THE HONGKONG TELEGRAPH, MONDAY, OCTOBER 10. 1932.
REALTY COMPANY 8%. DEBENTURES
BANKS.
P&O BANKING THE CHARTERED BANK OF HONGKONG AND SHANGHAI
INDIA, AUSTRALIA & CHINA.
CORPORATION LTD Isentperated by Royal Charter 1945,
(Incorporated In England, 1920),
|Authorled Capital
Rabocribed and Pald-up Reserve Fund.......
WEST END BRANCH,
14.10, Cockapur Street, London, B.W.I
BANKING CORPORATION. |Authorised Qasita)
larsed and fully Paid-up
Beverve Fund-
.......... 25,600,000
Sterling *** 48,300.000 .810.000,090
Bliver
Reserve Liability of Proprietors -.321,945,9n
HEAD OFFICE,BONDIONE,
BOARD OF DIREITORS.
Hos. Mr. J, J. Paletuon.
DEAD OFFICE.—LONDON,
CHINA
8% INTEREST VS 6% INTEREST MEANS ONE THIRD MORE
INCOME
· £5,000,000 - Paidep Capital
8,594.200 Baserve Fund ........
180,000 Romervo Liability of Propriators ..
HRAD OFFICE.
AGENCIES AND DRANCHES 117-127, Lesdembali Street, London, E. ALOR STAN ILOILO RANGOON
AMRITSAR Iron BANGKOK
$3,000,000 3,408,401 3.000,004
SAIGON
[DATAVIA
KANAUTI KLANO
BKMARANG
XODE
SIBENDAN SHANGRAT
KUALA
LUMPUR KUCHING
MADEAB
.. TAIPING
MANILA
MEDAN
RAIPHONG
NEW YORK
PEPING
(Pekin)
TONGKAH
(Bhukai) TBINOTAO YOKOHAMA ZAMBOANGA
AMOY
ANGEOR
BATAVIA
COMPARISON
Mortgage Department, 1930-1931
Amount Commission
Earned $122,316
Market
Year
Amount
1930 10,052,040 1931 19,194,867
Value of
Property
$18,662,000
34,075.565 56% 9.33%
Value loaned 54%
rate 9.18%
Average Average Interest Commission
% 1.215% 0.765%
Excess Interest. over 8%
118,614
255,291
$373,905
€269,141
373,905
146,825
Earned above 8% paid to Debenture holders- 3643,046
Of the above mortgages, there was assigned to investors:
1930 1931
6,532,660.00 313,223,545.00
A lower rate of commission existed in 1931 due to cheap money for the greater part of the year; from September, money commenced to tighten up. As it is we earned 1.33% interest in excess of 8% paid on our Debentures and 146,825 commissions. From the above it will be seen that our 8% Debentures are secured by first mortgages on 56.4% of value and backed up with 35,000,000 capital
Security plus Earnings
The natural laws of economices require an investor to secure the best return especially upon savings-trust funds-consistent with safety,
The China Realty Company is one of the oldest lestablished more than 20 years) real estate companies in Shanghai with a steady successful record back of it.
Capital $5,000,000 fully paid in cash. Business turnover 1931, 345,632,300 in land and mortgages only, which does not include management of estates, rent collections, insurance written, trustees for beneficial owners of property and sundry sources of income.
The Company are Realtors, not speculators in Real Estate.
The balance sheet as of December 31. 1931 shows
Assets
Land and Buildings
at cost
Cash
12,341,726.31
3,351,055.84
1,844,259.11
Mortgages on Real Estate
held by Company Des 31, 1931
$5,971.200 Total Debenture issue 4,840,700 invested in Mortgages and 1,130.500 by which it will be noted that all of the proceeds from Debentures are invested in Mortgages and 1,170,500 of the Company's capital.
In the past twenty years the Company has negotiated more than one hundred Taels in mortgages, all of which has been repaid, principal with interest.
If after careful consideration of actual facts and figures you are receiving less than 8% upon your investments and/or savings, you are not using judgement but following old customs, believing 5% and 6% are current`rates.
"The Real Estate Market Place of Shanghai"
--CUT OUT & MAIL TODAY
China Realty Company,
Secretary,
70, Szechuan Road, Shanghai.
Dear Sir.
Please send me without obliga tion on my part a copy of your Inst balance sheet and other information regarding your 8% debenture Issue. Name
Address
This is No. 42 of a series advertisements issued
to interest Hongkong investors in the liberal Investment opportunities offered by the China Realty Company. Shanghai.
