SHARE PRICES

́TO-DAY'S `QUOTATIONS

The following in the list of local sharo quotations isɛned to-day:

Banks

Hongkong Banks, $1680 b. Hongkong Lon. Reg., £115 n. Chartered Bank, E13, n. Mercantile Bank, A.

£23% 2.

Mercantile Bank C., £91⁄2 n. East Asia, $108 m.

Am: 0. Finance Corp., $28 n. - China O. Fin. Orq., Tis.ë n. China A. Fin. Prof. Tls. 4.60 m.

Instrances.

Canton Ins., $1300 b.

Union Ins., $500 s.

China Underwriters, $2.80 n.

China Fire $620_n.

SUGAR MARKET

THE LATEST CABLED QUOTATIONS

The following cable at the close of the sugar market yesterday has been received by Messrs, "Pen- troath and Co.

London Terminals March 5/2 up d. May 5/3% up 2d, August 5/61⁄2 up 1⁄21⁄21⁄2ð. December 6/10 up 3⁄41⁄4d.

Buyers at above prices, sellers asking d. d. more,

New York Terminals,

March 72 up 2 pts. May 77 up 2 pts. July .83 up 3 pts." September 88 up 3 pts.

Cuban 06-Spot N.Y. 77 up 2

H.K. Fire Ins., $1800 b. International Assce, Tle. 4.15 b. pts.

Shipping Douglas, $27.

H.K, Steamboats, #23 n. Indo-Chinas, (Prof.) $45 n. Ido-Chinas (Def.), $82 n. Shell (Bear), 49/41⁄2 n.° Union Waterboats, $2934 b.

Mining.

Benguote, $18% n. Kailana, 25/11.

Langkats (Single), Tls.4 n. S'hai Explorations, Tis.2.10 m. B'hal Loans, Tis.2.30 m. Vens: Goldfields, $4.20 n. Benguet Exp., 23 cts. n.

Docks, etc.

H.K. Wharvce, $142 sa. H.K. & Docks, $24 n.

S. China Motors A., $10 n. S.. China Motor B., $8 n. Providents (old), $4.75 b. Providents (new), $1.90 b. Hongkows, Tla. 225 n. Now Engineerings, Tis.0.20 n. Shanghai Docks, Tls.95 n.

Lands, Hotels, etc.

Hotels (old), $10.65 b.

Hotels (now), $10 b.

H.K. Lands, $70.35 b.

)

S'haf Lands, Tls. 20 n... Metropolitan Lands Ta. 10 n. Humphreys, $161⁄4 n. II.K. Realties, $8.05 b, Asla Realtics "A", $140 u

Asia Realties "B", 828 D.

m.

Chinesa Estates, $98 b. China Realties, Tls.11.40 n. China Debentures Tis.09

Cotton Mills. Ewo Cottons, Tis, 14.55 b. Bhat Cottons, Tls. 70% n. Zoong Sings, Tis.11.76 b. Wing On Textiles (5.)-120 n.

Public, Utilities.

Tramway, $20.50 b,

Peak Trams (old), $15.60 b. Star Ferries, $95 b. /

Yaumati Ferrien, (old), $8411⁄2 ¤. Yaumati Ferries (new), 388.76 n. Chinn Light (old) $15.00 1, H.K, Electric $76 b.

Macao Electric $27 n. - Sandakan Lights, 312 n. Telophones (old), $80 n. Telephones (new), $26 b. China Buses, Ms.10 n. Singapore Tractions, 2/- n. Singapore Pref. 12/- n.

Industrien.

Mainbon Sugars $2711⁄2 n. Cald: Macg. Ord.), Tls.14 n.

Cald: Macg. Prof.), Tis.10% a. Canton Ices, $6 n.

Cementa (Com.), $12.55 n.

call paid.

Cements (ald, $8.80 n.

Cements (new), $4 n.

call paid.

I.K. Ropes, $121⁄4,b. Agriculturala, $7 n.

Stores, etc.

Daily Farms, $20 mi. Watsons (old), $12.76 m. Watsons (new), $11.40 n. Der. A. Wings, $i n. Sinceres $15.25 n.

Lane Crawfords, $5.40 n. Mackintoshs, $21 n. Wm. Powells, $2.85 r. Wing On (ILK.) $225 n.

