1931-07-04 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Ceplial

9,500,000

·Zieved and Folly Paid-up = $20,000,000. Bosse Funda 1-

#ring.

BUTK maman

£ 1,300,000. $10,000,000

Mowers Laity of Proprialom - 3,086,800 HEAD OFFICE: ZONO XONG.

"BOARD OF DIRZOTDEE-

Bon. Mr. . . 8. Meckle

Chairman.

Hon. Mr. J. J. Pasatoon,

Deputy Chairmea. ·

H. Mr. . E. Ball, 2. K. Paros, E. LB, Cotuica, Zg. J. A. Plummer, Yes.

1. Leader Leiria, Esq. T. 'H. E. Flaw, Ep. Đ., Mukia, Eng.

2. P. Warren,

Chis! Mans.

V. H. Geyburn, Zec.

BRANCHES

LONDON

LYOKS

MALACCA.

MANILA

AXOY

BANGKO

BATAVIA

BOMBÁT

CALCUTTI

CARTON

CABFOO

NEW YORK #

COLOMBO

DAIREN

MUAB (Jahcana)

MDEDEN '?

PRIPING

PEKANG

HANGOON

BAIGON

SAN FRANCISO»

·93ANGHEL V

SINGAPORE

PODONO

KALPHONG

HAMBURG

HANKOW

HARBIN

ONDERW

IPUE

BOUDADAYA BUNGSI PATANI TIENTBIN

JOHORE

TOEXO

KONS

KOWLOON

KUALA LUMPUR

TSINGTAO

YOKOHAMA

Curreni coouble opened in Local Currency and Fixed Deposite racolved Lowen you or asortar periods in Loni Curraney and Berting wo berma - which will be coolad on application. Hong Kong, 28th February, 1991

HONG KONG SAVINGS BANK.

The Buelnam at the above Bank la conduct

ed by the ZIONO EONG AND SHANGHRI Hale may be BANLING CORPORATION.

obisiped on application,

FOR THE HONGKONG AND SHANOWAT

BANKING CORPORATION.

7. M. GRAYBURN,

Hoog Hooy, 18th July, 1000.

Chief Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussmann, Paris.

Subscribed Capital Fr. 72,000,000.00 Faid-Up Capital... Fr. 88,400,000,00 Reserve Funds ....Frs.102,000,000.00

Cantoa

BRANCHES: -Bangkok Hong Kong Quinhon ·

Saigon Battambang IIve Cintho

Shanghai Mengtze Nam-Dich Singapore

Thanba Numea Fort Bayard Papeete Tientsin Peking Taurias Haiphong Hankow. Pnom-Penh Vinh Hinol

Djibouti

Pondichery Yunnanfu. BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; 80 else Generale.

IN LONDON: The National Provin- ca & Union Bank of England, Ltd.; Comptoir Nations d'Escompte de Paris; Credit Lyonnais,

IN NEW YORK: 3-PMorgan-a- Co., French American Banking Car poration; Guaranty Trust Co. of Now York.

Intorsst allowed on Current As. counts and Fixed Deposita according to arrangements,

Every description of Banking and Exchange Business transacted. Bale Deposit Boxes to let

A. BONNAUD,

THE HO HOND BANK, LTÜ:

(Established 1917.)

THE CHARTERED BANK OF INDIA, AUSTRALIA & CIHNA." Incorporated by Royal Charter, 1855,

HEAD OFFICE:—SINGAPORE – Hong Kong: Branch: 13, Queen' Ra HEAD OFFICE: LONDON. Paid-up Capital

..25,000,000 Authorized Capital Strats $20,000,000 8,000,000 $4,000,000 Issued Capital

Paid-up Capital...

4,000,000 Liabilities ..$8,000,000 | Reserve

Reserve Fund Reserve Liability of Pro

prietors

...Agencies and Branches:

ALDE STAR

(Mainy Stores)

AMRITSAR

RAFAVI

DAVOKON

BOMBAY

CALCUTTA DANIUM

GAVNFORE

СЕЛИ

COLOMBO

PAIRS (Delay

Bouth Manchuria)

DELI!

