1932-03-05 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autherland. Deplial. .............................$40,000,000 isavad and Pully Pald-up

serve Funda;-

Barling

tar w

10,000,000

£ 0,800,000 $10,000,000

Batoren Liability of Propylators - $30,000,000

HEAD OFFICE› HONG KONG,

BOARD OF DIRECTORS.:—

[Ed. Mr. J. J. Patapon. Chairman.

T. E. Pero, Zaq. Deputy Chairman

W. H. Ball, Esq.

J. A. Mammar. Eaq.

A. 'H. Compton, Eaz. TH. I. Skaw, Esq.

Hon. Mr. . . 6. Mankle. 3. P., Warren, E14.

8. Viskid, Eng.

AMOT

ЗАНОБОЯ

BATAVIA

BOMBAY

OANTON

V. M. Grayburn. Esq.

Chief Manager.

ИВАНСИВН

LONDON

LYOND

MALACCA

MANILA

METAR (Johor)

CALOUTTA

MURDEN

NEW YORK

OHRFOO

PRIPING

PENANG

HKIMON

DOLOMBO

DAIRBN

FROOKAW

RANGOON

BAIPHONG

RANNURO

MAN PRANCISCO

HANKOW

HILANGITAL

BARDIN

SINGAPORE

ROCHADYA

11.0120

IPOK

20HORE

HONGKRW

KODE

KOWLOON

.KUALA LUMPUR

SUNOKI PATANI

TIENTAIN

TOEYD

TSINGTAO YOKOHAMA

Our Arcounts opened In Loom) Currency and Fit Deposita enivad for one of shorter periods in Lonal Queridoy and Sterling ** terms which „will be quoted on application. Hong Kong, 17th February, 1932,

HONG KONG SAVINGS BANK.

The Business of the shots dank is conducted

by the HONG KONG AND SHANOBAI BANK- INO CORPORATION, Kusa stwý he obtained in applios:ion.

FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.

V. M. ORAYDUAN,

Chief Manage.

Hong Kong, 17th Februart, 1932,

THE BANK OF CANTON, LTD.

Established 1912.

Head Office-Hong Kong,

Authorland Capital (H.K. Qurrency) ...$11,000,000 Fald-Up Capital

.......... 2,865,000 SAMT Pund

1,100,000

BRANCHES Osalon, BBangbal, Hankov, Bwalow, Bangkok, New York and Ban Franco,

LONDON DANKEGS1—

The Lloyd's Black, Limited. CORRESPONDENTS

ta al principal cition of the World

Poralga Exchange and banking businde of

every assciplina izasaoted.

2 Deposit Boxes (Thrious alas) do a yearly

total of from 0 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA. 行銀國中

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

THE

CHINA MAIL.

THE HO HONG BANK, LTD.

(Bstablished 1917.)

HEAD OFFICE:--SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C.

Authorland Capital Straits $20,000,000 Issued Capital,

8,000,000

Paid-up Capital ...

Reserve Liabilities.

of Shareholders, Burping.....

H

44

19 4,000,000

4,000,000 2,687,000

Branches, Agencies and Correspon .£8,000,000 | denta in the principal cities of“ the .24,000,000 | world.

.£3,000,000

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund

Reserve Liability of Pro-

prietors

Agencies and Branches:

ALON STAB

AMRITSAR

KUORING

MADRAS

LA NÚ KOR

HARVIA

DOMBAY OLIDUTTA

CANTON

CAWNPORE CRBU

COLONDO

DAIREN

DELF

HANKOY

HAIPHONG

DAUBURO

HARITH

HONG KONG

ILOTLO

IPONI

HARACHI

RLANG

RODE

-

MANILA

MEDAN

NEW YORK

PEPING (Pac

PENANU

KANGOON SAIGON BEMARANG BRUSHBAN SELAND HAT

RINGPOBE

NITIAWAN SOFIBA DAYA

TAIPING

TIENTSIN

TOKYO

TONGKAT (Dhubot)

THINGTAO

YORONAMA

KUALA KANGSAR ZAMBOANGA KUALA LUMPUR

Foreign Exchange and Banking business transacted.

Every description of Banking and Exchange business transacted.

Manager.

