1930-10-23 — Page 2

Page

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital

$85,000,000

Imond and Yully Paid-up $30,000,000 Beer Funde

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1859. HEAD. OFFICE: LONDON,

1

Autling. -------- Blitar

,500,000

Herve Liality of Proprieto #30,600,000. READ OFFICE: HONG KONG.

BOARD OF DIRECTORA:**

J. A. Plummer, Eng.'-

Chatman

Non. . . . . Micha. Deputy Chalmenas.

W. I, Ball, E. Man. Mr. J. J. Pauman

A. II. Compton,, ET. E. Ferce, Ext

B. Lasder Lowie, Esq. T. II. . Bhaw, Esq.

a. Mukio. Reg.

ANOY

BASOKOR

BATAVIA

DOMDAY

J. P. Warros, Esq.

Chief. Moringar.

V. M. Gayuh, Esq.

BRANCHES

Paid-up Capital

£3,000,000

Reserve Fund

.£4,000,000

Resorve Liability of Pro-

prietors

.£3,000,000

Agencies and Brancher:

ALOR 'STAR

KUALA LUMPUR

(Malay Heaton)

AMRITSAR

BANGKUK

DATAVIA JOMBAY

CALCUTTA -

CANTON

CAWNTORE

CEIL

COLOMBO

DAINEN (Dalay

Heuth Hauchuris)

DELI

HAIPHONG

HAMBURO

KANKOW

HARDIN

-IN. Manekurin)

LONDON

LYUNS

MALACCA

MANILA

11.DILO

MUAR (Jaharet

Jok

MUXDEN

NAGANASI

CALCUTTA

CANTON CHEFUR Beratho

DAIKEN

FOCHO%

NEW YORK

BAIPHONG

RAMBERG.

HANKOW

HAUBIN

НОХОКЕЯ

(2) (خبر)

*PON

JONGRE

KOBE

KOWLOON

KUALA LUMPUR

PEIRING

PENAND BANGON

alfin

SAS PRANCISED

SHANGHAI

KINGAPORE

SOCHABAYA

HUNUEL PATANI TIESTRIE

TOKYO

TSINGTAO

YOKOHAMA

Gurmat Accounts opvoed in local Currency Lad Fixed Deposita receited for our scorter periods in Local Currency and starling Date which will be quruta in application. Hong Kong. Lt April, 1930.

HONG KONG SAVINGS BANK,

The Busion of the above link canduoi- ed by the HNO KOKO AND SHANGHA BANSINO CORPORATION. Helse may be abcsized on application.

YOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.

V. I. URAYBURN,"

Hong Kong, 18th July, 1900,

• Chief isMINE.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

*(NETHERLANDS TRADING SOCIETY)

BANKERS,

Established

Hong Kong Ufice:-11, Queen's Bond Cantial, Authorised Capital Glider 150,000,000.

LE 11,500,000, Paid-Up Capital

Quilders. 80,000,000 tet.co.1701 Eserve Fund

- Guilder 40,015.000 (2:7,004,582)

Head Office:--AMSTERDAM” Easter en Dffice:-BATAVIA.

BRANCHES:-Dandrasin, Badong", Bombay,

Calcutie, Chertben, Djember, jok jakarta, bo itaque, Jeddah. Kobe, Futa Stadia, Makan, Medan, Pada Palembang, Pekalongan, Tunang. Pontianak,

Ragoon, Botserdam", Fangbal, tolp Bourbals,

Samarang",

(uma). Singapore,

Neerakeria (Solok Tegal, Tilaap and Welcouden.

• There ofice baro sala deponit bosen to lot: London Bankers-National Fiorinaint Denk Lid.

Correspondent all over the world

Banking business of avery description; transatl

+

A. STOKKINK,

Acting Manager.