HAIPHONO

HAMDUBO

BANKOW

ΠΑΠΡΙΚ

(N. Manchuria

HỒNG 19

ILOILO

TARACELI

KLANO

KODE

XUALA KANGSAR

(Pesk, F.M.I.)

KUALA LUMPUR

KUCHING

MADBAS

MANIL

NEDAN

NEW YORK

PEKING

PENANG RANGDON

SAIGON

BEMARANG

BLERIDAN

BUANGMAI

SINGAPORE

8ITIAWAN

BOUBLBAYA

TAIPING IT.M.B.)

PATOS

ZONOKAR (Bhužel}

TSINOSAD

YOKOHAMA

ZAMBOANGA

(Philippine Islanda)

and

General

TIENT BIN

TOKYO

Foreign Exchange Banking business transacted.

Current Accounts opened and Fix. ed Deposits received for 1 year or shorter periods at rates which will be quoted on application.

J. STUART,

Acting Manager. Hong Kong, 28th May, 1981.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street. New York.

Capital, Surplus and

Undivided Prefits U.S.$226,097,392

Branchen in

ARGENTINE LONDON

BELGIUM

MIXXICO

BRAZIL

PANAMA

CHILE

PERU

CHINA

PHILIPPINE

COLOMBIA

CUBA

PORTO RICO

DOMINICAN

STRAITS

ISLANDS

REPUBLIC SETTLEMENTS

INDIA ITALY JAPAN

URUGUAY

VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current 20GONDİS and Savings Bank accounts opened and Fixed Deposits in local and for- elga curroncles takon at rates that may be ascertained on application to the Bank,

of Starcholders; . Surplus

や

THE

CHINA MAIL.

SATURDAY, JULY 4 1931.

DUTCH INDUSTRIES

Commerce and FAIR.

Finance

DK DA DE VIE EX JA, Dr KA ET

SHARE MARKET.

4,000,000

2,628,000

Weekly Reports by

Brokers.

by

Branches, Agencies and Correspón-

dents in the principal elties of the world

Evary description of Banking, and Exchange business transacted.

TÂN ENG HO3),

Manager.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

...BANIZBA

Established 1934. ⠀

'Meng Xong Offoni-li, Qasam's Book Gemseni, Authorised Capital Bulider 1,000,000- Paid-up Capital Reservo- Find

Guides 60,000,000 *(£6,000,171) Guliders 40,618,60%

Had Oes)-&MSTERDAM" Late Hand DIOR-BATAVIA.

Q. A. HARRIMAN..

Hong Kong, July 4. Mr. G. A. Harriman's Weekly Report and Market Review days

1

To Be Held at Utrecht in September.

BUILDING. SECTION.“

the speculative and Investment sections. Hong Kong Banks remain steady in anticipation of the an-

Manufacturers of building and nouncement of the usual Interim roadmaking materials should be dividend, whilet Unióna are mora especially interested in the Dutch or less neglected..

Ewo Cottons have remained steady with very narrow : fluctua; tions.

OUR

LADIES' TAILORING

DEPARTMENT

undertakes to execute orders

· FOR MAKING DRESSES &

GOWNS on latest styles with-

In 16 hours.

Industries Fair; which is to be held LOVELY SILK STORE

at Utrecht from September 8 to 17

of this year! The Fair, will be, in- ternational in-character und-should appeal to industrialists in China. Further

Information regarding Banks:-Hong Kong Banks are

Secretary of the Fair, Utrecht, Wanted at $2,000 Bank of East pace, etc., may be obtained of the Holland, or of the Netherlands Asin, are inquired for at $128.50. The market during the week Insurances-This section has Coneul in Hong Kong, who will be under review has been exceptionally been poorly supported with the ex- pleased to give more particulars. quiet and there is very little if ception of China Undrwriters anything of note, to report. Trad. which have buyers at $5.55. Union PETROL FROM COAL

;

PROCESSES.

