THE HONGKONG TELEGRAPH. FRIDAY, JULY
The "SPALDING"
"H" Type
U.S. NATIONAL WEALTH
FALLS $115,000,000,000
Tennis Ball IN FOUR YEARS
is the ideal ball
Now York.
The national "wenith" of the United States fell $115,000,000,000
for Hong-Kong from 1928 to 1933 estimates the
DURASLE and CONTROLLABLE
SPALDING
TENNIS BALLS
Distributors for Hong-Kong
GILMAN
and Co.
COMMODITY EXCHANGE, INC.
81 Broad Street
ANNOUNCES
New York
thar as of today it affers the combined facilities of the recently merged.
New York Hida Izakango, Jag. • Rabber Exchange si New York, Inc.
National Masa) Exabargo, lat.
Madlena) New Zik Echange, Ina.
For trading in Futures in
RUBBER, SILVER, SILK, HIDES
COPPER and TIN
The merger of the four Exchanges creates one central market oo which forces of supply and demand are centered, thus providing not only a broader market, but one which offers the greatest con- veniences for traders and dealers in each commodity. The futures contracts to be traded in on COMMODITY EXCHANGE, INC. are the same as those heretofore traded in on the constituent exchanges. The integrity and the usefulness of these contracts have already been established by an annual volume of trading #ggregating many hun- dreds of millions of dollárs in value.
Amang the advantages which this consolidation offen are the following:
1--An increased value for hedging operations to the producer,
desler and consumer,
2-A broader market through the concentration of active treding
in several commodities on one floor. 3-Enhanced liquidity and greater facility in financing operations. 1-Concentration of buyers and sellers from all sections of the world in one market-place, tending to establish true represen- tative values in price terms of the commodities dealt in. Erilarged and more serviceable facilities for all who are inter- ested in the marketing of the several commodities.
All trading is conducted on one floor, and complete facilitis are provided for prompt execution of orders. "Quotations
will be carried over ont sicker.
Commodity.
HOURS
Filter Rubber
Tin
Opening
10:00 A.M.
10:10
10:15
12:10 M. 11:35 A.M 11:0 12:00 M.
Cliving Saturday Closing
3:09 P.M.
7:30
3:00
7:43
3:00
zerrt
FOR TRADING
Copper
• Hides
Jerome Lewine, I
10:20 j0:73 10:30
OFFICERS
J. Chester Cuppin 30
Pooling Getli, Vier Pratidana
11:43 A.M.
12:00 M.
Ivan Reidler, Vice Prezident Charles laughtes, Pics Provident
Floyd Y. Keele, Trininter
Edward L McKendrew, Vice President Waites Dutton, Sorary
Leo Arnstein
Haruld I Bache Robert Didenhop William E. Bruyn
1. Chester Coppis Henno Elkan Paulino Getli Addon B. Hall 1,1lenty Hirsch
Baer & Matka, Ciment
BOARD OF GOVERNORS
Frederic Huntington
John L. Julian
Milton Katzenberg Floyd Y. Keeter Jerome Lewine Kao C. L
Irving J. Louie Frank W. Love Edward L. McKendrew Fraser M. Mođst
Charles Muller
Fra Reitler Marcus Rothschild Paul A. Salembier Armand Schmoll, Jr. Charles Slaughter Douglas Walker Martin 1. Wehocke Charles T. Wilson
National Industrial Conference Board.
The national "wealth" in 1932 was put at $247,000,000,000 in 1929 it was $300,000,000,000, National "wealth" means the dollar value of the country's physical assets~~~ land factórica and other tangible goods.
Year to year fluctuntións do not accurately measure the wealth of tile nation in terms of its physical unita, but give instead the estimated dollar value of these unita according to the prices for they might theoretically have been sold in the different years.—Router.
|KUOMINCHUN DEFIES
NANKING.
RECAPTURE OF DOLONOR
Peking, June 30, General Fang Chen-wu, through the mouth of his representative declared to-day that his forces recaptured Dolonor on June 23 and that they were now occupy- Ing Kuyuan, between Kalgan and Dolonor.
This report absolutely lacks confirmation, but it is regarded as possible that Dolonor is now in Chinese hands should the report prove true of General Liu Kuei- tang's return to the Chinese fold from Manchukuo.
General Lia has been control- ling the Dolonor and Kuyuan area, and if he has really turned over from Manchukuo, then Delonor passes automatically into Chinese hands but
of not as a result General Fang Chen-wu's netivį- ties.--Reuter,"
Hey Hey !1
Floor
Numbers
Shanghai's favourite.