Home Kang. 18th Augual 2030,

BANQUE DE LINDO-CHINE

HEAD OFFICE:

96. Buulevard Hausmann. Paris.

Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital ...Frs. 68,400,000.00 Reserve Funds ...Fra.102,000,000.00

BRANCHES:

Bangkok Hong Kong. Quịnh ca

Selgon Battambang Hue

Shanghai- Mengtze Canthe Canton Nam Dinh Singapore

Thanhea

Djibouti

Neumea

Fort-Bayard Papeete ་ ་

Tientsin

Peking

Teurane

Haiphong

Hankow

Hanoi

Phom-Penh Vịnh

Pondicherry Yunnanfu BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So clete Generate,

IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.: Comptoir National d'Escompte de Paris; Credit Lyonnals.

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor. poration; Guaranty Trust Co. of New Tork.

1UNO ROKO

KARACHI

KLAKO

KONE

KUALA KASBAB

(Frak P.M.A.)

KUCHING

MADRAS

MANII-A

MEDAN

NEW YORK PEKING PENANG PESHAWAR KANUDON

SALOON

SEMARANG

RELEMBAN

RILANGITAL

SINGAPORE

HOURADAYA

TAIPINO (S.) TAYOY

TISKIBIR

TOKYO

TONOKAI (Phuket) TRINO140 YOKOHAMA ZAMUDANGA

(Philippine Islands) Foreign Exchange and General Banking business transacted.

Current Accaunts opened and Fix. ed Deposits received for 1 year or shorter periods at rates he quoted on application.

THE

CHINA MAIL.

and Hotel Strathcona

Commerce

Finance

RETURNING SPIRIT OF slump was over, and whether the

OPTIMISM.

Insurance. Prices and Yields.

a

time had arrived for laying in a little stock. The bears answered the latter question in the affirma- tive.

'Insurance Shares.

VICTORIA, BRITISH COLUMBIA

Make this Hotel your headquar-· ters while visiting Victoria, B.C. Ideally situated and withlu easy accels to all, the famous Beauty Spots in and around Canada's Island Resort,

The Hotel where personal service makes your stay enjoyable.

RATES MODERATE.

RADIO

TO-DAY'S PROGRAMME.

One of the leading firms ot Stock Exchange dealers suggests, In reply to our query as to what It is as though someone had taken shall be done with money realised Stock Exchange sentiment by the from the sale of British Govern- shoulders and wrenched it rightment securities, that it may be

it turning

from the profitably turned into insurance round,

shares. There is a good deal to prospect of deep depression to

The following programme with cheerfulness be anid for the exchange, because vista of optimistic (stated a special correspondent of one need not be able to see very be broadcast to-day from the the Financial Times on August far through a brick wall in order Hong Kong Broadcasting Station 28). The atmosphere of the House to realise that insurance com 2.B.W. on a wavelength of 355 became yesterday like that of one panies and banks are two Institu- metres: of the earlier rooms in a Turkish tional branches of finance bath. The thermometer left off at which the investor's money cannot

possibly come to harm.

which will 79.

A. H. FERGUSON, Hong Kong, 8th January, 1929.

Authorised Issued

(Established 1917.)

CAPITAL:

| Paidzuj g

Reserve

Liabilities

Being in the consol market, it was among the few things in the House which falled to close at the

Manager.top.

Rumour rioted richly. One re port said that a Coalition Govern- that the Royal Dutch and the Shell THE HO HONG BANK, LTD:ment is in contemplation; another Companies were to issue a favour uble statement with regard to the which statement Straits $20,000,000 all position,

8,000,000 would be this morning in the 4,000,000 hands of the proprietors. Another said that the Belgian 4,000,000 of Shareholders

2,520,000 Bankers had reduced their require Surplus

ments for margin to the extent of HEAD OFFICE: SINGAPORE. Branches. Agencies and Correspon-fourth. In the industrial mar- being smitten dents in the principal cities of the ket the bears were

hip and thigh. Business became world.

Every description of Banking and

more active too.. The Blue Buttons Exchange business transacted,

were dashing about all day, with TAN ENG HOOL,

wires in one hand, handkerchiefs in the other.

THE

INC.

"

Manager.

Head Oce: 65, Broadway. New York.

rumour

"Stil?" Good. There was no stopping the rise AMERICAN EXPRESS COMPANY, in Home Rails. Royal Dutch were in feverish demand from Amster dam. The Cape gave higher prices for all its recent favourites and the Rhodesian Copper group kept step with the rise in Kars. The cheery Staveley Iron dividend was quoted as evidence of a possible recovery in trade, Not for many been a long day past has there such a complete twist round in conditions.

Capital Surplus

Reserves

Amsterdam Antwerp Ashana

Burkin Biarrit

.U..$6,000,000 .U.S.$1,572,454 U.S.$1,908,200

BRANCHES:--

Dunca (lasgow 12mburg

Bombay

Bramen

Interlaken Jerviniam Lido

Brunsole

Buanes Airi

Lufidon 1.Iverpoot

Calro

Lucerne

Caloutta

Igant

Село

LHOT

Delotaba

C'mantople Copenhagen Edinburg Florence Gonza

Mamellice Blogte Carto

Manila

Munich Nontreux Milan

Nice Naples Mikeus Iria STRADE Teklog J'alercoo foliordani Bome

Si bloul Shanghai Scuthampton

Tientsin Vientia

Vasina

Yokokaza Zurich

Branches of American Express Company In Principal cities of Unit- ed States of America and Canada.

It was noticeable that Stock Ex- change men said to one another as. they left the House at four o'clock; "prices are still good."

Bear-Baiting. Everybody knows that it re- quires but a breath of support, to bring in part of the bear account, and, in addition to this, there must be reckoned at the present time the close attention of a number of people watching for indications that the slump, long protracted All classes of Commercial Banking as to have become almost a com- monplace is approaching its con- Transactions undertaken.

clusion.. Personal

The question heard round the House yesterday was not so much: do with "What ought people to their War, Loan?" as another, which inquired whether or not the

handled.

investment

accounts

The Company offers to intending Travellers the use of its "Travelers Cheques" and Latters of Credit and, in addition, the world-wide services of its thoroughly equipped TravelDo partment.

Affiliated with

THE CHASE NATIONAL BANK Resources Over G$2,500,000,000

E. W. DUGGAN,

Manager.

THE BANK OF CHINA,

THE BANK OF CANTON, LTD.

· Established 1912.

Head Office:Hong Kong. Authorized Capital LX. Camacɔ} @11,000,000 8.80.100 Paid-up Capital

1,000,000

A

#

Reorganised October 26, 1928, under special charter, of The National Gov- Interest allowed on Current Acement as an

INTERNATIONAL EXCHANGE counts and Fixed Deposits according

to arrangements.

BANK.

Every description of Banking and Subscribed Capital Exchange Business transacted.

Safe Deposit Bores to let

ALECOT.

Manager

Hong Kong, 1st May, 1929.

THE YOKOHAMA SPECIE, BANK, LIMITED.

Fatablished 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fund..... Yen 113,500,000 Head Office: YOKOHAMA Branches and Agencies at:" Alexandria

Batavia Bombay

Baenos Aires

(Temporarily. closed).

Calcutta

"Cantón

Changchun.

Nagoya -Newchwang New York Osaka

Peking

Rangoon Klo de Janeiro. Salgom Dairen (Dalny's San-Francisco Fengtion (Makden) Seattle,

Bamburg

Hankow

Harbin

Hong Kong.

Honolulu

Kal Toen

Establi

Bobet

London

Los Angeles

Semarang Shanghal

App Shimonoseki

Singapore Bodrabaya.

Interest Johor

Debslits ric fred:

Hon Kone 10th Sapta

Fald-Up Capital

Reserve Funds

BRANCHLES Canion. Shanghai, Unikow, Swatów, Bangkok, New York and Ben Pinnic

LONDON BANKERS

red.

The Lloyd's lank,

CORRESPONDENTS tail priccizai chilee of the World. Pareigt exchange and backing buslawn of wary description tunnected.

Sala Deposit Boxes fearious siroel at a your's pe of from thì to $15.

LOOK POONG SHAN,

Chief Manager. Hong Kong, 14th May, 1980.

ir 5 p.m-European Programme

Moutrie & Co., Ltd. of Records supplied by Messrs.

Operatic-

Creatore's Band (35815-A).! Cavalleria Rusticana (Mascagni Cavalleria Rusticana (Mascagni),

Vol Lo Sapete (1348-A) Maria Jeritza (Soprano).

Maria Jeritza, Soprano. Tosca-Vissi D'Arte, Boheme-Racconto di Rodolfo,

He can buy the shares, in either, with the certainty of security. In the insurance ilst there is more elasticity, if I may say so, than there is in that for banking shares: more likelihood, that is to say, of increased dividend distribution, of profits and so forth.

Modest Returns.

Enrico Caruso, Tenor (6003-4).

1

Carmen-

Love is like a wood bird, Near the walls of Seville,

Marguerite D'Alvarez; Contralto (1115-A).

Of course, the immediate retort already arises that prices are standing very high as compared with the yield which the shares Gems from "Robin Hood",

The fully-paid shares of afford.

Union, for Commercial the instance, at 22% pay 34 128. 8d. Alliance at 184 give £4.168. Phoenix at 13% pay £5 0s. 11d, Yorkshire at 12%, 4165. 2d Pearl. at the same price, £5 18. 2d. One can add Eagle Star shares at 11, giving £5 38. 34. as a promis- ing member of this group.

on

Mixed voices with Orchestra,

Vieter Light Opera Co. (35784-A), Musical Comedy:

Mixel voices with Ore Song Gems from "Countess Maritza", Genus from "The Desert

!

Victor Light Opera Co. Mixed voices with Orchestra, (35809-A).

Genus from "Princess Flavin"

Mixed voices with Orchestra, I am mentioning only the fully-Gems from "Dearest Enemy".

Mixed voices with Orchestra,

Victor Light Opera Co. paid stares; with the partly-paid

(35760-A). there may be an opportunity for dealing later on. The partly-paid Selections from "Good Newa",

Victor Arden-Phil Ohman and their Orchestra, with give a slightly better return

When one comes to

Male Chorus (36918-A). the money.

6 p.m.--Kiddies' Programme.- shares such as Rayals, of £1 ench with 10a, paid, offering no more.At the Fair." than £4 38. 4d. per cent. on the money, the yield looks unduly modest, though probably Royals Old Time Songs, are as cheap from the long-shot

Pukce-okee-Oh, point of view as any of the others. What did the Village Blacksmith say?

Stock Exchange Commission.

G.30 p.m.--Variety.

Jack Hilton and His Orch. (1081).

Leonard Henry (3013-B).

A number of the Liverpool Another bedtime story (Cindrella), Stock Exchange writes to say that he thinks that commission small bargains should be in circumstances divisible, and the ilttle scale which he proposes is:-

5s. brokerage on transactions!

below £20.

10s, between £20 and £100. £1 for those over £100.

Wish Wynne (3127-B). on Over the Garden wall,"

John Henry (3085-B). no

She shivering; why is the bacon so tough,

Leonard Henry (2888-B). 7.10 p.m.-A Concert. Overture:

Peer Gynt Suite,

Song:

Victor Symphony Orchestra (35753-A).

Robin Adair, The Last Rose of Summer,

He expresses his assurance that if the whole of the commissions on small bargains were retained In fuli by the stock-broker the benefit would prove to be a 'very marked Trio: one. The client would be, course, unaffected by any change.

Frances Alda, Soprano (1188-B).

Love's old sweet song,

Di

such

Song

IMPERIAL SMELTING

CORPORATION'S FIRST BALANCE SHEET.

London, Sept. 23. The first balance sheet of the Imperial Smelting Corporation, formed last year to take over the National Smelting Company shows that the total lesued capital of the new company is £4,494,766, of which £2,069,809, is in preference shares and £2,424,957 in ordinary shares of £1 each, This, of course, is a considerably larger capital than that possessed by the The company, comments

old

$25,000,000.00 THE BANK OF TAIWAN, LTD. Times to-day,

.$24,710,200,00

.$ 3,820,503.82

HEAD OFFICE: SHANGHAL.

HONG KONG BRANCH:

1, Queen's Road Central

Owing to our numerous branches in China and largo connections in the Important commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds and other Public Funds of the Chin

at home and eae Government both abroad

SHOU J. CHEN?:,

Manager. Hong Kong, 5th March, 1920.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperia? Charter, 1899.

Central Bank In Formées.

of the Imperial The assets Smelting consist of investments in and advances to subsidiary companies, the former amounting

Neapolitan Trio (Violin, Flute and Harp) (35766-A).

The Little Silver Ring, Bird Songs at Eventide,

Violin Solo:

John McCormack, Tenor (1303-B).

I hear you calling me,

Renee Chemet (1291-B). Duet:

Tales of Hoffman-Barcarolle,

Lucrezia Bori-Lawrence Tibbett (3018-A). String Quartet: Irish Reel,

Song:

Flenzaley Quartet (1270-B). By the Waters of Minnetonka,

Ernestine Schumann-Hink Contralto. (1198-A). Pianoforte. Solo:

Hungarian Rhapsody No. 11,

Alfred Cortot (1277-A)..

Rose' in the Bud,

Song:

Reinald Werrenrath, Baritone (1844-A). Conclusion- Orchestra:

Queen of Sheba-Cortage, Triumphal March,

Victor Symphony Orchestra (86762-A).

8 pm A relay from the Ko

to £3,308,455 and the latter to Shing Theatre (Chinese

Bank-Bolos ved Avaruge um 45,000,000 | £1,317,703 Preliminary expenses gramme).

BRANCHES AND

JAPAN-Tok, Tokobama, Hobe, Oaks,

PORMOSA linna Karenko Reale

along, Maalo, Shinichiku. Telebe. Te Takso, Tam Ton, lelto, Talt

Amay, Foochow Hwalow, Capian. CHINA-Shanghal, Hankow,

amounted to £64,119, and these

11 p.in.-Close Down. have aiready bechwritten D.-Weather Report. out of a special non-recurring dividend of £65,000..; Including |

OTHERR Hogg Kong Singapore, Boersby this dividend, the gross income of

Betharanti Belavis, ambay

London, New York. Dalre

LONDON BANKERB

Caloutte,

Pro-

the new company from the date of per cent, on the ordinary capital:

The London County Westminster and Paar's Bank.ncorporation, August 8, 1929, to a further £93,067, leaving a bal

The Bank has Correspondents in all the principal

Oorniartial Capires, throughout the world..

NAGURA

Manager

HONG KONG

Des Voeur Haid Céntrat Hong Kong, 10 January, 1929.

THE BANK OF EAST ASIA, LTD.

Established 1918,

HEAD OFFICE:

10, Des Voeux Road, Central, HONG KONG

Capital, and Surplus Total Resources

over H. 8,000,000.00 over $30,000,000.00 escription of Banking and Exchange business

Accounts in local and

June 30 last, was £860,484, and ance of £35,861 to be carried for the available profit works out to ward: The account include only £231,375.

SN the profits made by the subsidiary The preference dividend; absorbs companies to the extent of the the £102,045, and the dividend of 5 dividends declared within

period ended on June 39; none of

loes. the subsidiaries made a

BEAUTIFY YOUR HÖME, Flowers beautily and make the Home attractive as nothing elan can do, FOR SALE FINE SELECTION OF GARDEN SEEDS

From

SUTTON & SONS, Reading ARTHUR YATES & Co Ltd, Bydney.