No By-Products from Hydrogenation.

t

ing cannot exactly be quoted as be- Insurances have dropped to 4560,

have Shipping: Steamboats ing dull, but since the half-yearly settlement A

definite Bearish' buyers at $25.25 and there are reaction has prevailed and this in small inquiries for Waterboats at many ways tends to make conditions $28.50.- more healthy, and will undoubtedly

Mining:-Raubs are wanted at BRAROBES Banda Bandong Bombay, in the long run be to the benefit of $34% Goldfields have buyers at been aroused in the extraction, of

Calcutta, Charbon, Dob, Dok the market in general as in many

oil from cost by the news that the Jakarta 1bu izgra*, Jeddas, Hubs,

|Admiralty" has invited tenders. for Kota-Stadin Makmosse, Median, Pades cases prices were previously inclined $2.75 with sellers at 23.00.

Lands, Hotels and Buildingssupplies of the manufactured pre- Palembang, Pekalongan

to soar above actual investment Bollardam Portlaos)," Baxgood,

Ribol value, whereas with the market Hong Kong Hotels have been done, duct. Although the making of oil Bing, Shanghel. (East). Alagtporn · Bouradais, Soseskaria (Boló), Tagal, Tiny and remaining on the easy side orders at $16.40 for the Old shares and from coal is, strictly, economically Waliovraded".

are easier to fulfil than they have

Prosog.

• These cœlors have side deposit boxes to bet. Lordon Benkert-ational Frosinasiel Back Lád. Correspondents all over the world Backing barlem of every description trenzasied.

A. STUKKINE,

Kong Kong. 18th Auguri, 1980.

Жало

THE BANK OF CHINA. 行銀國中

Reorganised October 20, 1928, under

apecial charter of The National Gov-

ernment as an

INTERNATIONAL EXCHANGE

BANK.

HEAD OFFICE: SHANGHAL·

HONG KONG BRANCH:

4, Queen's Road Central.

J

F

shares.

are

Considerable Interest, has again

of

can.

been for the time being some time further shares can be had at this indefensible owing to the large past and although the volume of rate. Now shares are $15.90. Hong amount of the natural commodity available so cheaply, the opinion fa trading may be less prices In most Kang Lands have changed hands at nevertheless strongly held in many The $92/92.60, but there are now sellers quarters that sooner or later: cases are remarkably steady. reaction has been more felt in the speculative section where Cements at 391.50 with buyers at $91. Hong several countries will embark upon and Ropes suffered to the greatest Kong Realtys advanced to $16.20 this means of rendering themselves

Independent af outside supplies. further buyers at $15. The two principal means extent, although a single stock in with

Realties' reached new high levels on Humphreys are sellers at $21.25 manufacturing oil from coal, are satisfactory reports of further for the Old and $21 for the New low temperature carbonisation and development at Repulse Bay by this

T'hydrogenation, says the Financial

The first ofį enterprising company. The Invest-

Cottons:-Ewo Cattona have Times on May 16. ment Section showed less weakness,

Beveral forma, treats the coal by but Trams and Lands suffered the fluctuated between Taels 18.65 and these processes, of which there are most which some section of the 13.75 with small business done at distillation, with the result that, market might consider surprising in these rates.

roughly speaking, each ton givos view of their dividends forthcoming

Docks, Wharves and Godowns:about three quarters of a ton of Subscribed Capital $26,000,000.00 very shortly. Sterling Counters Kowloon. Wharves changed hands' semi-coke, about 4,000 to 5,000 Pald-Up Capital...$24,710.200.00 were fairly steady especially Unions at $165/165.50 and, further shares cubic feet of gas and approximate- Reserve Funds 8,320,608.82 which remained around 54-5, but can be had at the former rate. ly 18 gallons of tar, from which

on balance Banks showed a firmer tendency with the London rate con- Providents have remained steady motor spirit can eventually be at 35.80 buyers and $5.90 sellers made. It will be seen that, while siderably higher at £110.

The market closes quietly easy. In for the Old shares; the New shares the quantity of spirit obtained is nominal at $2.70. Kowloon small, there are a number of by all sections with

to be sold a gradually in-

Public Utilities:-Hong Kong profitably before the process Owing to our numerous brauchas increasing volume of business all-Docks are inquired for at $30.00. products which, have We are also able to offer our Cas- chin and large connections in the im-round.