TAN ENG HOOL

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, NEW YORK.

Cavital, Surplus and

Undivided Profits U.S.$225,347,466,11|

Branches In:-

ARGENTINE

BELGIUM

BRAZIL

CRILE

CHINA

General CUBA A

Current Accounts opened and Fix-

ed Deposits received for one year or shorter periods at rates which will be quoted on application.

J. STUART.

Managor. Hong Kong, August 17, 1931.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING HUCIETY)

BANKERS.

Extablished 1924.

Hong Kone OB-11, Queen's Road Central

Authorised Capital ............ Guildeen 150,000,000 Paid-Up Capital Quilder 80,080,000. Beserva Fuad ..................... Quidam 40,014,000-

Head Ofire -AMSTERDAM”, Eastern Hand Office :--BATAVIA.

Franchas - Bandjersamain, Baodong". Bombay,

Qalcaste Charbon, Dinler, Djok Jakarta), The Hague", "Siddah, Kobe,

Накаване Medan. Palembang, Paka- longan, Penang, Rangoon, Ballardan". Samung, Bhaaghal, Biosapore, Boers. bala, Boerakarta (Solo), Tagai, Tillallop sed Waltevreden".

• The offinas bave Sale Deposit Boxes to Lef.

LONDON DANKEDS:-

NATIONAL PROVINCIAL BANK LTD.

Cheapoadania all over the world. Boklog Dual naan of ovary, devcription iraawoleń.

A. STOKEINE,

Hong Kong, Ja: December, 1991.

THR

Manager,

AMERICAN EXPRESS COMPANY. INC.

U.S.$8,000,000 ,U.S.$1,672,454 .U.S.$1,908,209

Head Office: 85, Broadway, Now York.

Reorganised October 28, 1928, under

Capital

special charter of The National Gov- ernment sa an

Surplus

Reserves

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital

$25,000,000.00

Fald-Up Capital ...

$24,710,200.00

Reserve Funds

.$ 3,920,303.82

Bamber Breme

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4, 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 dients apocin facilities for domestic and foreign banking and exchanges.

Amatardar Antwerp Alhanx

Beale Berko

Brunala Busz Alt Cairo

Chlostia Cana

Geno Giangon HATARE Hamburg HAYTO Interlaken Jeraniem Lido London Liverpoot Lucerne Lugano

DOMINICAN REPUBLIC

INDIA ITALY JAPAN

LONDON MEXICO PANAMA PERU PHILIPPINE ISLANDS PORTO RICO STRAITS

SETTLEMENTS URUGUAY VENEZUELA

Commerce and

Finance

SHARE MARKET.

Weekly Reports by Brokers.

G. A. HARRIMAN.

Forward Settlement Days: 22nd March, 26th April, and 24th May.

CARROLL BROS.

SATURDAY, MARCH 5, 1932.

BRITISH COMMERCE

IN BURMA.

M

Trading Interests and Separation.

The question of finance figured little in the proceedings at the Burma Round-Table Conference,

says the Financial Times. Neither) Hong Kong, Friday, March 4. the regulation of Indian immigra- Our market during the first few tion nor the details of the necessary days of the week remained feature-financial separation between India less but yesterday it became more and Burma are subjects which can active than has been the case for profitably be discussed by the pre- some time past and buyers predom- sent Conference. They are, Hong Kong, March 5.

per- Inated in most stocks. As a re-haps, the two matters, next to the Mr. G. A. Harriman's weekly

ault there has been a sharp advance prevention of trade discrimination, share. report and market review in prices and if the im-in which the British commercial issued at noon, states:---

provement in the situation is most directly concerned, in Shanghof - continues we The questions involved are in- expect to see a still further rise in tricate. and technical. Some ratos.