CHINA REALTY
COMPANY
CAPITAL TAELS 5,000,000.00 FEDERAL INC., U. 5. A.
THE REAL ESTATE MARKET PLACE OF SHANGHAI -
$ 2.E CH
U
N
R D.
5 HA N. G H
NOTES SUPPLIED BY THE THEATRES
CHINGA
BRANCHES-Bombay. Calcutta, Callout BOMBAY Colombo, Hongkong. Singapore,
Madras,.-EkenEMAL CALCUTTA
DANTON Agencives—in all the principal towns of CAWNPORE the world.
CEDU
Genert Exchange and Banking Itualness transacted. Loans and overdrafts granted on COLOMBO approved security. Currant and Fixed Deposit DELHI Recount opened.
SAVINGS BANK ACCOUNT!-interest HAMBURG allowed a rates which may be obtained on JANKOW Application.
HARBIN
CREDIT HONGKONG
PENANG
K
TRAVEL LEND' LETTERS OF and TRAVELLERS' CHEQUES PASSENGERS' LETTERS for use only on board P. & D. and B.I. busincas transacted, Home Lino #træmera, and at Ports of Call.
Detits
OF CHEDIT
BINGAPORE SITIAWAN SOURADAYA
TIENTBIN
T. L. Forse DiG. Depair Ubabratan.
Hon. Mr. W. II. Dell J. &. Flummer, Ess A. R. Compton, B. T. II. I. Shaw, Za M. T. Johnson, Dag J. P. Warren, Bes
G. Miakis, Esq.
V. M. GRAYBURN, 14, ONIE MANAGER,
Forelan Exchange and General and Banking CALCUTTA
CANTON Current Accounta opened and
Fixed GHETOO Deposita received for one year or shorter COLOMBO periods at rates wilch will be quoted
A. FERGUSON,
Income Tax Recovered, Executorships and Trusteeships undertaken, #pplication.
W. J. WADDINGTON,
Manager.
SPORT ADVTS.
THE HONG KONG JOCKEY CLUB }
Hongkong. 9th July, 1932
THE HO HONG BANK LTD.
(Established 1917).
AIRSIN
Manager.
ILATHONG HAMBURG
HANKOW HARDIN HONGKEW ILOILO
fron
13. Queen's Road, Central. Authorised
Capital
HEAD OFFICE SINGAPORE.
Local Branch-
FOBE
Draft Programmes and Entry Forms for the Twelfth Extra Race Issued Meeting to be held on Saturday, Paid-up 22nd October, 1932, (weather per- mitting) may be obtained at the Reservo Liabilities Secretary's Office, the Club House, Happy Valley, the Hong Kong Club, the Sports Club, and the Stables, Village Road.
Entries close nt 12 o'clock
NOUN on THURSDAY, 13th Octo- ber, 1932.
By Order,
S. A. SLEAP.
Acty. Secretary.
I.LD. CERTIFICATES.
Of the Societe Internationale de Placements, Baale, (Local Agents Mesars. A. Goeke & Co.)
Saturday's feial quotation Inl Basle, excluding dividends accru- ed was £2-16—3d.
JOHORA
KOWLOON
BRANCHES -~
KUALA LUMPUR
LONDON
LIONS MALAGUA
MANILA MUAB (Jobore)
MUKUEN NEW YORK PRIPING
PENANG HANGOON BAIGON BAN FRANCISOS
SHANGHAI SINGAPORE
BOURABAYA
SUNGE PATANI
TIENTBIN
ΤΟΣΤΟ
TSINGTAO YOKOHAMA
Current Acogants opened in Local Curren and Flaed Deposite roostred for one year OF shorter periods in Local Currency and éterlin Straits $20,000,000 on terms which will be quoted on application,
Hongkong. 6th April, 1982,
8,000,000 4,000,000
of Shareholders
4,000,000 BRANCHES and AGENCIES in
HONGKONG SAVINGS BANK.
The Business of the above Bank in conductés by the HONGLONG AND SHANGWAI DANIC ING CORPORATION, Dukes may be obtaheed on application.
FOR THE HONGKONG AND GRANOHA)
the principal cities of the world.
Every description of Banking and BANKING CORPORATION.
Exchange business transacted.
CHƯA KẺH HAI
Manager.
