de Janeiro
Branches of pany in Princ
All cleap
Cómpa
Closing tone generally frm. BUSINESS DONE DURING THE WEEK
Hong Kong Banks $1845, $1850 Union Insurances $580
INDIA, LTD.
·BEAD OFFICE
with
Scholarship Winners.
The Scholarship Winners for last were then presented to His Excellency who shook, hands with them, The Hat follows:
Investors Repaid
Morning Service 10.35 am. Sunday School, Talkoo, 2.45 p.m.
Preacher: The Rev. E. C. H Evening Service; 6 p.m.
C.H Tribbeck
Soetal Hour in the Church Hall after the evening service.
Tuesday at 5.30 p.m.
Church Choir Practice every
FIRST CHURCH OF CHRIST,
„SCIENTIST
Road Translation. Subject: TRUTH, INTE Sunday Service 11:15 am. The Sunday school is bald on now we have only to pay $6,500, Sunday Morning at 10 o'clock. which sum, though large, is not be-Wednesday Evening Heeting at 6 yond our means in a normal year. Reading Room at above ad- In short, our bosition during the drag open Tuesday and Friday, 10-
Since 1924 more than £350,000,- Our income from foreign invest last year has been transformed m, to 12 noon, Monday and THE MERCANTILE BANK OF 1000 of British capital has been ments is separately given for Em- from an impossible and almost hope Tharaday, 5.30 to p.m. The sunk in foreign countries: pire, and foreign countries only in less one into a possible and work Public is cordially invited to at Some of it, undoubtedly, has been respect of Government and muplable one with great hope of attend the service and visit the used merely to maintain the cipal loans,
further improvement
Reading Room, Branch of The solvency of the countries, to enable Britain received an Income from
Mother Church The First Church: them to mest the interest on pre- Empire countries in respect of
of Chrli Scientist, in Bosto
Authorised Capital Subscribed Capital Paid-up Capital. Reserva Fund & Rest
The Bank of Ami
Boug Live
vious loans,
such loans alone of" 244,000,000 in
A large part of it has gone to 1928, £46,000,000. | In - 1929, – and countries which were either in der £47,000,000 În 1980. Later figurës fault before the alump or have be-are not yet avaliable... come completely or partially in de. In the same three years the Em- fault since
pire repaid the British invest eriod wa capital), amount
During the jaama have lant more than
to the Empire ore Halfpenny of in
In finance, as in
fut would
0299,000|235,000,000.
Not ne
Bir Rober
GIRL WHO BARKED BAR. USA.
LIKE A DOG
Critically Ill After Bad Dream
“CHOKED
DEVIL
tural noises in his house.
He investigated and found his 18-year-old daughter sitting up In her bed and barking like a dog.
A doctor was her Infe
continued
whine.
and gave
yep, and