All good Investment stocks also controversial, as is evident from are strongly inquired for and Hong the discussions at the Conference Kong Banks have again come in for and its failure to arrive at even a workable compromise on the wider

week

The market during the under review has enjoyed quite a "mild boom" due principally to a decidedly better outlook in re- gard to the Political situation inasmuch as the opposing forces in Shanghai have moved clear of the Settlement making the possi- bility of international complica-

are

most im-

good demand. Ewa Cottons after being quiet are issue of minority rights and repre- now in demand for forward delivery, 'sentation in general, of which In- Banks. Hong Kong Banks after dian immigration is only one, being done at $1,290 Ex-Dividend though undoubtedly the have now advanced to a buying rate portant, part. The Burman majority of $1,400. Bank of East Asia have is so obsessed by its fear of econo- Commercial and Travellers' Latters) tions more remote than ever changed hands at $115.

mic domination by the Indian of Credits, Travellers' Cheques, Bills consequently shares were marked Insurances-Canton Insurances minority as to be unable, at the of Exchange and Cable Transfers bought and sold. Current accounts un considerably in nearly all sec-are wanted at $1,200. China moment, to consider the broader and Savings. Bank accounts opened tions of the market. In the spe- Unlon Insurances have been dealt hand, Indian public opinion, it is Underwriters are nominal at $4.55. view of citizenship. On the other and Fixed Deposita in local and for- elga currencies taken at rates that culative section Cements recover-in at $410/411 and there are further equally plain, is watching these as- may be ascertained

on application to ed from $16.50 to as much as buyers at $410. the Bank.

China Fires have pects of a settlement, and especially

were

We are also able to offer our Cus- $18.50 at one time, Hotels from buyers at $500. Hong Kong Fires, the allocation of debt charges, very tomers the services of the Branches $13.20 to $14.30, Lights from re in demand at $1,200.

jealously. With good will on both of the International Banking Cor-

Shipping Douglases are nominal sides, the discovery of a satisfactory to -poration in Spain and also of The $19.00

$21.40, and

at $26 as are Steamboats, at $25. modus vivendi should present, none National City Bank of New York Ewos from Tls. 14.00 (France), S.A., In Paris and Nice.

to Shell Transports have buyers at the less, no serious difficulty. Tls. 15.25. In the Invest-49/6 with sellers at 52/-. Water- Commercial Discrimination. R. M. MCLAY.

boats are wanted at $23. ment Manager.

section Trams recovered

As regards the question of com- Hong Kong, March 1, 1932.

Mining. Raubs have sellers et mercial discrimination, the attitude from $20.25 to $21.25 but sellers $38.50. Tronoh Mines are inquir- of the British trading interests, Mr.

very scarce, Lands from ed for at 13/ 1.

K. B. Harper emphasised in his THE BANK OF TAIWAN, LTD. $72.00 to $7416. There was con- Hong Kong Hotels Old shares have is perfectly clear and reasonable. Lands. Hotels and Buildings-admirable exposition of their case, siderable liveliness in the Steri-been done from $13.40 up to $14.10 Their first and ing section where. Hong Kong and there are further buyers at the consideration, as Mr.

foremost claim to Benthall re- Banks recovered from $1,290 to latter price. The New shares are minded the India Conference in a

wanted $1,420.00.

at $13.75. Unions, however,

Hong Kong similar connection, is based upon Lands have bayers at $74.50 with their past services and their estab- fluctuated mildly around $410.00. sales taking place at $75. The whole outlook and position Kong Realtys are buyers at $10.20

Hong (Continued at foot of preceding

(TATWAN GINKO.)

HEAD OFFICE:Taipeh, Formosa.

Incorporated. by Special Imperial Charter, 1899.

Central Bank in Parmosa,

Bark-Notes based Average amount...Yer. 15,000,000

BRANCHES AND AGENCIES: JAPAN-Tosko, Yakobatta, Zobe, Ovakt,

Takan, Tams, Toan, Bello, Tio.

Bwatow, Canton.

OTHERS-Hong Kong.

PORKOBA-Otra, Hagi, Karenko, Bessing. of the market changed overnight Ex Dividend. Humphreys have Makong, Nasio, Shinshiku, Tinu, Talon on Wednesday last and since then been neglected and the rate is OHINA Shanghai, Hankow, Amoy, Foodbow, the volume of trading appears to $17.80 nominal Ex-Dividend.

Cotton Mills-Ewo Cottons have be gradually returning to normal, Blagapero, Boerabaju,

The tone of the market at the been done at Taels 14.40 to Taels close is, definitely encouraging 14.60 and further shares could be and the outlook is much brighter placed at Taels 15. than has been the case for sever- Docks, Wharves and Godowns.- al months past.