行銀國中
BANK OF CHINA
Torgauired October 20, 1928, under special) charter of The National Government as an
INTERNATIONAL EXCHANGE DANK.
ubscribed Capital hear .$25,000,000.00 aid-up Capital Reserve Fund.
24,710,200.00 8,320,000.52
HEAD OFFICE:-SHANGHAI.
Ad
HONGKONO- BRANCH.
4. Queen's Road, Central,
Owing to our numerona branabea in China and large connections In the Important, com- mercial entres of the world, we are able to extend
our clients spesial facilites for Sómeetio and foreign banking and exchange.
of Zane Grey'a western romance playing at the King's Theatre We zao handle the issue of Dende and to-day, were relaxing around a big paber Publia Pundc of the Chings Govern-
fire of aromatic pine logs after ant uth at home and abroad,
exacting day on location.--Talk was
and a scrip holder lately from the
of course mainly about the pleture,
Fast had a difficulty. He wanted to know why the white woolly chaps he had always associated with Zane Grey heroes were not worn by George O'Brien the featured player. "When I play in a Montana story by Grey maybe I'll wear em, mister," answer-
JHOV. J. CHEN,
Маладет.
行銀西牘港香
THE BANK OF KWANGS).
(Hong Kong Draneli),
ed O'Brien, "but they don't belong in Authorised Capital Arizona. Like a lot of things the Paid-up Capitol cowboy's clothes are a matter of - geography, Seriously, it's time the
dime novel idea of the puncher's out-
it was corrected. If he worked on
a Wyoming or Montanu ranch, he'd
$10,000,000
$ 8,590,000.
Head Office: Nanaing, Kwangs).
Branches,
-Branches and Agencies in the
V. K. GRAYDURN,
Colof Manag
Hongkong, 27th February, 1812. NEDERLANDSCHEHANDEL MAATSCHAPPIJ, N.V: (Netherlands Trading Bockety).
DANKERS
ESTABLISHED 1824.
Dongkang Offca-11. Quem's Read, Candrak Authorised Cit
........P. 160.040.99€ 2. 80,030,00%
Paid-up Capila! Reserve, Fund
...... 29,015:500
In Opaskaateriaa
Kastern Head Odro-BATAVIA.
BRANCHIES |--Handjeðmæla. Vandorna."
Bamday, Galdita, Cheron Daber, Disajakarta,* Flague, Jelah, Kobe, Malan war, Medan, Pakalang, Tokar JOBBAT, VREME. Hangoon,
Borrabala,
Bisgapore, Borgakerta (Solo). Traak 135. Selam and 1967herzoden" *These alloro have safe deposit boxes to jak, London Bänkäres-Vational Provincial D
Corrependent all over the woski
DANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED
MARRETI 4. STOEXINE,
Hongkong, Kind June, 1932.
THE YOKOHAMA SPECIE BANH, LIMITED.
[Capital (fully quid up) .................T. 109,000,000
Reserve Pund
..Y. 118,450,000
BRAD OPPICH :—TONOMAMA.
Drapeber and Ageneice at
Alexandra
Honolulu
Rangoon
Batavia,
Ha! Yoen
nio de
Karschl
Bombay
Tobe
London
Canlon
Los Angeles
wear woolly chaps to keep his legs principal cities of the Kwangal warm during the bitter winters there. Province and Correspondents all over Down here he'd wear close fitting the world. Jeans, same as I have on, und „a anug
Hong Kong Branch. Jersey of flannel shirt, and a handker- Gloucester Building, 1st floor, Berlin chief, tied loosely around his neck so Des Voeux Road, Central. he could wipe the swent off his Ince Banking Business of every descrip-Calcutta without having to get the handker. tion transacted. chiet out of his pocket." Featured Cable and Radio Address No. 2800 Charchun Manila with O'Brien and Miss Churchill in Telephones: Manager 30112,Dairen (Dalny) Nugaraki this Fox presentation are Noah Beery Business 30113, Enquiry 80114..
Fangtion
Nagoya and Yvonne Pelletier.. Hamilton Muc-
(Haken) Newchwang Fadden directed.
Hamburg New York
"The Kalubow Trait." One of the chief dificulties always encountered by a motion picture unit when it goes out of location is the presence of spectators, No matter how well-intentioned, there curious
Hankow
PAK TSE KUN,
Manager.
CHANG CHAO TANG,
Sub-Manager Hongkong, 8th September. 1982.