Trams have receded to $21.50 possibly become self-supporting. Banks H.K.-& Shanghai Banka

Hydrogenation has nothing in tomers the services of the Branches portant commercial centras of the of the International Banking Corpora- world, we and able to extend to our were very firm, sales having been buyers with sellers. at $21.80. Star.

China Lights were done at these. By its use there are tien in San Francisco and Spain and clients special facilities for domestic affected at $1,980/2,000, buyers Ferries can be obtained at $95.00, cammon with methods such as also of The National City Bank of and foreign banking and exchanges,

We also handle the issue of Bonds prevailing at the latter Agure. $26.00/26.15 with further small final products other than oil. Al- New York (France), S.A., in Paris

buyers at $26.00. Hong Kong Elec- though all coals are not equally! and other Pablle Funds of the Chin Bank of East. Asins, continued in and Nice.

F. MED. COURTNEY,

ese Government both at home and strong demand at $129.

trics are sellers at $81.00. Hong suitable for hydrogenation treat- Manager. abroad.

Insurances-Canton Fires were SHOU J. CHEN, Hong Kong, June 16, 1831.

booked at $1,480/45. Hong Kong Kong Telephones could probably be ment, it has bean stated that it may be very approximately aè- Fires stood at a nominal quotation, placed at $38.00.

Ices sumed that each ton of coal hydro- Hong Kong, 6th March, 1981.

of $1,585. Unions changed hands. at $545/50, China Underwriters have further advanced to $6.75 genated can be made to give, buyers after business at $7.00 roughly 60 per cent, weight af hands at petrol, a certain amount of gas THE BANK OF CANTON, LTD. remained in demand at $5%.

Shipping Douglases continued Cements changed neglected. Hong Kong Steamboats $19.75/19.90 with further sellers at which is used in the process and were strong with enquiries at $20.00. Ropes are inquired for at residue of ash which, for all $25.40. Union Waterboats had $21 with sellers at $21.50. Dairy practical purposes, waste. Hydro- buyers at $232.

have sellers at $81.00. genation is not, therefore, depen- Mining-Raubs were very quiet Construction can be obtained at dent upon the sale of by-products with sellers at $38. Venezuela 39.70. Lane Crawfords after bust for Its return, y Goldfields after having been some-ness at $8.30 have fallen away to Bangkok, New Work and the Paskond what neglected rallied to a buying 10 sellers with business done at,

rate of $24

38.05, Watsons have buyers at Docks, Wharves and Godowns $15.70 and sellers at $18.00.

Exchange: The TT rate ·on Hong Kong & Kowicon Wharves changed hands at $165. Kowloon London 19 1/4 and on Shanghal Docks were in demand at $80.79. China Providents (old) had a fair- Forward Settlement: Days: ly large turnover, shares having July, 25th August and 28th changed hands at $5.80/.86, buyers tember, 1931, prevailing at the former figure.

L

TBE

AMERICAN EXPRESS COMPANY.

INC.

Hoad Oce: 65, Broadway, New York.

THE YOKOHAMA SPECIE BANK, |· Aberdeen

1.9.$6,000,000 U.S.31,672,454 -U.S.$1,903.209...

Manager.

Hong Kong, int May, 1931.

Capital Surplus Reserves

BRANCHES

LIMITED.

Anaway

Athe

Bula

Berlin

Fatah Rahed 1880,

Brian

Bombay

Capital (fully paid-up) Yeu 100,000,000. Reserve Fund.

Desmos.

Brussala

Yen 115,000,000

Hoss Al

Con Gangow Havana Hamburg BATIO Laghelabea

Lido Landes Liverpool

Firmas Parle

Paking

Celula

Head Office:-YOKOHAMA,

Branches and Agéneies' at:

Alexandria

Batavia

Berlin

Bombay

Salcutta

Canton

Changchun

*: Dairen (Dalnyį

Manila Nagasaki

Nagoya, Newchwanz

Osaka

Now York

Peiplag Rangoon

Fongtion (Mokden), Rio de Janeiro

Hamburg

Hankow

Harbin

Kong::

Hokula

Kal Yuen ...