Miscellaneous. Amusements $16.50 n. Entertainments, $13.40 n. S.C. Enterprises, $3% n. United Theatres Tls. 5.25 b. Macao "Grayhounds," $10 n. Construction (old), $6.10 n. Construction (new), $1.40 n. B. Ind. G. Bonds, $69% 0. Wallace Harpers, $10's. China-Sports Ltd., $10 n.

THE HONGKONG TELEGRAPIL WEDNESDAY, JANUARY 4, 1933.

GORDON'S

ARE GIVING A

MOST LIBERAL DISCOUNT

DURING THE

SALE

WHICH COMMENCES ON

SATURDAY

WORTH WHILE WAITING FOR!

LONDON STOCK PRICES

MARKET GENERALLY

FIRM

Jan. 3. 95.9/16 17.30 14.0244

EXCHANGE RATES

Jan 2.

Park

.85.17/82

Geneva.

.17.33%

Berlin.

.14.02%

Helsingfors.

228

Onlo..

Athena. Mijan

.10.13/32

635 .05.3/10 The following quotations on the London Stock Exchange have been re- Buenos Aires...Nom.

Holiday ceived by MeASTA. Swan, Culbertson Shanghai.. and Fritz in conjuction with Reuter. New York.. The market generally ruled firm yes- Amsterdam. terday, but chief activity has again been confined to South African mining tasucs.

Dec. 30. Jan. 3. Brit-Amer. Tob. 103/0 103/D Japan 6% Ster-. ling Loan 1907 Japan 6 Ster- ling Loan 1094 69% Shat-Nanking

Rly.

5 Tlent-Putow

Rly.

Tlent-Pukow

Rly. (Sup).

BANKS.

P & O BANKING THE CHARTERED BANK OF HONGKONG AND SHANGHAI

CORPORATION LTD

Authorised Capital

| Bulwerfbed and Padma

Bewerte Reserve Psd

INDIA, AUSTRALIA'& CHINA.

BANKING CORPORATION.

Blatlay

wa

,

Escorpsented by Royal Charter 1868. --

BRAD OFFICES-LONDON.

Authored Capital Lened and fully Paid-up

Reserva Pun

1.866,000.00

21,040.400

45,000,000 | Pald-up. Diptial

$334,350 || Botervë Fund Ante

180,000 Reserve Liability of Propešetors

AUENDIES AND DRANCIES

££ 1,000,000

25,710,000

$,000,000 1,000,000

BAIGON

EEKARANG

BEREMBAN

SHANOHAL'

BINGAPORN

BITLAWAN

HEAD OFFICE-

117-122, Landenhall Eireet, London, C. & ALOR STAR ILONA

IPOE

WEST END BRANCHLE 16-18, Goskapsz Street, London, BWL

LUMPUR - .8OURADAYA

AMRITSAR BANGKOK

KANADIIT

DRANCHES ----Dombey,

Colombo, Hodsons, Madre, Bingapore.

Agencies ----In all the principal the world

BATAVIA BOMBAY Callest, Shanbal, DALOUTTA

CANTON towns of CAWNPORE

CIMU General Exchange and Banking Business | COLOMEG transacted, Loans, and overdrafte gmented on DELL

KUSTOVAČ Baxrity. Current and Fixed Deposit scopenia apred.

KLANG

Calents,

хови KUALA

KUCHING

MADRAS

MANLIA

MEDAN

BAVINGS BANK

TAIPING TIENTAIN

TONGKAN (Bhuket)

NEW YORK TSINGTAO PEPING -TOKOHAMA

(Peking) ZAMBOANGA FENANG

HAIPHONG ACCOUNT—Internet ELAMBURG allowed at rate which may be obtained o6 JANKOW application.

HARDIN TRAVELLER LETTERS OF CREDIT HONGKONG RANGOON and. TRAVELLERA' CHEQUEg larmed.

PASSENGERS' LETIZEN OF CHIEDIT: for new, smile on board 7. & D. and DL Horns Line steamers, and as Ports of Call'

British Income Tax Recovered. Executoralism and Trostesshiga undertaken

W. J. WADDINGTON,

Manager,

THE BANK OF EAST ASIA, LTD. Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central,

HONGKONG."

Capital & Surplus over H$8,000,000 Total Resources over H$40,000,000

Every description of Banking and Exchange business transacted. Current and Fixed Deposit Ac- 630 counts in local and foreign cur 85.3/14 rencies opened for clients.

228 10.13/32

Savings Account and Safe posit Boxes.

Hewerve Liability of Proprietora -26,060.500

TRAD OFFICH|-HONGWONG

BOARD OF DIRECTORS.