Entertainer
AL BALDWIN At the MAJESTIC Every Night in the Wook.
Starting Saturday, July 6th Don't Miss Rudolf Firmi's Hit "Indian Love Call"
In Roal Indian Costume Або
J
Negro Spirituel Numbers
Hits that have been roquested a bundrod limes over
NOW at the MAJESTIC (Upposite Govt. Radio Ofice)
SHARE PRICES.
TO-DAY'S QUOTATIONS
7
1939.
The following is the lat of local P&O BANKING share quotations issued to-day :-
Banks.
H'kong Banks, $1815 a. H'kong Banks, London £134 n. Chartered Banks, £161⁄4. n. Mercantilo Bank, A.
£241⁄2 n.
CORPORATION LTD
BANKS.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Meral Charter 1883.
Authorised, Capitel
.**,000,000 Babecribed and Pald-up ........................... MEDI,100 B. Reserve Fund ....
136,000
BRAD OFFICE-LONDON,
Taid-on Capital ..... Reserve Fund spraken
Korcantile Bank C.. #9% n. East Asia, $101 b. Am: 0. Finance Corp., Sh. $20 n. China 0. Fin. Ord., Sh.$5.40 n. China O. Fin. Prof. Sh.35.00 n.
Insurances.
Canton Ins., $9121⁄2 b.. Union Ins., $570 8. China Underwriters, $2.10 0. China Fire, $595 n. H.K. Fire Ins., $270 sa. International Assce, Sh. $4.7b u. Shipping.
Douglas, $32,60 n. H.K. Steamboats, $18 n. Indo-Chinus, (Prof.), $80 n. Indo-Chinas, (Def.), $321⁄2 n. Shells (Bearer), 55/- x div. Union Waterboats, $15 n..
Mining.
Benguets, $38 n. Kailans, 88/0 n.
Langkats (Single), Sh. $17
n.
S'hai Explorations, Sh. $314 n. S'hal Loans, Sh. $6.40 n. Raube, $10% b. Venz: Goldfields, $5 n. Benquet Exp, 28 cts, n.
Docks, etc.
H.K. Wharves, $130 n. H.K. Docks, $16 b. 8. China Motors A., $10 a. S. China Motors B., $8 n. Providente (old), $3.05 n. Providents (new), $1.45 n. Hongkows, Sh. $384 n. New Engineerings, 8h.$8 n.
Lands, Hotels, etc.
H. & S. Hotels, $7.65 b H.K. Lands, $76% b. S'hai Lands, Sh. $32 Metropolitan Lands, Sh. 314. n. Humphreys, $14 n.
H.K. Realties, $8 b.
m
Asia Realtics "A" Sh. $140 n. Asia Realties "B" Sh. $20 n. Chinese Estates $97 n. China Realtles, Sh. $14% n. China Debentures Sh.$187 n.
Cotton Mills.
.
Ewo Coltons, Sh., $15 b. S'hal Cottons, Sh. $109 n. Zoong Sings, Sh. $14% n. Wing On Textiles (S) $98 n.
Public Utilities, Tramways, $22.20 . Peak Trams, (old), $150. Peak Trams, (now)..$7% n. Star Ferries, $92 b. Yaumati Ferries (old), $27 8. China Lights (old), $13.15 ̊ b. China Lights, (now), $12. II.K. Electrics, $73.65 an. Macao Electrics, $38 n. Sandakan Lights, $101⁄2 n. Telephones (old), $30.30 n. China Buses, Sh. $111⁄4 n. Singapore Tractions, 1/- n. Singapore Prof., 18/-n.
Industrials.
Malabon Sugars $16 n. Cald: Macg. (old), Sh. $20 n. Cald: Macg. (Prof.), Sh. $16 n. Canton Acos. Đồn
Cements (Com.), $63⁄41⁄4 n.
Cements (old), $6 n. Cements (new), $1 n. H.K. Ropes, $9 n.
Stores, etc.
Dairy Farms, $28.40 s. Watsons, $10 s.
Der A Wings, $1 n. Lane Crawfords, $4% sa. Mackintoshs, $21 n. Sinceres, $14 n. Wm, Powells, $2.10 n. Wing On (H.K.), $185 n.
Miscellaneous. Amusementa, $121⁄2 n.
......48,000,000 ..................... 8,806,000
HEAD OFFICE. 17-133, Leadenhall Birsel, London, 1.0. B. Roerve Liability of Proprietara .. 1,000,000
WEST END BRANCH, 14-16; Ceckspur Stræt, London, B.W.L.
1,
AGENCIES. AND BRANGELES
SAIGON
BRANCHER ----Dombay, Caïeutta, Callest, ALOR STAN ILOILO olombo. Hoogkus, Madras,
Shangha), | AMRITSAR Blugapors.
Amencim-In all the principal towns of BATAVIA the world
DANGKOK
DOMBAT General Exchange and Banking Business CALCUTTA transacted. Loans had overdrafts granted on approved security. Current and Fixed Deposit, CANTON
Mostraata opened.
KABADDI
KLANO
HBOX
LUMPUR
KUALA
CATHFORB KUGHING
∙MADRAS
MANILA
MEDAN
SAVINGS BANK ACCOUNT 1-Interest | GADUS allowed at rates which may be obtained wa COLOMBO application,
DELHI TRAVELLERS" LETTERS OF CREDIT HAIPHONG |and TRAVELLERS' CHEQUES broed
HAMBURO OF FASSENDERS' LETTERS
ORIENT for use only on board P. 4_0, and 11. HANKOW Home Line atanzara, “and at Ports of CalS HARDIN
British Income Tax Recovered. Executorships and Trusteeships undertaken,
W. 2. WADDINGTON,
Manager.
THE BANK OF EAST ASIA, LIMITED.
Head Office: Hong Kong No. 10 Des Voem Road, Central. Established: 1918
Authorised Capital .....................
| Paid-up Capstai
$18,000,000.00 5,698,650.00
BEMARANG BEREMBAN BHANGHAI SINGAPORE BIMAWAN SQUBADATA TAIPINO TIENTSIN
TONGKAH
(Užsket)
NEW YORK THÌNOTAŬ
HONGKONG. TANGOON
HONGKONG AND SHANGHAI BANK CORPORATION.
Authorbed Colla! ..................... $68,900,000 Zaobed and Fully Paid-up C [Reserve Funde
Sterling ............. & 6,506,000 Allyar Sun,.......... $18.000,400 Beserve Liability at. Pragciotoes £29,000.
“SIRAD-OFFICE)—HONGKONG, BOARD OF DIRECTORS.
T. E Ponzio,·Ela."',
Chairman,
T.EL & Dew>100.
· Deputy Chairman,
J. K. Bold,” Iha G. Mikis, Mou 4. II. Comogyben, 204. Ben, Mr. 2. 7. B. II. Dodall, 190** PatersORL
Mackie
J. A. Flenmeż, Buž
L. N. MURPHY, ENG, AUTING CHIKT MANAGER,
PRIPING
YOKOHAMA
(Paking) ZAMBOANGA PENANG
AMOY
HANGIOL
BATAVIA BOMBAY
CANTON
Foreign Exchange and General and Bank CAZGUTTA. |ing businese İransactić.
Current Accounte opened and' Pizad CHIEVOO Deposita esived for one year or shorter | COLOMBO perioda at selee which will be quoted on DAIREN application.
A. BEKARLET,
Hongkong, 17th Novámber, 1833.
L
MADRESY.
THE YOKOHAMA SPECIE BANE, LIMITED.
FDOCHOW HAIPHONG BAMBURO HANKOW
DARDIN
BONGIEW ILOILO
IPON
JOHORE
Reserve and Undivided Pročia .. 7.312.000.00 Capital (fully paid up) ........ 10.000.000 KODE
BRANCHES AND AGENCIES- Ban Francisco Landon
Amoy
Seattle
Batavia
Semarang
Bombay
Shangbal Singapore
Gourabaya
Mantia
Malbourne
Nagmaaki
New York Osaka
Parte
Feiptas
TeDang
Vancouver
Rangoon
Yokohama Balgon
Kowloon
Triboku Tientsin Tokro
..... 113,750,000
Reserve Fund
FHAD OPTION1-YOKOHAMA. Branches and Agencies at
Alexandria
Konolata
Rangoon
Karachi
Rio de
Janeiro
--
Calcutta Canton Ha!pboar
Hankow Honelalu Kobe
| Batavia
Eleriin
Bomber Calcutta
Canton
Kai Ten
Kabe
London
Los Angeles Manila
Dairen (Duing) Hazsaaži
Bwato
Sydney
Changchun
Venation
(Mekdon)
Hamburg
Hankow
Correspondents in all the principal nitten | Herbin
of the world.
Every description of Banking and Exchange bunless transacted. proved securities,
Loans granted op
Enfo Depoelt Box
To Lat
KAN TONG PO.
Chief Maung UE
H.K. Entertainments, $11 8. S.C. Enterprises, 331⁄4 n. United Theatres, Sh. $4 n. Macao "Greyhounds,” $10 n. Constructions (old), $8.00 n. Constructions (now), 31 n. B. Ind. & $ Bonds, 77% n. H.K. Govt. Loans, 4% b. Prem. Wallace Harpers, $8 n.
BUTTERFLY
DANCING ACADEMY
The Most Cool & Airy Place with Excellent Music,
Nos. 63-65, Des Voeux Rd. C.
Side Entrance by Lift,
Top Floor.
Tel. No. 26770.
Haugkang
Nagoya
Newchwang
New York
Ovaks
Paris
Palping
Ban Franciaco
Beattle
Bemarang Bedner
Sourabaya Shanghai Shimonose)
Singapore Tokyo
Tiantain
Thingiso
Interest, allowed on Current Accounts. Deposits received for fixed periods at reten
IL MORI,
to be obtained on application.
Hongkong. 11th Maren. 1993;
Manager.
ULM'S ACCIDENT
SECOND LONG HOP ATTEMPT FAILS
London, July 6.
A forecd landing at Lyons spoiled the Australian flyer, Uim's, achlov- jing a second long hop to Heston from Rome, at which place he arriv- ed from Aleppo yesterday.
He telephoned the Ileston uoro- drome to send an engineer to do the necessary repairing to bla machine.
HOWLOON
FRANCHES----
KUALA LUMPUR
LONDON LYONS
MALACOA
MANILA
MUAR (JOHOR):
TORE
ALPING
PENANG RANGOON
BAIGON
SAN FRANCISCO
SHANGHAI
* SINGAPOJUM
BOURADATA BUNUH PATANI TEENTRIN TOKYO
TRIKOTAO ХОКОДАМА
Current Accoujita opened in 100) Pu rency and Stand Deposita received fon TT or shorter periods in Look! OurENCE and Bierling on fame which will be "ancind on application.
Hongkong, 18th April, 1982,
HONGKONG SAVINGS BANH
The Dual of the abere lank is som dueled by the LONGLONG AND BRANG- HAI DANKING CORPORATION. Ruled MAY be obtained on approsilon.
FOR THE HONGKONG AND' SHANGHAI BANKING CORPORATION.
L. M. MURPHY, Action Chief Managri.
Hongkong, 28th April, 1938.
THE BANK OF CANTON. LIMITED.
ESTABLISHED ́1923.
Head Office:---Hongkong,
Authorhed Capital
Paid-up Capital ... Heat Food ***** BRANCHES-
«321,000,000
1.159.000
Canton, Shanghai, Kaskow, Bwalow, Bangkok, New York and Ban Fran eland
ONDON BRANORUM.
The Lloyd's Band, Limbed, Careerpondents in all the primalpal 'either of the world.
very demaription tritonested.
Foreign Exchange and Banking bustnom at
Bafe Deposit. Bozen (various aluna),,
Ulm has been attemping'a record ||suarly rental from $3 to 140, from-Australia to England. Ret
Lor.
LOOK POONG BHAN,
"Tilst Manongi.
SWAN, CULBERTSON & FRITZ.
Investment bankers and brokers in ascurities and commoditics. Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markets. Afembers of:
New York Cotton Exchange.
Chicago Board of. Trade.
Commodity Exchange, Inc.
(Silver, Rubbor, Silk, Copper; Hides and Tin),
COMING TO THE CENTRAL
LILLIAN HARVEY
份
URATON
and
HENRY GARAT
IN
“CONGRESS DANCES”
The Sensational
AIR COOLED
·AIR CONDITIONED
QUEEN'S
AIR CONDITIONED THEATRE
Hongkong's Premiere Theatre!
Rushed from Broadway for the opening of
the Grand Theatre Shanghai, where people saw It,
60,000
HELL BELOW"
METRO'S MIGHTIEST TRIUMPH
IS COMING, TU
Tolophones 27258, 27270,
Correspondents for Hayden, Stone & Co.
Cable Address: Swanstock, Asia Life Building, 14, Queen's Road, Hongkong.
NEW PRICES
OF
BRUNSWICK RECORDS.
$2.00
(Loss - 10% Discount for Cash)
ALL THE LATEST DANCE TUNES.
TSANG FOOK PIANO COMP
9,Ice House