1932-03-30 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autherland. Ospital

Limond and Pully Bald-up

Hoovers Fuada:---

Sling

BOO.COM

10,000,000

£ §,500,000

$10,000.000

Hapurro Liability of Proprietors a 200,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTOSE}~~

Hes. Ye, J. Y. Palerson. Chairman.

T. 3. Pharon, Kag

Depely ChaHEAD.

M. 2. Bui. Bat.

J. à. Plummer, Boy,

A. 2. Dompion, Eaq.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1868.

THE CHINA MAIL

THE HO HONG BANK, LTD.

(Established: 1017.)

HEAD OFFICE:-SINGAPORE Hong Kong Branch: 19, Queen's Rd. C.

Authorised. Capital Straits $20,000,000 Isrued Capital .... Paid-up Capital

Reserve abilities

of Shareholders. Burglas

#

8,000,000

4,000,000

4,000,000 2,887,000 Branches, Agencies and Correspon- .£3,000,000 | dente in the prinsipal cities of” the

£4,000,000 | world.

Every description of Banking and .£3,000,000 | Brehango' business transacted.

TAN ENG HOOL,

HEAD OFFICE: LONDON,

Fald-up Capital

Reserve Fund

Reserve Liability of

Pro-

prietors...

Agencies and Branchon:

ALON-STAR

KUCHING

1. {1. 9. Bhaw, Esq.

Ha Mr. Q, Q. 8. Mmokin. 2. 2. Warren, Mog.

§. Khalla, Baq,

V. M. anyburo, Eg

AMRITEAR BANGLOR BATAVIA BOKBAT CALOUTTA CANTON

GAWNFORE

ČEBU

OBATAVIA

BRANOREN:-

Mor

LONDON

*BANGKOK

LEONG

MALACOA

KANILA

BUAH (Johor)

MUIDEN

NEW YORKT

PEIPING

MOMBAY

KALOUTTA

UANTON

CHEFOO

COLOMBO

DAIREN FOODHOW

HAIPHONG

HANBULS BANKOW

GARBIK

HOMⱭKEW

ILOILO

под

JOHORE

коя

KOWLOON

KUALA LUMPUR

PENANG

RANGDON

ALOON

BAN PRANCISCO

GANDHAI

SINGAPORE

SOURLEYA

RUNGET PATANI

TIENTSIN

TOKTO

TRINGTAO TOKOHAMA

Dermal Accounts opeand in Loud Durang

Fixed Depois ostred for one year a shorter perioda in Local Currency and Sterling annend which will be quoted on splinskis. Hong Kong, 27th February, 1931.

HONG KONG SAVINGS BANK.

The Buzzses at the shore Bank la conducted by the HONG KONG, AND SHANDRAY BANK- no 00FQATION, Hư'so may be eblalsed

applianico.

PAR THE HONGKONG AND SHANGHA! BANKING CORPORATION.

J

V. H. GRATBORX,

Chial Manager. Hong Kong, 27th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong. Authorised Capital (ILK. Ourrency) -$11,000,000 Peld-Up Capital 86,000 1,100,000 Smeets Fund aus

BELL NOMES -

Gain Shanghai, Hankov, Bangkok, New York and 848 Franciaco

LONDON BANKEES |--

The Lloyd's Bank, Limited.

DORRESPONDENTS

In a principal siline of the World.

COLOMBO

DAIREN

DELHI

KADRAS MAXILA

MEDAS

PENANG

BANGOON

Manager

NEW YORK

THE NATIONAL CITY BANK OF NEW YORK..

FEPING (Pekingi

BALGON

SEMARANG

HEAD OFFICE: 55, Wall Street, NEW YORK.

SEBEYLAN

BAIPHONG

OHANGHAI

HAMBURG

ПАНКОЙ

SINGPORE SITIAWAN

Capital, Surplus and

Undivided Proßts U.8.$225,347,466.11

RABBIN

SONRADATA

HOT TONE

TAIPINO

Branches in

KONO

TIENTBIN

TORYO

ARGENTINE

LONDON

KARACHI

TONOKAH (Bhubet)

BELGIUM

KLANG

TBINGTAO

BRAZIL

KOBE

YOXDRAMA

MEXICO PANAMA

KUALA KANGSAR

ZAMBOANGA

CHILE

COALA LUMPUR

CHINA

PERU

Foreign Exchange

and General LUR

COLOMBIA

CUBA

DOMINICAN

REPUBLIC

INDIA ITALY JAPAN

ТРОН

Banking business transacted

Current Accounts spened and Fix-

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

J. STUART,

Manager. Hong Kong, August 17, 1981.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.

(WITHERLANDS TRADIMO BODIETY

DANKERS.

Bata Mished 1894.

Ben Loor Oos:-11, Queen's Bond Central.

Authored Capital Paid-Up Capital Barve Fund

Guilder 100,000,000-

Guilders (0,080,500.

Golders $0,016,000-

Dick

Esed Op-AMOTZADAM”. Easter Eged Ros;-BATAVIA.

Bandeng Bombay, Branches:--Bandjarmasin,

Calonia, Uberiboo, Djember, {arts. The flague", "Thank, Lobe, Makassar Modas, Palembang Pal Songan, Penang, Rangoon, Botterdam", Bemarang, hänghal," Singapore, Spera bala. Horskarta (Solo), Teyil, Tillatjap and Waliorrodea",

Those of bars Safe Deposit Bezas to Lat

LONDON BANKERS –

NATIONAL PROVINCIAL BANK LTD.

Bustomy

nom of every dancripálne transgoled.

1 STOKKINE,

Мазары.

Hong Kong, at Decembar, (831

Terelga kaugs sad, beaking bampere al

every description teachd.

Mala Depot Besse (various slase) si a pourly

ronted of leach B5 to $40,

LOOK POONG SHAN,

GEMS

Commerce

mmerce and Finance

-AMONG MUCH · JUNK

THE GOLD STREAM.

Disappointed Sellers of Jewellery.

Fleet Street, March 4.

WEDNESDAY, MARCH 30, 1932.

HONG KONG WHOLESALE

PRICE INDEX

FOR YEAR 1931.

As measured at the Statistical rencies of other countries subse Branch of the Imports and Exports) quent to that date. Department, wholesale prices in In some measure the, downward Hong Kong during the year 1931, movement in commodity prices in on the basis of 1924-100, showed, Hong Kong in the last quarter of on balance a general aver the year can be attributed to the jage Index number slightly more appreciation of local currency in than double the index figure for relation to the currencies of coun- the United Kingdom, as measured tries which had abandoned the at the Board of Trade, the respec-gold standard. [tive figures reading: Hong Kong So far as Hong Kong is concern- 127.5; United Kingdom 52.6. It ad, Total Food prices declined 0.3 should be understood that the ree: per cent. In the last quarter of pective indexes are not strictly the year as compared with the comparable.

September quarter; Cereals declin- From the following tables iting 2.8 per cent, Meat and Fish will be seen that the Board of 12.8 per cent, while Other Foods by the tragic young Tsarevitch, aTrade Index number fell steadfly advanced 6.5 per cent. One extraordinary feature of present to his doctor.

In the Other Than Food group In the first three quarters of the

an average decline of the gold rush in London is the Mr. Bentley told a Manchester year, a slight rise being recorded there was fact that at a time when cautious Guardian representative that a lot in the December quarter: while 2.1 per cent. Iron and Steel fall women have learned to hold tight- of gold had been sent to him from the figure for Hong Kong advanc- 12.7 per cent.. Coal 5 per cent., ly to their hand-bags and to look abroad and that he had bought a ed slightly in the second quarter. Wool 28.8 per cent. and Other Tex- Other Metals and askance at any motor-car crawling considerable amount from Russian and declined in the third and last tiles 2 per cent.

Minerals remained practically sta. near the kerb so many thousands exiles, including 900 Russian five-quarters.

The continuous decline in whole- tionary while Cotton advanced of people are travelling about rouble pieces that were offered to carrying stores of gold and are so him this week.

sale prices in the United Kingdom, 11.4 per cent. mainly on account little afraid of molestation that One woman had brought in two, which had occurred month by of the boycott of Japanese goods, they will even stop on leaving a silver salt cellars not knowing month since October, 1929, made and Miscellaneous Items 5.8 per Commercial and Travellers' Letters shop to finger their bank-netes in their value. He gave her £300 for its firat break in the latter part of cent. of Gredita, Travellers' Cheques, Bills

As from the The index, for al), articles for each of them, for they were rare September, 1981. of Exchange and Gable Transfers the street. bought and sold. Current accounts None of our detective-story writ-pieces of the James I. period. But 21st of that month the sale of gold the December quarter of the year and Savings Bank accounts opened ers has ever invented anything as these are Infrequent incidents, by the Bank of England at a sta- declined 6.4 per cent, as compar. and Fixed Deposits in local and for- eign currencies taken at rates that astonishing as the unearthing of Most of the stuff brought in has tutory price ceased to be obligned with the first quarter, 6.7 per may be ascertained on application to England's golden millions, and if no artistic value and most of it is tory, and the upward movement cent. as compared with the second they have they would never have junk. Unfortunately many people, in the Board of Trade index was quarter, and 1.6 per cent. as com We are also able to offer our Cus dreamed how well-behaved we especially since the gold rush be directly attributable to the changpared with the third quarter. tomers the services of the Branches could be. The visitor to one of gan, imagine that because the ed relation of sterling to the cur- The comparative Index numbers of the International Banking Cor-

are given hereunder:- poration in Spain and also of The the gold-selling centres may look gold sovereign is worth so much

1924 = 100. National City Bank of New York with some apprehension at the more their gold and silver jewel- (France), S.A., in Paris and Nice.

the Bank.

PHILIPPINE ISLANDS

PORTO RICO STRAITS

SETTLEMENTS

URUGUAY VENEZUELA

R. M. MCLAY,

Hong Kong, March 1, 1932.

stores of sovereigns heaped on allery may be worth nearly as much shelf, or the sacks of silver and as they gave for it. After stand-

Manager.

HEAD OFFICE:Taipeh, Formoss,

Incorporated by Special Imperial. Charter, 1899.

Central Bank in Formosa.

BRANCHES AND AGENCIES: JAPAN-Toyko, Yokabane, Kobo, Osaka,

that's all right; ed."

ware

was

Other Metals & Minerals.... Cotton Wool ......

Hong Kong Index 1st Qr. End Qri Brd Qr. 4th Qr. 61.8 124,0 112.6 116.1 112.8 75.6 72.8 182.1 167.8 156.6 136.6 80.0 70.0

126,6 185.8 127,6 135.9

85.2 68.2

ard of Trade Index

1st Qr. 2nd Qr. Brd Qr. 4th Qr.

54.6 66.3 53.1 80.0 75.8 74.0 70.1

67.4 68.0

185.4 138.8

184.0 133.8

71.7 71.0

€9.8 74.5

181.6 144.9 123.8.141.7

144.4 128.0

142.7 185.0

188,0 118.8

138.3, 1884

08.2 107.2

45.2

46.3 40.8 45.5

09.8 87.4 65.0

46.4

Other Textiles 48.7 Miscellaneous.

Total not food' 02.2 00.2 57.8

82.9

1958. 149.2 90.5 69.7 .119.9 111.5 118.0

121.6 119.1

1811 181.5124.7 122.7

01.0 129.5 120.0

60.4 * 63.5

old jewellery, but the dealersing to-day in a queue on the stairs Cereals themselves, accustomed nowadays leading to the set of rooms where Meat & Fish:

and allver

Other Foods.. to think in hundreds of thousands gold

sold, the Manchester THE BANK OF TAIWAN, LTD. of pounds, day casually: "Oh, being

Total Food. representative spent we are protect-Guardian (TAIWAN GINKO.)

some time watching the sell Iron & Steel. 75.6 73.9

A8 they offered their Coal

70.4 69.4 The torrents of gold pouring in era to their premises are steadily fed collections for Mr. Bentley's valua-

67.1 62.4 61.2 69.4 from the little streams that trickle tion, a bewildering collection rang

48.3 39.5 42.8 .97.1 108.2. all day into hundreds or thousands ing from silver teapots to gold

42.9

215.3 40.7 248.4 If their hopes

53.2 99.8 101.0 of small shops in every part of spectacle frames.

65.9 122.0 Bank-Hotes issued Average amount .....Ten. 45,000,000 London.. The reports from the were too high when they entered amall goods shops is always the and they looked dejected If & gold Correspondania all over the world. Baking Bad FORMOSA-Giran. Eng. Karanka, Eung same-that the ornaments offered article, when tested, proved to be

Makong Manso, Bihachire, Ticho, Talaan. are mostly broken

04.0 or heavy Vic silver, or even base metal, they All Articles Takse, Tamaul, Toma, Hello, Taito OHINA--Shanghai, Haniow, Amoy, Foochow torfan stuff, and that if anything saw that the test was fair, and

Swalow, Danica. OTHERS: Hong Kong, Singapore. Borsby, of really fine workmanship is offer- generally accepted the offered Batavia, Bombay, London, Newed it is not sent to the melting price. In the middle of their deal- pot, but bought to sell again when inge came a telegram from Dublin! times are better, writes the Lon saying that 20,000 sovereigns were to Bentley & Co. don staff of the Manchester Guar- on their way

That made the traffic in odds and dian.

ends seem very trivial. Some of the men who know their

One of the staff said afterwardsĮ The level and storave of water in job say they are afraid that much that many women

021 March 1, 1032, had been tre- the reservoirs that is well worth preserving may mendously surprised to find how were a under:- be falling into the hands of in-small was the value of things for

City and Hill District. experienced buyers or of mushwhich they had given a high price. room traders, who jumble ugly and One woman, for instance, had paid yam Byewash rare articles together as food for £174 for a beautifully worked gold Tytam Intermediate

THE

Chief Manager.{ AMERICAN EXPRESS COMPANY.

Reserves

.U.S.$6,000,000 ..US.$1,572,454 .U.S.$1,908,209

York, Dairen

LONDON BANKERS: Barclays Bank, Ltd, Lloyda Book, Ltd., Midland Back, Lild., Westminster Bank, Ltd.

The Bank has Correspondsats in all the principal; Commercial Centres throughout the world" K. MAGURA,

THE MERCANTILE BANK OF

INC.

THE BANK OF CHINA. 行银・國中

Head Office-65, Broadway, New York.

Manager.

HONG KONG BRANCH:

3. Des Vaux Road Contest. Boog Kong, Dacamber H, 1981.

Reorganised October 26, 1928, under

special charter of The National Gov.

* ernment as an

Capital

Surplus

INTERNATIONAL EXCHANGE

BANK

Subscribed Capital

.$25,000,000.00

Paid-Up Capital

.$24,710,200.00

Reserve Funds

.$ 3,820,508.82

Beria

Berlin

Barris

HEAD OFFICE: SHANGHAI

Bombay

Dep

Brussels

HONG KONG BRANCH:

4. Queen's Road Central

Owing to par numerous branches in China and large connections in the fmportant commercial centres of the urid, we are able to extend to our clients special facilities for domestic and foreign banking and exchange.

Amacadam

Katwerp Athans

HEAD OFFICE

.£8,000,000 1,800,000 1,050,000 Reserve Fund and Rest 1,600,845

BANKERST

The Bank of England à Midland Bank, Ltd.

INDIA, LTD.

15, Granahurch Bizet, Londen, E.08.

BRANCHES-

Authorised Capital

Jsbo

Nlow Naples

Subscribed Capital

Paid-up Capital

Paris

Peking

Bolkardam Rams Blamboul

Bangkok

Frang

Batavia

Port Louis

Shanghai

Bombay

[Marius)

Southamplos

Lazer

Singapore

Kuala Lipa

Rangoon Shanghai

Calambo

Marallis

81. Morits

Constantinople Moose Carla

Zantala

Galla

Kusalas (Pahoog) Singapori

Oppenhagen Manila

Vening

Bong Kong Hornh

Made New York

Ботерили

Попив

Montress

Yokohaoss

Oozora Mila

Kurlab

HONG KONG BRANCH,

Buenos Aires

Calte

Balousta

Сарва

Ο μεγατ Havin Hamburg Kars Interlaken Jucunalaca Lido London Liverpool Everes Lupan

Vienas

Branches of American Express Com-

We also handle the issue of Bonds pany in Principal cities of United and other Pablle Fands of the Chin

Government both at home and States of America and Canada.

Abroad

SHOU J. CHEN,

Manager.

All classes of Commercial Banking Transactions undertaken.

Hong Kong. 5th March, 1981.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1920. Capital (fully paid-up) Yeu 100,000,000 Beserve Fund

.Yen 117,800,000

Hood Ollo-YOKOHAMA.

Branches and Agencies at:

Batavia

Bombay

(Makden)

Nagsanki

Nagoya

Newchwang

New York

Personal investment accounta handled.

The Company offers to intending Travellers the man of its "Travellers Cheques” and Letturs of Credit and, in addition, the world-wide services of its thoroughly equipped · Traval Department,

E. W. DUGGAN,':

Manager.

Calcutta

Colomba

Deli

EBAKOKEN T

Ipoh Kuody

Kanche

Kota Daru

Kuala Lumpur

Brary donation Banking and Exchange bod name troussoled.

Tenroller Chaque said.

Trustee and Executorships under taken

INTEREST #lawed pe Optrend · Accousta and Fixed Deposits Enter that may be soul on applicubico.

J. B. ROSS,

Manage 1. Queen's Bond Central,

Hong Kong, 24th March, 1982,

RELIABLE PRINTING

no order

THE NEWSPAPER: ENTERPRISE ATO,

▼ (JA MYRÉNART DE

Lai

the crucible. That is one reason

WATER RETURN.

All Reservoirs But One Below Level.

Tytam

Tuk

1931

1932

February, 1992-From February 1 to 29 constant street fountain sup- ply. was operated in all Rider Main Districts excepting '8 days (4th-6th) inclusive when a Full Supply was given on account of Chinese New Year.

Kowloon.

1931 1982 Kowloon Main .... 14' 0"B" 14′ 4′′B

60' 4"B Kowloon Byewach Shek Lal Pui

5' TB 11 1B Reservoir

Shing Man Recep 24′11′′B 15′ 8′′B

29 2B 24'11"

88' 9"B 37 8B

82 1"E 33' 8'

tion

11' 6"BL Storage in millions and decimals

t of gallons, 27 5PB Kowloon Mala.....

Kowloon Byewash Shok Lai Pul

Reservoir

1931

1982

222.60

·9.40

219.90 88.33

94.50 75.32

Shing Mun Recep

tion

6.22

of gallons.

1981 *205.31

1982

Total

332.72

89.15

868,76

49.47

48.10

754.58

6.98

727.68 Consumption

22.50

68.20

Consumption of water in Kowloon 265.04 in millions and decimals of gallons

during the month of February, 1982,

why people should go to firms of mesh bag. It was difficult for her Tytam Tak

24 6 B 21 7B to understand that as gold. It was Wong Nel Chung

21′ 0′′B 19′ 4′′B Another reason is that worth only £30 and that the rest okulum repute.

Aberdeen Upper the mushroom dealer may vanish of the price she paid represented Aberdeen Lower ... before he has paid for the gold, the fine workmanship and the [Note: B. denotes "Below Over leaving no. address. The expert would consider it a crime to dee End jeweller. Another

heavy overhead charges of a Weat flow; A. denotes "Above Overflow":

woman L. donotes "Level with Overflow." troy an article of rare beauty or

Storage in millions and decimals brought in a gold bracelet that historic interest.

had cost $15; she got 21 for it. Valuable Pieces.

"Nearly every farmer in the

Tytam One of the most interesting country seems to possess a 45 gold Tytam Byewash things that has found its way to piece," is the opinion of the staff Tytam Intermediate. Messrs. Bentley and Co., of Bond who are engaged in buying saver-ytam

Wong Nel Chnar Street, London, came from Con- eigns. They have bought quan- Poktolum

It la A beautiful tities of these handsome pieces Aberdeen Upper stantinople. little gold box ornamented with They have also bought a good Aberdeen Lower blue enamel and set with bril-many old Kruger sovereigns and a

Total ....... 1,038,79 1,140.22 liants, and it was the gift of the lot of spade guineas, which are Consumption of water in the Cluỷ Taar Alexander to his head must worth about 258. They have been and Hill District in millions and de clan. Mr. Bentley has given a rather surprised at the number of cimals of gallons during the month descendant of the musician £300 people who have brought them of February, 1982.

1951

1992 for the box. Beside it lies a gold cases containing antire sets of

Consumption... 201.34 238.09* cigarette case, the last gift mado gold and silver colns.

Estimated population 466,820 382,250 Consumption

heid per day --

FRANCE'S GOLD

STILL SELLING FOREIGN ASSETS.

Control of the Pound.

15.9

Includes 1,56 million gallon ... -

Mainland.

1981. 1992 117.54 181.47. 8.81 Estimated population 179,140 : 296,500 25.66 Consumption per

from

February, 1981 From February 1

bend per day

28.4 18.8 The reports of the Government Bac. terlologist and Analyst show that the quality of the water is satisfactory.

Total rainfall recorded by Royal

to Observatory from January ... 1 |·February 28, 1981; 37; from January

1 to February 29, 1982, 2.585,

NEW INVENTION.

to 28 a constant street fountain supply Grapes Kept Fresh For Months. was operated in all Rider Main Dies tricts excepting 3 days (15th-17th) in-d clusive when A Full Supply was given on account of Chinese New Year.

Paris, March 4 ling exchange was unaffected in the The weekly statement of the Bank week covered by the statement and would undoubtedly have risen much more after Mr. Neville Chamber- of France shows a very large in was, in fact, three centimes higher crease in the gold reserve and a still last Saturday than at the end of lain's statement in the House of Commons yesterday. The Bourse, THE BANK OF EAST ASIA, LTD. larger decrease in the foreign assets the previous week. This suggeste

however, had expected that state during the week ending February that it would have risen much high nut to be followed by further 26. The foreign assets were reducer but for the sales of sterling of reduction in the English Bank rat ed by 1,428,208,350 francs, the the Bank of France and that per and there was some disap7 largest reduction yet. single week. The

Total Reso

E-1918.

HEAD OPTICREVA

· 10, Den Voeux Road, Cintra TONG: He

the orded in a'žap

mainly in the assets at sight, fell more

than assets being

the

18 controlling the Paris

months:

The Press reports that Mussolini has instructed the Italian consulate in Budapest to furnish him with details of the Hungarian invention by which grapes may be preserved perfec fresh for a number of

When Mr. Berz Kecskemet, made his system

*~was received with

pticism, but afte

been able fo

October

that this bad not happened. The exchange has been relatively stable now for more than seven weeks,

aving payar Kaljen below. 87 franca Presexy Last

when it roselto

the

Bat

*;}