Kowloon Godowns are buyers at

Semang, Batavia, Bombay. Leadon, York, Dalram.

LONDON BANKERS

Darclays Bank Ltd., Lloyds Bank. Ltd., Midland Bank, Ltd., Woskinnier Bank, Ltd.

The Bank has Correspondents in all the principal Commercial Centres throughout the world. K. NAGURA.

LIONO KONO BANCH:

Ben Yaus Road Central. Tong Kong, December 24, 1901,

Hausger

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

16, chumak Street, London, 2.C.8.

£9,000,000 1,800,000 1,050,000 Reserve Fund and Rest 1,866,845

The Bank of England & Midland Bark, Ind.

BRANCHES:-

Nice

Authorised Capital

Naples

Subscribed Capital

Piraeu

Paid-up Capital

Parla

J'eng

Faking Palerm Koltendam Ilome

DANKERS:

BRANCIIES:

Bangkok

Ipoh

Febr

Stambou!

Batavia

Kandy

Port Loui

Shanghal

Bombay

Houthampto

Calcutta

Kota Bhars

Blogspor

Calambo

Keula Lápis

B. Morita

Dathi

Kuala Lumpur

Galle

Eour Kont Howrah

Madis

Surabaya

New York

LA:Ide Colombo

Marcilla Constantinopte Monte Carlo

Copenhagen Maalia Edinburgh Florenos Оксата

Munich Monta

MED

منها دواء

Vleans

Vonios

Yokohama Zurich

Brancher of American Express Com

We also handle the issue of Bonds pany in Principal cities of United and other Public Funds of the Chin States of America and Canada.

ese Government both at home and

abroad,

SHOU J. CHEN, All classes of Commercial Banking

Manager. Transactions undertaken.

Hong Kong, 6th March, 1981.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

Personal investment Bocounta handled.

The Company offers to intending Travellers the use of its "Travellers Chequer" and Letters of Credit and, In addition, the world-wide services

of its thoroughly equipped Travel

Capital (fully paid-up) Yen 100,000,000 | Department. Reiarra Fund

.Yen 116,200,000

Head Office:-YOKOHAMA,

Branches and Agencies at:

Alexandria

Batavia Berlin Bombay Calcutta Ganton

Changchun

Dairen. (Datay)

Nagasaki Nagoya Newchwang New York OBUKA

"ไ

Fengilen" (Makden) Rio de Janeiro

Harbin

Hong Kong

Honolula

Ynen

Robe London

Los Angeles A Mandia

E. W. DUGGAN,

Manager.

Sachit

(Mauritius)

Hangos Shanghai Simla

Kuantan (Pabang) Blagapore

HONG KONG BRANCH. Ersty dowrylon of Banking and Exobangs bud. ness transacted.

Travailore Cheques launch

Trustee and Executorships under taken. Fixed Depoells at Rates that may be ascertained

C. L. SANDES,

Manago:.

INTEREST allmed on Current Accounts and on application.

7. Queen's Road Central.

Hang Tong. Wih. April, et

Job Printing

M

ASONABLE

PROCES

THE SERWERAPER ENTERPRISE 'LTEN. SEINA MAN 2020. SA WYMIAN IT.

Banks. Hong Kong and $153, business done at $154. China' Shanghai Banks were alightly Providents are wanted at $5 with better and were enquired for at sales taking place at $4.90/5.15 for $1,420. Bank of East Asla eased the Old shares. The New shares off a bit with shares offering at have buyers at $2.80. Kowloon $121.

Docks are sellers at $29, Insurances. Unions showed an Public Utilities-Hong Kong improvement with enquiries at Trams have advanced to a buying $410. China underwriters were rate of $214 with sales at $21.26/ on offer at $4.20.