Hon. Mr. 3. J. Pabrnen,

Uhairman.

T. Feroe Med.

Drysty Chairunni

Hon. Mr. W. H. Bell, J. A. Phunstner, |A. IL. Compton. Heg. T. E. N Chaw, Xos

M.. T. Jokazori, Mog. J. F. Warrel, Ho

0. Mikin, J.

Y. M. GRAYBURN G CHE MANAGER,

AMOT

BANGKOK

DATAVIA

BOMBAT

Foreign Exchange and Ganera) and Banking CALCUTTA Curtant Accounts OpenAd and Fixed CANTON

quoted on CHIEFOO

|Depoelia psovived for one year or aborter

periode at rai which will be application.

Миларет.

Hongkong, 17th November, 1882,

行銀國屮

BANK OF CHINA

OGLOMNO DAFREN

TOOCHOW

RAIPHONG

HAMBURG

HANKOW

HARDIN

HONGEW

ТРОП JOHORE

BRANCHES.

LONDON ZTONS MALLOGA

MANILA

MUAB (John) MURDEN

NEW YORK

PETING PENANO

HANGOON

KAIGON

SAN FRANCISCO ΕΠΑΝΟΠΑΙ

BINGAPORE

BOURAGATA

SUNGHI PATANI

TIENTSIM

TVYKO

THINGTAO

YOKOHAMA

Racrganised Üctober 20, 1928, under special | KOME

charter of The National Government GE ES

KOWLOON INTERNATIONAL EXCHANGE DANK | KUALA LUMPUR

Current Accounta opened in Local CurTEREY $28,000,000.00 Subscribed Capital

24,710,200.06nd Fixed Deposlis received for one year

shorter periods In Loes! Carrency and Sterling Paid-up Capital [Beserve Funds

120,503.32 on terms which will be quoted on applicatiɗi

Hongkong, ich Appell. 199Z.

BEAD OFFICE, SHANGHAJ. HONGKONG BRANCIL.

4. Qors's Iload, Central, ..... HEI

HONGKONG SAVINGS BANK,

The Baalnew of the above Bank is conduct

by the HONGKONG AND SHANGHAI BANE»"

Owing to our numerous branchen, in Chias|ING CORPORATION, Nnies may be obtained and large connections in the important common application, De-mercial centres of the world, we are able to

FOR THE HONGKONG AND SHANGHAI

extend to our ellants pofal facilities for ¿domestiɑ and foreign, banking and exchange. BANKING CORPORATION,

We also handle the seat of Bonds and

Branches and Agencies all over other Fuhllo Funda of the Chinese Goren-

424

Holiday

3.3376

B.31

Vienna. Prague.

28

28

112%

112 the world.

Madrid. Bucharest

41

30.15/16

KAN TONG PQ,

602

505

Chief Manager.

Hongkong. Holiday

1/84%

Bruds... .24.10

24.10

SLO £60

$70-3% £60

£40-45 £40-45

£27-32 £27-32

Stockholm. .18.35%

18,374

Copenhagen,

19.29

10.294

Lisbon

∙100%"

100%

RID

.5%

1/6.3/10

1/0.3/10

.1/3

1/3

29

Lonn) s £26-30 £25-30

0% Shal-Hang-

Bombay.

Yokohama.

Montevideo.

Montreal

War Loan..

.3.77%

3.753

98.11/16

chow-Ningpo

kly.

£78-83'

£78-83

Belgrode ...245 Silver (apol). Silver (forward).-

246 104 16.0/10

British Wireless.

5% Hukuang Rly.

1911

£26-30

5% Honan Rly... £ 6-10

£20-30 6-10

5% Lung Tsing

U. Hal Rly. 1913

General Elec.

(England)

38/0 38/0

Eles, & Mukical

£15-19

25/-

£15-19

Industries.

11/-

25/

Turner & Nowall

24/0

25/0

Canadian Pac. Rly. $20%

$21

Unlover

11/8

31/3

Vickers

770

7/0

Shai.

Elec.

Woolworth

72/9

Constr.

53/-

53/

Ford Motors

18/3

Burmah Oil

02/0

03/1

Anglo-Persian Oil

40/-

Dunlop Rubber

20/3 20/3

40/-

Mexican Eagle

714%

717%

Burma Corpn.

10/-

Royal Dutch

£18-

£19

Anglo-Dutch

0/74

Shell Trane. &

J. & P. Coats

48/-

48/3

Daily Mail Trest

Trad.

36/3

307-

Imp. Chemical

Courtaulde

25/0 26/0

07/0

97,6

Swan Culbertson & Frits

Investment bankers and brokers in securities and commodiiiss

Daily New York and London Stock Exchange Service

Commodity Futures on the principal American markets

Members of New York Cotton Exchtinge

Members of National Raw Silk Exchange Inc., New York Members of The Rubber Exchange of New York, Inc. Members of The National Metal Exchange, Inc., New York Members of Chicago Board of Trade

"

Correspondents for Hayden, Stone & Co.

Cable Address; Swanstork Asia Life Building, 14, Queen's Road.

Chinese Eng &

Min.

Industries .. Imp. Tobacco

Telephone 27253

BOYS, MAKE

SURE YOU

GET

MECCANO

THIS

NEW YEAR.

Hongkong.

Make this Year one to remember. Start Meccano model-building,

the most enthralling hobby in the world for boyal

Meccano models are real engineering models in mininture, built with real engineering parts. Even the smaller Outfits will build hundreds of models. For instance, the No. 1 Outfit, is accompanied by a Manual of Instructions that shows how to build 573 different modols-realistic working models of Cranes of all kinds, Aeroplanes, Motor Cars and Think of it a now model ovory day for more than eighteen Vans, etc.

for from monthal Even then the possibilities of the Outfit exhausted, for you can invent acores of other modela quita eaally and build them up on correct engineering principles.

You must have Meccano this Yearl Meccano Limited, Liverpool, England.

W. R. Loxley & Co., Agonts.

pro

Supplies Obtainable From all Leading Stores.

MECCANO

MAN HING

TAILOR

PERFECT FIT GUARANTEED.

No. 6. D'Agullar Street.

Tel. 20780.

Eveready

Pinchin Johnson

10/4%

9/0

40/44 50/71%

32/0 02/-- 28/1% 28/1

20/- 20/3 1/0

Pekin Syndicate 1/0

SECURITY

N. Z. Perpetual Forests, Ltd. urges investors not to lose aight of the elements of investment- aecurity of principal and certainty of yield. It stresses the fact that the price of a security must de- pend upon the conditions inside the issuing company and the trade and the conditions outside them. There is nothing else for it to depend upon.

When you are a holder of N, Z. Perpetual Forests, Ltd. bonds, you become the freehold owner of one undivided acre of land in respect of each bond purchased. The planting of this acre with ap- proximately 680 trees and their for 20 years-or maintenance. until you instruct your Trustees to cut at an earlier date. Your Trustees receive £8.6.8 of each fully paid bond.. The Company's provision for maintenance reallantion of the plantations (In- cluding funds. in possession of the Trustees for the Bondholders, £589,000) exceeds £1,000,000. The 30 bonds-payable instalments-have an estimated value of £250 after approximately 12 years. To date over 85,000 investors have taken advantage of this growing industry, represent- ing £3,600,000 capital.

and

by

Full particular of this attrac- tive investment from:-

N. Z. PERPETUAL FORESTS, LIMITED.

Asia Life Building.

14, Queen's Road, Central, Telephone 27624. Hongkong.

A.P.D. 14.

ATriodi and True Friend "I look a fright with my red nose and watery eyes, but -I know Hentholatum rubbed on my chest and throat and applied to my, nostrils will soon to- Hare this nasty cold. It also soothes BAY beadaches and...

MENTHOLATUM

a bever without

mest both at home and abroad.

SHOU J. CHEN.

BAAAAKON.

行硗西廣港香

THE BANK OF KWANGBI

(Hong Kong Branch).

Authorized Capital

Paid-up Capitāl

$10,000,000 $ 3,500,000 Head Office: Nanning, Kwangs!,

Branelies. Branches and Agencies in the principal cities of the Kwangsi Province and Correspondents all over the world.

Hong Kong Branch. Gloucester Building, 1st floor, Des Vocux Road, Central..

Banking Business of every descrip- tion transacted.

Cable and Radio Address No. 2308 Manager 30112. Telephonen: Business 30113, Enquiry 90114.

PAK TSE KUN,

Manager. CHANG CHAO TANG, “

Sub-Manager. Hongkong, 8th September. 1932. THE BANK OF CANTON, LIMITED.

ESTABLISHED 1912.

Head Office:-Hongkong. Authorised Captál

Paid-up Cap{{4}

Reserve Fund

BRANCHES (~

V. M. GRAYBUMN,

Chief ManagU. Hongkong, Bih Fibrmary, 1928.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V. (Netherlands Trading Bociety).

BANKERS.

ESTABLISHED 1824.

.P. 260,000,000

.. 50,000,000

Hongkong Oisces-11 Queen's Road, Can (OR).

Authorised Capital Paid-up Capital Rovere Fund

.r. 20,018,000 Band Offen-Amatørdam.” Eastern Bad OEco-BATAVIA. [BRANQUES (—--Dand‡edmaain, Bandong

Bomber Calcutta, Oberibon, Djebar,

Th T{nlein. Hague, Jeddah, Kobe, Makna, sar, Medan, Palembang, Paks longer. PenaDE, Rangoon, Rotterdam,* Bamarang, Shang haf, Blagspore. Sorriban, Soeragaria (Bola), Team, T♫ Latap and Weltevreden.❤

•These officer have safe deposit boxer le Inh London Baskemi-National Provincial Back Ltd

:

Correspondents all over the world.

BANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED.

A. STOKKINK

Manager.

Hongkong, 22nd June, 1982.

THE YOKOHAMA SPECIE BANK, LIMITED.

|Capital (fully paid to) .............T. 109,599.000 Reserve Fang.

.............X. 118,489.0gé

HEAD OFFICE:—TOKOHAMA. Branches and Arenolas ̧st'

Honolula・・ Hanroos Kanch!

-11,000,000

8,848,000

1,100,000

Alesandria

Batavia

Barlin

Canton, hinchal, Hankow, Bwałów, Bangkok, New York and San

slaco

cisco.

LONDON BEANCHEA÷––

די

The Lord's Bank. Limited Correspondents in all principal estles of the

world.

Foreign Exchange and Banking business of wvery description transacted.

Bafe Deposit Boxes (various slam) at m FANTY Tatal from $5 to $10.

LOOK POONG SHAN,

Chief MassEST.

THE MERCANTILE BANK OF

*INDIA LIMITED.

Head 016, Gracechurch Birzet, Lenders, E.C. *.

Authorised Capital

Bubscribed Capital

Paid-up Capital

Reserve Fund and Rest

L BANKERS.

£3,000,000

1,800,000 1,080,000

1,217,927

The Bank of England & Midland Bank, Ltd.

BRANCHES Kíoyssh

Ipob Kuantan

Penang Kaurion

Datavis

Madras

Flankkok

New York

Bombay

Calentia

Kandy

Colombo

Karachi

Kota ibara

Dell

Galle

Hongkong

Shanghai

Bimin

Kuala Liplu Bingapore

Kuala Lumpur Bourabaya HONGKONG BRANCH,

very description of Banking and Exchange business transacted.

Tellers Ubeque 'fasued.

TRUSTER AND EXECUTORSHIPS -*

UNDERTAKEN.

Bombar Calepita

Canton

Kai Ten

Kobe

Lundan

Bão de

Sap Trico Beattle. Los Angeles Barang

Bydsen

[Changchun Kagita

Naxoys

Shanghai Bhimonosed

Dairen (Dalny)Nagasaki

Fenation

(Mukden)

Newchwang

Hamburg

New York Eingeste

Ilankow

Tokyo

Paris

Tinteta

Falping

Txingtan

Harbin

Hongkong

Interent allowed on Outrenă Accounia.

· Deposita received for fixed period at reta to be obtained on: application,

II. MORL

Kungkong, 17th September, 1932.

THE HO HONG BANK LTD.

(Established 1917).

HEAD OFFICE:—SINGAPORE.

Local Branch-

18, Queen's Road, Central. Authorised

Capital

Issued Paid-up

13

Reservo Liabilities

of Shareholders

Straits $20,000,000

8,000,000

4,000,000

4,000,000

"

BRANCHES and AGENCIES in the principal cition of the world.

Every description of Banking and Exchange business transacted.

CHUA KEH HAY,

Kanager.

Inter allowed in Current Accopula and) — Fixed Depolis^at Nates that may be ateur- Lained on application.

J. D. RO85,

Manager.

MASSAGE

Mr. & Mrs. Y. MORI Holdor of Japanese Governmen? Curo Sprained Ankle & Wrig

·LICENCE®

4, Wyndham Street, 1st Floor". Telephone 26051. Hongkong

WHEN AT HOME

The

Hongkong Telegraph.

MAY BE PURCHASED AT

SELFRIDGE'S

LONDON WALL

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