Exrach!

Koba

London

Les Angelas

Lyons

San Francisco

Boattle

Destiarang Shanghai Shimonoseki

Sydney Tientaln Tokyo Tsingtan

Interest allowed on Current Ac

Deposits received for fixed periods at rates to be obtainad on application.

Hong Kong, 11th April,

Bollerlam

Bamboul Bhrogh Southampton Bunga pors

Thanida

Yenica Trichame

Fatebilshad 1912. ....

Manager

Head Office-Hong Kong. Authorised Caglia! (IX. Currency} $11,000,005 Paid-up Capital

8,665,000 Reserve Fund magma

10,000

BRANDOLEA – Deaton, Bhanghal,, Hlinkov,

GURAKAPUNDANTS ...

LONDON BANKERS

The Lord's Bank, Litzibed,

·In all peinnipai difan of the World.

Forsiga honge and banking beste

・onary Anncription iraasneried.

Bid Deponit Bora (vazione slava) as a panely

LOOK POONG BEAN,

Maple Chief Masagar

THE BANK OF TAIWAN, LTD.

(TAIWAN "GINKO.)

Lazor Dolobe Constantinopla More Copenhag Macila Ellaberg

Mediron

HEAD OFFICE:—Taipeh, Formoan Create Milan

Car Branches of

Expresa: Samfy! American Company in Principal cities of Unit- Incorporated by Special Imperial

Charter, 1899, ed States of America and Canada,

·

Hotels and Real Estates-Hong Kong & Shanghal Hotels were very firm with buyers at $18.40 for the old shares and $15.95 for the new. Hong Kong Lands, receded a little, the market closing with buyers offering only $91. Hong Kong Realties advanced considerably to

reported at this figure,

All classes of Commercial Banklar Back From 0.00 8 buying rate of 815, with sales Transactions undertaken.

Central Boax in Forming

BRANCHES AND AGRSONNEL

Personal investment accounts Trong handled.

The Company offers to intending. Travellers the use of its "Travelers Gheques and Letters of Credit and, in addition, the warld-wide servicei

partment.

Afiliated with

A THE CHASE NATIONAL BANK

Resources

2€$9,500,009,000

HL BENSON,22 Gomural. Manare.

Akong Kaley Philochim. Priok, Tim ORISA har hak Rankos, Amer, Foodos,

Odlo

2

Bestow, Ladson, OTHERS-Hong Kong, Bingapore,, fosesbays,

Semarang,

DANGKAN LONDON SHAYKERAJĄ

Commercial Canine throughout the world,

HONG KONG BRANDI

THE MERCANTILE BANK OF INDIA LTD.

Miscellaneous: - Canton

Farms

FAR EASTERN TRADE.

Company Formed In Manchester.

Procedure Explained.

No, 2, Stanley Street. TeL 22100, (Adjoining D'Aguilar Street.)

i

PHOTO-SUPPLIES

Kodak's and Cheras,

Films, Plates and Papers, etc.

Developing, Printing and 341 Bnlarging (18 ZIESS and BUSCII FIELD GLASSES.

Price Moderate.

A Trial Order is Solicited.

A, SEK & CO.

Tel. No. 23459.

26A, Des Voeur Road, C.

• Hour Kong.

YOU

ARE INVITED TO INSPECT OUR STOCK OF

ASIATIC FOREIGN "AND -COLONIAL

POSTAGE STAMPS

IN SETS, SINGLE PACKETS, HAGS AND IN APPROVAL SHEETS.

GRACA & CO.,

Dealers in Postage Stamps, Philatelic Goods, Pictures, Postcards, Toys, &c.

10, WYNDHAM, STREET, F.O. Box No. 620: HONG KONG..

COASTWISE

**** ALGIE

BENNETT.

An interesting book

of Cartoons depicting "Happenings on the China Const

PRICE $1.00.

.