GRACA CO.

alers in. Floker and Vegetable Gooder Toys, etc. DIAM STREET,

KONG

YESTERDAY'S SOLUTION

SAPPHO AGRO VAD NOT INGE AZURE TI 7S PIE ENS S O BALGASTEO SCUTA U CHEY

IR NADIR ADHIIT E TOMES

ANPANS SUB DIE SCVEN

BGA W

THURSDAY, OCTOBER 23, 1930.

Correct Styles FELT HATS :

Andrews,

DṚWILLIAMS'

For Nerves

Battersby,

Borsalino,

Cambiaghi,

Hardeman,

Ward's,

etc., etc.

THE BAKILLY CO., LTD.

153-155, Des Voeux Road Central

WHY

Dr.Williams' Pink Pills

"MUST DO YOU GOOD

Anaemia Chlorosis Rheumatism Indigestion Women's ailments. Neurasthenia Palpitation Debdity Malaria

& aftor fevera and all other Con- ditions Resulting

from Impoverished Blood.

BECAUSE they act apon the POLO of health-impo- BECAUSE thousands of okkar people here proved that this ready play ball us t blood, thus enabling the worst, by perfectly saturál meena, to automatically corres the all- ments arising from the antemir evnditions.

HOW

THEY DO IT

The secret lies to be aäu- log saying properties of the best constituent. Oxygen, the life-giver, without which there could east noorenda Wife on earth whatever, tha great ementisi romponent for making pure rich, red blood, wory d cell need SKYDE, and Dr. Wame Pink Pill lofs new fe into the red onto, enable them to absorb mare Bijken and start making you well immediately they enter the blood streat.

DR.WILLIAMS'PINK PILLS

☐ OXYGENISE

PURIFY ENRICH AND INCREASE THE BLOOD GET WELL WITH OXYGEN BY TAKING DR.WILLIAMS PINK PILLS

ILLIAMS'

P

DAILY CROSS-WORD - PUZZLE.

(This cross-word puzzle has been made by an expert but

our readers are warned to look out for occasional phonetic spellings, such as harbor, plow, and altho.)

116)

28

2

HORIZONTAL

t-Argue for and

against

4-Orgen of hearing

T-A Shakespearian

character

18

19

10

13

| HORIZONTAL (Cont.) | VERTICAL (Conti

28-Often, (poot-)

40-Wither

|42-Gradu

45-A tree (pl.) 47-Natal

149-Regret extremely

50-Mature

14-Part of verts "Lo be" 52-Pershed

11-Mistake a

112-Comrades

18-Tomenta

16-WHd enliste

17-Titter.

*19+Urio •*

21-8ait (Latin)

23-Awigir

24-Any sphere of action 26-Res-born. 28-Egyptian sun-god 29-Augment 16-Himp

SPA dentalRRONKA 32-Combining form. 85-8malist rant 37-A Enake-tiku nats

33-Gull-like bird 54-Hosted

65-Huck

VERTICAL

+Allot 2-A Pacific State |-:'(abbr.)' 3-A fruit 4 Comforta .S-Nost

To restat authority

A religious festival

Skill:

10 Hall

112-Joined

13-Look 18-Hoad covering

10-Cancel

20-A tough knot 22-Haying 'two feet 23-Taut

124-A constellation 126-Bustlo

128-The 'sun..-. 27-A negative 33-Moderate

34-A small 1zard" 36-Gally

8-A tartile spot in a

desert

13-A acctiina [41-Portion

142-Royal Naval

Rejores (abbr.) 42A river in Poland 44-Wagers.

43-Contend 61-Father

(The solution of the book cross-word plissie will appen

to morrble 2 issue along "with a new orota 1001