$21.50. Star Ferries have been Shipping-Douglases remained done at $92 and further shares) in demand at $262. Hong Kong could probably be had at this rate. Steamboats had sellers at $23. China Lights Old shares are want-

have

Docks, Wharves & Godowns.-ed at $214 and the New shares at Hong Kong and Kowloon $20. Hong Kong Electrics are Wharves changed hands at in demand at $78.75 with sales $153/54, and more shares were being done at $74.25. Hong Kong wanted at the former rate. Pro-Telephones Part-Paid have buyers vidents Improved a little at $28, shares have changed, hands with business done at $4.90 to fut $23.25. $5.20 for the old shares and $2.25 Miscellaneous.--Cements for the new.

improved to a buying rate of $18.50, Hotels & Real Estate.-Hong after business at $17.25/.60. Hong Kong and Shanghai Hotele (old) Kong Ropes are nominal at $16. had a sharp rise, the market Dairy Farms have buyers at $28.50 opened with sales at $13.40, but Ex Dividend with sales at this jumped up to $14.20 closing in figure. Hong Kong Amusements demand at $14.20. Hong Kong are wanted at $19.75. 'Lands firmed up a bit and were tions Old shares are in demand at enquired for at $75. Hum- $5.20 and the New shares at $1.75) phreys (old) were much easier with sellers at $1.85 and sales at with sellers at $17.40. Hong $1.80 to $1.85. Lane, Crawforda Kong Realties remained in de-are sellers at $6 (Old) and $5.90 mand at $10.20 ex. dividend. (Now). Watsons are sellers at Cotton Mills. Ewos were $16, China Entertainments are quiet at the outset, but firmed up wanted at $15.25.

a great deal at the close to Tls. 15.00 with business effected at Ts. 14.00 to Tia, 15.50..

Public Utilities. Hong Kong Trams were very firm and sales were reported at $20/211. Star Ferries eased off a little and

Construc-

Dividends. The following divis dends have been declared.Bank of East. Asia Ltd, $8. Green Island Cement Co. 45 cents Old shares and 6 cents New shares,

Exchange-To-day's rate of Ex- change, T.T. on London is 1/4% could be obtained at $92. China and on Shanghai 744. Lights were very prominent and Forward Settlement Days- closed with many buyers at March 22, and April 26, 1982.

THE BANK OF EAST ASIA, LTD. 211 Hong Kong Electrics

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central.

H HONG KONG.

Ban Francisco

Seattle

Bomerang

Bingapore

Capital and Surplus Total Resources ...

Boerabara Bydro Tientalu Tokyo Taibgtau

Interest #allowed "on" "Current Deposite received for Grad pratos to be obtained, on syy

HMOR

Hong Kong, Lith Septembery: 1:41.

over H. 8,000,000.00 over $30,000,000.00 Every description of Manking and Exchange business transacted.

Current and Fixed Deposi Accounts in local and for- eign's currencies: opened for ellenta.

Savings Account and Safe Deposit Boxes. Branches and Agencies all over the world."

KAN TONG PO,

Chief ManSENT.

were put through at $74/741⁄2. Telephones (P.P.) had a sharp

rise and were in demand at $221⁄2.|lished rights, which are part of, the Miscellaneous. Cements ex-national economy. They are not perienced a very brisk market demanding,, In short, something with large quantities of shares now, but the retention of something changing – hands at... improving which they already have. In parti rates from $16.85/18.50. Hong cular, they ask for recognition of Kong Ropes were sought for at the principle that there should be $16. Dairy Farms continued no discrimination, now or in the steady et $28% ex the dividend future, against any United Kingdom of $1.75 just paid.-- Hong Kong subject carrying on business In or Amusements met with good de- with Barma That principle has mand at $191 without attract bean generally accepted, although, ing sellers Constructions (old) as we pointed out recently some remained steady at $5.20, while modifications are suggested, which, the new shared were transacted unles Is taken, may tend to at $1.80.

weakan its application in practice.

column.)

TO-MORROW AT THE KING'S.

A Lover by Day... "At Night a Fiend

DR JEKYLL

MANYDE

With the incom

gamble the of *The Royal ! Family "ang pacted by one of

Fredric March Miriam Hopkins Bose Hobart

a Gazzmourt Picture

-ADDED FEATURE, NEUTRALS SACRIFICE

IN

PRESENT WAR HORROR AT SHANGHAI,

FUNERAL OF

ABLE SEAMAN H. A, FRANCIS, AND ABLE SEAMAN H. G. PRIOR OF

H.M.S. "SUFFOLK" British Seaman laid to rest. International tribute to victimis. of shelling at Shanghai.

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