While it la difficult to describe accurately any scientific process in

general terms, It may be said that Now on sale at the first stage in hydrogenation is BREWERS the washing of the raw pit caal;

28th

Sep-

then mixed with a proportion of EXCELSIOR BOOK STORE. oil, which is in itself the product and at the Publishers

re

the second is the grinding of the WHITEAWAY, LAIDLAW rough slack of nuts, which

of a previous cycle of production, 41412A TABL

The coal is then injected Into The Newspaper Enterprise, Ltd. heavy steal vessels, the

-time

of contactin the vessels

China Maif Building.

| being buitably arranged, after, M128926121328|13|<IZMINE)

which there issues from the jubel.

Vessels: (1) petrol; (2) heavier | UNCLAIMED · TELEGRAMS. oils (Diesel; etc which are usad

In the next process); (3) sludge.

The following unclaimed tele Cash and unconverted coal); and grains are lying at the EE. Telo (4) gas; the proportion of motor graph Co. Oleo, Hong Kong:- spirit to heavier oils being variable: Adaptable, from Bruxelles. Cotton Mills-The market for In connection with the arrange at will guar

Bigazzi, Peninsula Hotel, from Ewo, Cottons was rather quiet but ments made by a number of ship. The heavier oila are again put Shanghalt a hang Arm, and a Teir business was put ping arma in Manchester to com- into the cycle of production to Mat Soohoo, President Jackson, through at 13.80/90.propag

bine in efforts; to recapture some make more petrol, or can be refined from Manila.NAM Public Utilities Hong Kong of the lost trade in textiles in the separately if required. The sludge, Trams attracted great attention Far East It was stated in mall which contains some oil, has this

after sales at 88/

Miscellaneous Green

ware

LAC

Hong Kong, July 2, 1981.

Manager.

Den

of its thoroughly equipped, Travel Des The Landon County Wolzminder and Pur's Buck and a large number of shares week that it had been provisionally, recovered from it and the latter is: The Hank dermagandanda talall the printed changed hands at $21.60/22. agreed to form Manchester Over re-cycled, while the gas goes back China Lights slackened little, | veas Traders": Company? The coun- and is used for making the bulk of and closed with buyers - at, $25.80. tries which the organizers have the hydrogen jused in the process. The following unclaimed tale- Hong Kong Elettries had. easier tendency, shares

pecially in mind include China, The remainder of the hydrogen is grams are lying at the office of offering at $81 Telephones (part- India, the West Indies, and Burma. made from coke in the grdinary the Great Northern Telegraph

Company (Limited) of way ASN ly-pald) were enquired for at $38 it is felt that an improvement in Sumedang the Vinle of Lancashire Adxtiles in

Honabcotco, from Shanghat, tion of petrol alone is in excess of those parts could be assisted by The United Kingdom consump. mark: Island Cements opened with transactions e arrangement among shippers 3,000,000 tons, a year; the total bill G. P. Masudahk, Post Office, from

for petroleum products of all kinds Kanoya. A $20.25/50, but gradually fell for the pooling of resources, thus Away to $19.76 at the close, H.K. bringing about reduction in

considerably more than Sik Lam, from Shanghaf

VYBEING FUZZARAH JEFFERSOE, transport costs, an Ropes Ter

$40,000,000 per gun, SUMMAT Act Superintendent. $21 Dairy

The Financial Times learns from Farms were more or less neglected Siz ml N

Hong Kong, June 24, 1931. with sellers prevalling, at $313⁄41⁄44: Wátsónk: femained firm with on- quizies at $18,75: - Lane Crawfords were

8.20/30 closing in 38 Binceros continued

$15:

THE BANK OF EAST ASIA, LTD.

Batabilabad 191A

HRAD OPTICKI,

| Foeux Road: Contral

[HONG-KONGRE

VEL HEAD ON

Authorized Capital) #9543,00 Bubscribed Capital

on'

la

well-informed

admittedly

petrol A

HIDDEN STREAMS RUBBER."

by yet

fard

The accounts of the Hidden try

ndidate for 1930 DeyJuly Stean Show September 28,

féres

3.4 Adding In

saneting loss

POLN

TINIUNDRED: