IN INVERSE RATIO

THE HONGKONG TELEGRAPH.

WEDNESDAY, MAY 3. 1933.

LONDON STOCK NEW YORK STOCK

PRICES

EXCHANGE

SOME KAFFIN ISSUES YESTERDAY'S MARKET

IRREGULAR

The following quotations on the London Stock Exchange have been received by Messrn. Swan, Calbertaon and Frita in conjunction with Reuter, The market: Business is disappoint ing. The markets irregular.

Chinese Bonds

Apr. 29

are

FIRM

P & O BANKING

According to Biceste. Swan, Cut CORPORATION LTD

.£3,000,000 2.494.100 190.000

BANKS.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter 1833.

HEAD OFFICE LONDON,

bertson Am Fritz, the New York market was firm yesterday. Busi

The Authorised Capital ness done: 3,000,000 shares. Wall Street Journal reports:The Subscribed and Fald-up somewhat report of favourable Western carload. serve and inge strengthened railroad stocks. and This affected all other stocks. caused a lato rally of the entire list,, Leaderball Street,, London, F.C. 3. Reserve Liability of Prapricions after the market had dropped con

WEST END BRANCH, siderably due to heavy profit-taking.

Dow Jones Averages:

THE less you will leave in cash

and liquid securities the more life insurance you should own to prevent a foroed sacrifice of other

usasis.

If you live to enjoy the sunset of He, the smaller your savings the greater your need for income Insurance. Let us program your Insurance requirements today.

MANUFACTURERS LIFE

INSURANCE COMPANY

BLAD OFFICE

TORONTO, CANADA

Branch Manager:

MR. E. J. R. MITCHELL,

Asiatic Building, Hongkong, Tel: 20601, Canton Representative:--Mr. V. E. FERRIER, 2. French Concession, Shameen.

1913 (Ldn. Iss) £ 70% 6% Bonds 1925-47 £ 90% 5% Shal-Nanking

Riy.

Rly.

5% Bhal-Hang- chow-Ning po

Rty... £ 08-70 £08-73

B% Konan Rly.

5% Hfgkuang Rly.

1011

| 5% Lung Toing

Foreign Bonds and Hanks

German 70%

Internat. Loan 1921

Japan 5% Sterling

Loan 1907

11/- 70/3

77.70

33.48

25.73

76.76

HEAD OFFICE.

14-19, Cockapur Street, London, B.W.I.

Madras,

30.08

Agenclest--In all the prizelpal town of 20,03 the world. 77.03

Paid-up Capital Reserve Pon?....

£3,000,000

·*... 1,000,000 .. 2,000,000

AGENCIER AND DRANEDES-

ALOR 'STAR HONO

SAIGON BEMARANG

BRANCHES-Bombay, Calcutta, Calicut, AMRUTHAR May 1. May 2.

77.20 Colombo, Hongkong.

Shazia BANGKOK Ringapore

RATAVIA BOMBAY General Exchange and Hanking Base CALCUTTA May 1. May 2. transacted. Lonna and overdeata Kranted on CANTON

approved security. Current and Flied Deposit CAWNYORK secounts, opened.

CEBU SAVINGS DANK ACCOUNT :—Interest 1234llowed at taire which may be obtained on COLOMBO

DELJN application.

TRAVELLERS' LETTERS OF CREDIT HAIPHONG and TRAVELLERS' CHEQUES jasued.

OP PASSENGERS LETTERS

CREDIT for use only on board Y. à 0. and 8.1. Home Line steamers, and at Ports of Call,

British Income Tax Recovered, Extreuronship and Trusteeshipa undertakra.

W. J. WADDINGTON,

tron KARACHII KLANG RODE

SEREMBAN SHANGHAI BINGAPORE SITIAWAN SOURADAYA TAIPING

Foreign Exchango and General and Bank- Ing business transactvi.

HONGKONG AND SHANGHAI BANK CORPORATION,

Authorised Capital Tuned and Fully-Pak-up

Neserve Funda;--

Starting

Allver

$30,000,000 20,000,000

£4,500,000. $10,000,000

Reserve, Llability of Proprietors $20,000,00)

HEAD-OFFICE:--HONGKONG.