Harbin Hongkong
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central,
Oils
Parla
Pelping
Janeiro
Ben Francisco Beattie
Semarang Shambl Bhimonosek
Slampars
Sourabaye
Bydney
Tantala Tokop Thingtan
Interest allowed on Current Accounta Depoalts received for fixed perioda at rates to be obtained on application.
1. MORI.
Manager.
THE BANK OF CANTON, LIMITED.
and interested people may he, they THE BANK OF EAST ASIA, LTD. Hongkong, 12th September, 1881, cannot help but get in the way from time to time, thus causing 'retaker' with attending loss of time and tem pers.
Director David Howard, how- ever, experienced no trouble of this kind in making Zane, Grey's "The Rainbow Trail," which opens next Tuesday at the King's Theatre. Tak- ing George O'Brien the star of the dlm, and his company to the floor Capital & Surplus over H$8,000,000 Authorised Capital of the Grand Canyon of the Colorado, Total Resources over H$40,000,000 Faldon Capital ho encountered exactly one stranger, o Indy artist living in the locality, dur
HONGKONG.
Hend
"BFTABLISHIKI) 1911.
Office:-Hongkong.
{Ramerve Pand
$11,000,000 8,000,000 2,150,000
Gaston, Shanghai, Elankow, thunbow. Bangkok, New Tork and fan Fine
ing the three weeks it took to shoot Every description of Banking BRANCHES:— the exterior scenes of the picture. and Exchange business transact- Dainty little Cecilia Parker plays op-ed. posite O'Brien in this film of the old
Current and Fixed Deposit Ae- LONDON BRANCHES---- west with Minna Gombell, Roscoe counts in local and foreign cur- Ates, J. Kerrigan and James Kirwood in the other featured roles,
"Delicious."
Janet Gaynor's appearance before.
The Lyện Dank, Limited. Correspondent is all principal eille of the Torsien Brabange and Dunking bocina et very desertation truseacted.
retriz resta) frame $5 to $4.
renties opened for clients.
Savings Account and Safe De-world posit Boxes.
Branches and Agencies all over.
a magistrate charged with unlawful the world. entry into the United States and infruction of the immigration laws, which makes her subject to deporta lights of Bellefous," Fex melody romance showing to-day at the Orton tal Theatre, in which the wieful little star shares honours with Charles Farrell. The picture is noto- worthy for George Gershwin's crea- Lion, "New York Rhapsody," symbolle of the magnitude, vigor, will-to-build and Innate cruelty of the groat Metropolis.
CINEMA SCREENINGS. Performs some of its most effective skillfully managed by the directors, manages to give up his life for some norial manoeuvres and that they are they are eminently successful. It ono. He has acted the same thing a photographed skilfully. Dirigibles happens, however, that for all the dozen times before; there is handly,tion is one of the dramatic high- ride through the clouds, planes land brilitance of serial spectacle ak a new trick in his repertoire, but miraculously on the deck of their photographed by the motion picture, somehow he makes the engaging half- enrrier, pilots wing their way in skil- a genuinely riels and racy perform wit ho portrays not only richly ful formations through the air, and, anca is somehow of more dramatic humorous but also, honestly touching, Wallaco Beory is of more help to when the exigencies of plot demand value. In "Holl Divers" Mr. Bleary "Hell Diver," How showing at the it, they force their ships into col plays one of those roles for which • "Riders of the Purple Bage.””
The stars were blasing like dia- Queen's Theatre, than the United Iisions that are both dangerous and he is properly celebrated, a drunken States Navy, anya a reviewer. It is oxclling. Men, planes, carriers and belligerent, good-for-nothing, with monds, in the deep Arisone aky nad Of The trus that the Navy, in assisting the battleships do their most gallant to hard fist, doubtful brain and a good the company of "Ridor" cinema to dramatize naval aviation, make the film pictorially thrilling and heart, who, in the end always Purple Bago,” the Fox film version
KAN TONG PO,
-Chief Manager.
BEPPU
EXPERT MASSAGE.
No. 308; Nathan Road,
-2nd Floor KOWLOON.
M
LOCK TOONG SHAN.
Chief Manager.
|ASSEUR R. SHIMIDŽU..
ASSEUSE S. HONDA, ASSEUSE 5. KISAKI.
Recommended for many years by Government
Civil Hospital, Peak Hospital, etc., and by all the lor Docteru,
-+----------
Burešt, Tel. 21945.