NOARD OF DIRECTORS,

T. E Pearce, Falk,

Chairman,

T. 1. R. Staw Fan..

Deputy Chalıman,

W. II, Bell, Erg.

A. II. Compton, Eig. R. J. Dodwell, a lion. 317. C. Q. 8.

buckle.

€ Mishin, F. ten,' Mr, J. J.

Paterson.

J. A. Plummer, Ext.

N. MURPHY, E4g, ACTING CHEF MANAGER,

BRANCHES :-

LONDON

LYOND MALACCA

MANILA

May 1

44% Bonds 1808

(Eng. Is.) ... £ 99% 414% Loan 1008. £ 73 5% Loan 1912 .. £ 43 5% Reorg. Loan

£ 98%

£ 74

# 43

30 Industrials

20 Ralls

£ 70%

20 Utilities

£ 07

40 Bonds

KUALA

LUMPUR

£33-18 34-38

5% Tlent-Pukow

Rly.

£ 12-22 £ 12-22

Allied Chemical &

Dyo

KUCHING

Tient.-Pukow

£ 12-22 £ 12-22

Allie Chalmers American Can American Smelting 20

Tel. American

90 0142 12 81%

МАВЛАН

MANILA

TIENTHIN TONOKAJI

814 20

MEDAN

NEW YORK

HAMBURG

PEITING

£10

£ 5-10

Tel. American

Tobacco

"B"

100%

81%

00%

8112

HANKOW HARBIN HONGKONG

(Thing)

(Phuket) TSINGTAO YOKOHAMA SAMBOANGA

PENANG RANGOON

AMOY

BANGKOK

£ 22-26

£23-27

American Water-

ΠΑΤΑΡΙΑ

works

10%

21

BONDAY

Anaconda Copper ..

1234

123

CALCUTTA

MUAR JOHORE)

MNECT.

U. Hai Rly. 1013

10-18 10-15

Auburn Automobilen

45%

46

Baltimore & Ohio

13%

15

Bethlehem Steel

25

26

Borden Company ..

31%%%

31%

THE MERCANTILE BANK OF INDIA LIMITED.

Current Accounta opened and Fized Deposits received for one your of sporter periods at rates which will be quoted on application,

Canadian Pacific

£ 67% £ 671

Case 1.

Railway

13

1414

3.1.

67%

G75%

Head Oro-15. Gracechurch Street, London, EC. $.

A. DREARLEY,

Manager,

CANTON CHEYCO COLONDO DAIREN FOOCHLOW HAIPHONG

JUHDEN

NEW YORK

TEIPING PENANG

RANGOON SAIGON

HAMBURG

Japan 6% Sterling

Chase

Loan 1924

A 77 £ 77

Chesapeake

Case National Bank 24%

67%

67

HANKOW

SAN FRANCISCO SHANGRAI

Authorised Capital

.£3.000.000

HARRIN

24%

Bubscribed Capital

1,000,000

HONGXEW

Cor

Paid-up Capital

1,050,000

poration

211/4

2314

Bearer Fund and fest

1,240,716 |

Industrials & Breweries

Chrysler

17%

275

ILOILO IPOK JOHORE

Associated Elec.

Columbia

Gas

Industries

(15/9 16/

Electric

1016

184

Brit.-Amer. Tob.

93/9

04/44

Consolidated Gas of

New York

40%

6134

BIANCHES-

Chinese Eng. &

Corn Products

70%

71%%

Min.

23/0

26/-

A.I.B. 26.

J. & P.

Coats

47/9

48/-

Drug Inc.

43

421⁄4

DALATIA

Bangkok

Trunk

Courtaulds

27/6 27/9

Du Pont de Nemours

54

5315

Inmobay

Howrah

Kuantan

Madras New York

Kamang

Authorined Capital Pald-up Capital

Eastman Kodak ..

011⁄4

67%

Calcutta

Kandy

Rangoon

Reserve and Undivided Profits..

Distillere

63/7%

53/0

Dunlop Rubber

22/3

Everready

28/-

281-

22/14

Electric

Blond

Colombo

Karachi

• Shunchal

Delhi

Kota BL

Slain

Share

18%

18%

Galle

Kuala Liph.

General Electric

19%

10%

Hongkona

General Elec.

41/6

22/-

Guinnesa

85/3

85/-

General Foods

32

31

Seattle

Impl. Chem. In-

General Motors

21%

21

dustries

24/0

24/4%

General

Railway

Impl.

ol, Tobacco

Signal

24%

20%

92/3

94/~

Gold Dast

194

19%

International Tea

Stores ...

27/0

27/10/2

Goodyear

Tire &

Rubber

28

28

Manila

Bellearne

Khanghai

Магдай

Singapor

Surabaya

New York Osaka

Telbuku

Tientsin

Amay

Datarin

Bombay

Calculto

Farin

Priping

Internat. Nickel

$ 17

$ 17%

International

Penant

27/0

27/0

Cement

16

unq.

24/0

International

24/8 2073

vester

33

334

J. I. ROSS.

Manager.

Vancouver

Yokuhama Kuwlonn

Rangoon

Salgon

Swatow

Sydney

Miscellaneous

International Nickel 13%

10

Anglo-Dutch Burma Carpa. Rs.

10

11/0 11/0

International Tel. &

Tel.

1154

Canadian

Pacific

Rly.

11/10 12/-

$ 1412 163 Charld, 16/- sh..

16/3 16/6 Gulo Kalumpong

Rubber

Lace Proprietary

Miner

anglaagte Estates

Johns Manville....

28

11% 27

Socony-Vacuum

Corporation......

105%

1

Kennecott Copper 10 Lehman Corporation 59 Liggett & Myers

16

Southern Cal. Edison 201

20

583%

Standard

& Gas

KAN TONG PO,

Electric

12

1234

Chief Manager.

Loew's Inc.

80% 15%

Af

Standard Oil Co. of

Paid-up Capital

15%

N.J.

344

324

12/0 13/3

Montgomery Ward 22

2214

Texas Corporation

16

15%

67/6 68/1

Rubber Trusts ... Shal. Elec. Constr. 49/- GO/- Van Ryn Deep ..

36/-

28/- 28/6 17/8 17/0

Сая

National City Bank 29% New York Central. 25% North American Co. 20 Pacific

20

Texas Gulf Sulphur 20

20%

THE YOKOHAMA SPECIE BANK LIMITED.

Reserve Fund

..$11,000,000

8,065,000

1.159,000.

27

Union Carbide

23*4

Carbon

331

331

Union Pacific

784

8214

...Y. 110,760,000

Electric

244

24

United Aircraft &

36/8

Pennsylvania Rail-

road

Trans

2791

27%

2112

23%

United

Свя

Qila

Public Service of

Improvement

17

17%

Alexandria

Kangoon

N.J.

42

44

U.S. Steel

474

47

Reynolds Tobacco

Universal Leaf

Oktavia Berlin

Karachi

Rio de

Kal Yuen

Janeiro

017104 50/6

Bumbay

Kobe

San Francisco

#!

40

39%

Tobacco

$14

82

Calautin

London

BestLio

£ 17% 10%

Scars Roebuck

25

24

Westinghouse' E. &

| Canton,

Los Angeles

Jomazank

Shell Union

可刷

6%

ML.

36

30%

Changchun

Haplia

43/1 40/-

Dairen (Dalny) Nagasakl

Simmons Company. 9%

9%%

Woolworth

3341

36%

Capital (fully paid up).......Y. 100.004,090 Henervo Fund

HEAD OFFICE!—YOKOHAMA. Braneties and Agencies at

Hongkong

Honolulu

J'elping

Sydney Волгабага Shankhal

Khimoncark

Interest allowed on Current Accounts.

Droits received for fixed period at rate i to be obtained on application,

II. HORL

Honkong, 11th Maren, 1933.

TRANCHES 2----

Canton, Shanghai, Ilankow, Swalow, Bangkok, New York and San Fran elaco,

| LONDON BRANCHES(—

The Layd's Band, Limited Correspondents in all the principal cities

of the world.

Foreign echangs and Danking business of every description traceacted.

Bale

Deposit Barn (vari nises) xt rearly rentat from to $10.

LOOK POONG BHAN.

Chief Manerer.

THE NEW FRENCH REMEDY. THERAPION NO.1- THERAPION NO.2 THERAPION NËS

No 1 for plader CALASTA. Ro,ilian Bimod a

Tin Jn. Chemists, Owutiker Ne DALBELPRO Man Ça Haverstock R&,3,W,Son DR.LE OLEAD & PILLS for the Liver Kwakkidneyeáblander

BANKERS.

The flank of England & Midland Bank. Lid.

Singapore

Kala Lumpur SovrahaFD

HONGKONG BRANCH,

Haneken. 17th November, 1032,

THE BANK OF EAST ASIA, LIMITED.

Head Office: Hong Kong

KONE KOWLOON

No. 10 Des Voeux Road, Central. XVALA LUMPUR

Established: 1918

KINGAPORS

COURABAYA

RUNGE PATANI

TIENTSIN

TOKYO

TSINGTAO ТОКОНАХА

Current Accounts opened in Local Cur rency and Fixed Depon received for one Local Currency -$10,000,000.00 year or shorter periode In

5.68.000,00 and Berling on terme which will be quoted

en application 2,312,000.00

Hongkong. 25th April, 1005.

BRANCHES AND AGENCIES San Francisco Londen

Every description of Itanking and Exchange Semarang bunners traniacted.

Travellers Cheque (saard.

TRUSTEE AND EXECUTORSHIPS

UNDERTAKEN.

Interest allowed in Currsat Accounts and Toro Fixed Deposits at Rats that may be ascer taineil on appiration.

Canton Kaiphons

Henkow Honolulu Kebe

Correspondents in all the principal cities of the world.

Every description of Banking and Exchange bine trensarted. Loans rooted op proved securities.

Rate Depealt Boxes' To let.

HONGKONG SAVINGS BANK.

The Business of the above. Bank Se con. ducted by the HONGKONG AND SHANO- HAY BANKING CORPORATION. Bake, may be obtained on application

FOR THE HONGKONG AND RHANGIA! BANKING CORPORATIÓN.

L. N. MURPHY, Acting Chief Manager. Hongkong. 20th April, 1933.

THE BANK OF CANTON. LIMITED.

ESTABLISHED 1912.

Head Omer-Hongkong.

Authorised Capital

Germs cause Disease and Death

IZAL

KILLS GERMS

Many " Disinfectants "' don't.

Sole Agents:-HARRY WICKING & CO. Stocks Carried.

Hongkong.

Pinchin Johnson

Turner & Newali 24/9 Unilever

Argio-Persian Oil 38/- 83/-

Burmah On Royal Dutch

Shell Trans.

Trad.

You owe it to Yourself to

INVESTIGATE

FRESH WHOLESOME FOODS — ALWAYS

EASILY MADE FROZEN DESSERTS

AUTOMATIC OPERATION.

LONG YEARS OF SERVICE .

COMMODIOLIS SHELFSPACE

EASILY CLEANED PORCELAIN INTERIOR

the

Westinghouse

REISS, MASSEY & CO., LTD.

7, Queen's Road, Hongkong. Tel. 28009.

Shameen, Canton,

W

Dual automatic Refrigerator

The responsibility of serving healthful food to your children, your guests and all who partake of your table rests squarely with you. Ask yourself, "Can I afford to run the risk of serving in my home improp- erly refrigerated foods-possibly tainted?"

YOU ARE RUNNING THAT RISK -unless the foods served at your dining table are kept fresh and wholesome in a modern refrigerator.

Outstanding among these modern refrigerators is the Westinghouse. Investigate. Come in today.

ICE CUBES

The Westinghouse.

makes loc=

lots of it- in clear, convenient cuber.

ASK ABOUT IT

Yengtien

Nagoya

(Mukden) Nowekwana

Hamburg

New York

Bingapore

Hankow

Osaka

Harbin

J'arin

Tokyo

Thinktan

Masager.

THE

HONG KONG

PENINSULA HOTEL:

HONGKONG HOTEL; REPULSE BAY HOTEL: PEAK HOTEL

SHANGHAI

ASTOR HOUSE; PALACE HOTEL:

HOTELS

LIMITED.

In association with the Grand Hotot das Wagons Lits, Peking

A

first class

Hotel

Penang

The Scenic Gem of Malaya

Modern throughout and beautifully

Situated

Runnymede Hotel

Malaya's Premier Hotel

Food and Wines especially good.

AFTER-DINNER DANCE

Every Thursday & Saturday-Orchestra Daily..

CABLES "RUNNYMEDE" RUNNYMEDE HOTEL, LTD.

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