1932-04-02 — Page 2

M|::

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Leshare Capital

Invood and Fully Paid f

Beer Funds: -

Barling

Si

RAMMING 0,100.0

Reserve Liability of Proprietare $25,

HEAD OFFICE: HONG KUNG

BOARD OF DIRECTOR -

flog Mr. J. J. Patarson

Chair.

T. E. Panic 1

Deputy Chairma

Re

CON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1833.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

£3,000,000 ,£4,000,000

Reserve Llability of Pro-

jirietors

£3,000,000

Agencies and Branches:

ALOR STAB

AMRITSAR

AUCHING

MADEAR

flow. Mr. W. 11 Felt.

4. &. Plaza, M 71

P

BANGKOK BATAYIA BOATAY

CALCUTTA

毕业

CANTON

4. M. Complem, End. T. H FL - E41

J. Nr. 0. 0, F. Markle J Warran

4. Michle, Eng.

V. M. Ophurn. Esa

Chist Manager.

RLANFFIEN:-

AMOT

BANGKOK

BATATIA

BOMBAY

CANTON

CONDEN

(YONS

MALACIA

MANILA

DAWNPURA

CENO

COLOMBA

DAIREN

VANILA

MEDAN

NEW YORK.

P1736 Peatug! PENANO

BAKODON

SAIDON

SENABANG

-EREMBAN

SHANGILLAT

SINGPORE

DELAI

MATPTION (AMBURG ANKOW LLARBIN

LOND RUS

LUTAWAN

TARAYA

TAIPING

THENTNIN

TOKYO

114010

GALOUTTA

CERVOO

COLOMBO

DAMDEN FOOCHOW TAIPONG

HANEUBO

HANKOW

L’A dachorn

VERDEN

SEW YORK

PRITING

Irou

BARACHI

HARDIY

ΠΟΝΟΙΕΣ

norto

под

Гонса

בתס1

LOWLOON

KUALA LUMPUR

J

TENAN

BANGS

SAN FRANCISCO

ARON

SHASOHAL

*INGAPORE

NOUHARYA

VIENTSIN

FORYO

THINSTAQ

PUNGE PATANI

TOROHAKA

Current Andante opened in Love! I'm... and Fixed Depolia racired to don

shorter periods in Loral Currency and being ww herma wilok will be good oppheth Hong Kong, 30th March, 1932.

HONG KONG SAVINGS BANK.

The Best of the a thick in confurland by the FONG KONG AND SHANGHAS BANK ING OOBPODATION, Ray be obtained

appilation.

FOR THE HONGKONG AND SPANGU! SANTING OORPORATION,

V. EAT BURN

Hong Kong, di Felsmaars, mis

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hong Kong. Authorised Capital (H.K. Curraney) Pull-Up Capital ........ apogitech maketi Racer Fund....

BLANCHES-

Capton, Shorbal.

$11,000,00

↑

8.884.000

Betiko Koslow Bangkok, New York and Bus Ma

LONDON BANKERO

The Lloyd's Bank, Limita

PORRESPONDENTS

ta si principal cities of ike World.

Foreign Xoange and banking banneer

**

every demsciplin transacted.

„suta! of from 30 la $49.

Bala Depala Bexas (variona slam, si a charit

LOOK POONG SHAN,

Chlef Manager.

THE BANK OF CHINA. 行銀國中

THE HO HONG BANK, LTD.

(Fatablished 1917.)

THE

CHINA MAIL.

Commerce and

Finance

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

Reserve Liabilities

of Shareholders.

Surplus

Authorised Capital Straits $20,000,000 Tanned Capital

8,000,000

Paid-up Capital

4,000.00%

4,000,000 2,687,000

SHARE MARKET.

Weekly Reports by Brokers.

„Branches, Agencies and Correspon dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG 8001,

Manage

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, NEW YORK.

Chital, Surplus and

Undivided Profits U.S.$226,347.468.11.

Branches in:—

ARGENTINE

PONUKA (llbaka!!

BELGIUM

KLANG

TRINITAQ

BRAZIL

APROTAMA

KUALA KASOSAB

ZAMBOANGA

CHILE

KALA JEMB

CHINA

COLOMBIA CUBA

DOMINICAN REPUBLIC

INDIA ITALY JAPAN

Foreign Exchange uni General E Banking business transacted.

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

J. STUART,

Manager. Hong Kong, August 17, 1981.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.

INETHERLANDS TRADING SOCIETY

DANKERS.

Eatablebed 1824.

Houg Kote -11, Queen's Road Cantrel

Authorised Cegota!...

Kamery Fund ..............

Paid Up Capital

Calcutta,

. Oudidara 180,000,ÖND

Guliders 80,000,

Gullders 40,015,min-

Kond. ( AMSTERDAM”. Enter Elted CL7-BATAVIA. Branch: Bandjatenacio Bandoeng. Borsbey, Cheriboa, Djember, Djck- jakarta". The llague", Jiddah, Kobe, Makasan. Siples, Palembang, Paka- longan Perty. Rangoon, Bollards". Bancarang, banghai, "Singapore, Boere Ela, Berakarta (Balo), Tegal, Tyčletjap And Wallorden",

•bers res huru Huda Imposta Hozan to fet.

LONDON BANKERS :- NATIONAL PROVINCIAL BANK LTD.

Correspondents all over the world Banking due! Laws of every depiptine leangarited.

A. STOKRINE.

long Kong, let December, 1991.

THE

Manager.

AMERICAN EXPRESS COMPANY.

U.S.$8,000,00 U.S.$1,572,466 U.S.$1,008,208

LONDON

MEXICO

G. A. HARRIMAN.

wwww

SATURDAY, APRIL 2, 1932.

BIG DEMAND FOR WOOL

SPIRITED BIDDING AT SYDNEY. SALES.

་

London, March 7. Sydney market since the opening of Buying orders were plentiful at the 1981-32 season. The estimated the Sydney wool sales during the offerings for the full selling year Banks:-Hong Kong Banks have last two weeks of February, and as are 1,125,000 balos. Therefore, 63 changed hands at $1,450/1,470 and a result firm values were recorded. per cont, of the year's clip has been there are further buyers at $1,475. | Japan, France, Germany, Britain, sold, Bank of East Asia Lre buyers at Italy and Belgium all participated The following figuros show the

in spirited bidding. 1

shipments made from Australia to Insurances: - Canton Insurances | At the beginning of February, the principal consuming countries are nominal at $1,200. Underwriters states a British United Press mes- during the half-year ended De- are buyers at $4.00 and sellers at sage, the season's highest price of cember 31, compared with the $4.15. Union Insurances are wanted 82 pence was secured for ewes same period of 1930:-

$112.

jat $460 with sales taking place at fleeces from the New England dis-

$470. China Fires are nominal at|trict of New South Wales.

Increased purchasing activity on

1931, 1930. Bales. Balcs. .566,024 497,283 204,816 193,092 .184.464 293,081

.161,125 212,467

.122.304 184,694

$560. Hong Kong Fires are in Friday, April 1. demand at $1,16 Ex Dividend. the part of France and Germany United Kingdom Mr G. A. Harriman's weekly Shipping:-Douglases have chang-was the most cheering market deve- Japan share report and market reviewed hands at 327.00. Waterboats are lopment towards the end of Janu-France issued at noon, states:—

buyers at $19.00.

ary, That improvement was be- Germany With the re-opening of the Mining:-Goldfields are buyers at lieved to have been due to the gra- Belgium two Exchanges after the Easter $1.50 with sellers asking 25 cents dually decreasing supplies of raw Italy

.116,652 86,816 holidays the market retained its more. Raubs are sellers at $36.50. materials in those countries. United States 23.985 $3.465 buoyancy although the volume! Tronoh Mines are wanted at 13/-.

The big increase in Japanese of business was inclined to be on- Lands, Hotels and Buildings:--- To the end of January 712,722) purchases was due, no doubt, to the the quiet side. The chief inter- Hotels are quiet at $13.60 C.R. bales of wool had been sold on the war clouds in the East. est, however was centred in the Nominal, The Rights are wanted Speculative section where Ce-at $2.75. Hong Kong Lands SETTLEMENTS ments were in steady demam buyers at $77 with seller at $77.50. A FIELD MARSHAL'S sheath

around $18.90 cum dividend with Hong Kong Rallys are neglected at cash scrip hard to obtain. Hotels $10.75 nominal. Humphreys

PANAMA

PERU PHILIPPINE ISLANDS

PORTO RICO STRAITS

URUGUAY

VENEZUELA

Commercial and Travellers' Letters eased off to $13.20, and China seliers at $17.40.

taken at rates

that

are

аге

Big January Total.

SWORD SOLD.

Golden Sheath and ·

Hilt.

is of solid gold, and the golden hilt of the sword is studded with diamonds and precious stones.

The sword was purchased by the London Bullion Company, of Hay- market. The price, a very substan tial one, was not disclosed.

of Credits, Travellers' Cheques, Blts Lights to $20.75. In the Invest- Cotton Mills:-Ewe Cottons have of Exchange and Cable Transment Section Lands were in been very steady, and buyers are bought and Bold, Current accosts strong demand at $77.00 cash and offering Tack 14.80. Shanghai and Savings Bank accounts opened $77.75 May, and Trams were en- Cottons are Tala 72. and Fixed Deposits in local and for quired for at $21.25,

The managing director said that The ster!- Docks, Wharves and Godowns:- eign currencies

the sword was a thing of too great may be ascertained on applicationto ing section did not reflect the Kowloon Wharves are neglected at

beauty to go into the melting pot, the Bank.

drop in exchange as much as $145 nominal Providenta Old

London, March 7. and its historic value was too great. We are also able to offer our might be expected although shares are buyere at $4.60 Ex Divi- Among the incidents of the "gold He was wondering, he said, what tomers the services of the Branes Unions were strong at $460.00 dend and sellers at $4.80. The rush" on Saturday was the sale in to do with it. He might offer it to of the International Banking or-i poration in Spain and also of me (being an investment of ap- New shares ne nominal at $2.20. London, of a sword presented to a the Corporation of the city National City Bank of Nework proximately 8 per cent. at this Kowloon Docks are wanted at $25 famous Field Marshal by the popu- Africa which presented it to the (France), S.A., in Parla and N figure) and Banks were strong at with sellors asking $26.

lation of a South African city dur-Field Marshal, or he might present $1,475.00. The holiday spirit Public Utilities: Hong Kong ing the South African war. Thej it to some London museum.

R. M. MCLAY:

Hong Kong, March 1, 1882.

Manager

HEAD OFFICE:-Taipeh, Formdia.

was inclined to prevail through- Trams are in demand at $21.10, out the week and consequently business having been done at the volume of thading was on $21.10/15. Star Ferries are buyers THE BANK OF TAIWAN, LTD. the quiet side, but entire con- at $92 and sellera at $92.50. Adence reigned throughout, the Yaumati Ferris are wanted at $56 (TAIWAN GINKO.)

market closing with a steady C.R. but there are no sellers. The tone in all sections.

| Rights are wanted at $8.00. China Banka-Hong Kong & Shanghai Lights (Old) are buyers at $20.75 Banks were slightly better with after sales at this rate and the New: business reported nt $1,450/99, shares at $20,40, business being buyers prevailing at $1,475. Bank done at $20.50. Hong Kong Electrica of East Asins continued in demand are in demand at $78. Telephones at $112 ex the dividend of $6 plus are quiet, sules having taken place $2 bonus just paid, sellers asking at $23.40.

incorporated by Special Imperia];

Charter, 1899.

Central Back in Form Bank-Nusoe issued Average amount ...Žeu. 45,000,000 BILANCHES AND AGENCIES: JAPAN--Toyko, Yokohama, Kobe, Osaka 10

FORMOBA:-Girs, Had Karenko,

Makang. Nanto, Shinchiku, Talchu, Takeo.!

Tamaut, Toan. Hello, Taito CHINA-Shanghai, Bankow, amor, wo

Swalow, Canion.

OTHERS--Hog Ring. Bingspore,

Bo

Semarang, Bateria, Bombay, London, Tork, Dalok.

LONDON BANKERS:

Barclays Bank Ltd., Lloyds Bank. Ltd..

Midland Bank, tid. Westminster Dank, Ltd.

Commercial Castigs thenughout the world.

K. NAGUHA.

Миопуст

HONG KONG BILANCE

1 De Vour Road Contest. Hang Hong, Donember 9, 1001.

a

$114.

Miscellaneous: Cements Comb. Insurances-Unions met with are buyers at $18.35 and sellers at enquiries at $460, shares having $18.55 Ex dividend. The Old changed hands at $470.

sharca are wanted at $12.50 and the Shipping Douglases improved New at $5.50 Ex Div. Ropes are to a buying rate of $27 with sales sellers at $14.50. Dairy Farma reported at this figure. Hong are sellers at $29.00. Hong Kong The Bank bas Correspondents in all the principal Kong Steamboats were wanted at Amusements are inquired for at

$222.

$21.00. Constructions are buyers at Docks, Wharves and Godown (Old) $6.30 and (New) $1.90.| Hong Kong & Kowloon Wharves Lane Crawfords are again neglected were neglected. Providents were at $5.90 (Old) and $5,76 (New) in demand at $4.75 for the old nominal, Watione are wanted at sharea and $2.20 for the new. $16.50 C.R. and the Rights at $3.50. Hotels and Real Estate?-Hong Powells are nominal at $3.35. Gov- Kong & Shanghai Hotels were aernment Loans are inquired for at bit easier closing with sellers at 103 with sellers asking 104. China $13.40. Hong Kong Lands firmed Entertainments sre buyers at up a great deal with enquiries at $14.40. $77, transactions having

Exchange:-To-day's rate of Ex affected at $76/77. Hong Kong change on London T.T. is 1/3% and Realtice changed hands at $10.90 on Shanghai W1⁄2. closing much easier with sellers at this figure.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

10, Omerchurch Street, London, X.0.9.

INC.

Head lice:-55, Broadway, New York.

special charter of The National Gov- ernment as an

Reorganised October 28, 1928, under

Capital

Surplus

Reserves

INTERNATIONAL EXCHANGE

BANK.

BRANCHES:--

Subscribed Capital

$25,000,000.00

Paid-Up Capital

..$24,710,200.00

Antworp Athon

the Glasgow Having

Klow Naples

Authorised Capita!

Pirmus

Subscribed Capital

Reserve Funde

.$ 3,820,609.82

En

Hamburg

Faris

Paid-up Capital

Berit

Foto

Biarrita

interaks

taking

Ulay

Juniatam

Paleru

*tremen

Lido

Bettenta

London

Bome

Oui ole Ales

Cairo

Liverpool Lancerom

Stamboul

Langkok

1poh

Penns

Shanghal

Hintavia

Kandy

Port Loula

1.ugana

Routhampto

Bymbay

Karachi

Singapore

Calautia

Kota Bharu

Starline

St. Morits

Colombo

Kuala Lipis

Fontain

Delhi

Kuala Lumpur

Vienna

Varico

Bourabaya

Tokohama Turich

New York

HEAD OFFICE: SHANGĦAL

HONG KONG BRANCH: Queen's Road Central.

Owing to our numerous branches in China and large connections in the important cómmercial 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- +49 Government both at home and abroad.

SHOU J. CHEN,

Manager.

Hong Kong, 6th March, 1981.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880,

Capital (fully paid-up) Yen 100,000,000 Reserve Fand........Yen 117,200,000

Head Office-YOKORAMA.

Branches and gencles at: Alexandria

Bateria:

Berlin

Bombay

Calcutta

Canton

Changchun

Nagasaki Nagoya Newchwang New York

Osaka Paris Pelping Rangoon

Hamburg

Francisco

Hankow

Beattie Semarang Shanghai

Shimonoseld Singapore

Dairon (Dalny)

Fengtien (Mukden) Rio de Janeiro

Ken Lour

*Honolulu

Kai-Xuen

allowed on,

Deposits received for fixed perioda aten be obtained on application.

E-MORI

@King, 11th March, 1983.

Call CAGD Calonsbe

Chastuszopk Monte Carlo

Capotahagen Painburgh Please

Masila Munich Monless Milan

Branches of American Express Com- pany in Principal cities of United States of America and Canada.

All classes of Commercial Banking | Transactions undertaken.

Porsonal handled.

Investment accounta

The Company offers to intending Travellers the use of its "Travellera Cheques" and Letters of Credit and. in addition, the world-wide services of its thoroughly equipped Travel Department.

E. W. DUGGAN,

Manager.

£8,000,000 1,800,000 1,050,000

Reserve Fund and Rest 1,888,845

DANKERA

The Bank of England & Midland Beuk, Ltd.

والدة

Howrah

BRANCHES:

Tearoom Shanghal Bicola Eventen (Pahang) Singapore

Madran

been

attracted

Cotton Mills.--Ewos very little attention; though some business was done at 14.80, sell- ers prevailed at the close however at 714.60 cum. dividend.

Public Utilities.Hong Kong Trams were in good demand at $21 Every description of Banking and Eachange bit but sellera were scarce. Star Ferries after having been dealt in at $92/927 were obtainable at the INTEREST allowed on Current Accounts and former figure. China Lights (old)

application.

HONG KONG BRANCH,

nose transacted.

Trallara Chagua turuod

Trustee and Executorships under-| taken.

* Bring Your PRINTING. Problems to US

THE NEWSPAPER ENTERPRISE· LTD. GMINA MAIL BLDG. + SA WYREHAR ET

Forward Settlement Days:---April 26 and May 24, 1982.

DISARMAMENT.

How Britain Will Profit.

weeks' food

The econome issues of disarma- en Oplice at Raice that may be certained could be placed at, $20% while the ment. were discussed by Admiral J. B. ROSS, new shares were put through at Mark Kerr last night in an address Manago $204. Hong Kong Electrics ean-to the Withington branch of the 1. Queen's Road Centraî

Hong Kong, 24th March, 1982. tinued jin demand at $72 with League of Nations' Union at the sellers asking 50c, more. Tele- Withington Town Hall. Alderman phones (P.P.) were on offer at $24. Titt, the Deputy Lord Mayor, took

the chair. Miscellaneous-Cements (comb.) remained. firm with sales effected; No country in the world, Admiral at $18.75/18.90 closing steady at Kerr maintained, stood to gain more $18.85 ex the dividend of ble, just than Great Britain by a reduction. paid. Hong Kong Ropes were ob-in armaments. While other coun- tainable at $171⁄4. Dairy Farma tries were self-contained, we never were realised at $283⁄41⁄4/29, Hong had more than seven Kong Amusements were enquired supply in the country. Every other

realised (for at $20.80 without attracting country

that aboll- sellers. Constructions (new) tion of merchant raiders, light changed hands at $1.85/95 and cruisers, and submarines would there were further buyers at the work most strongly in our favour.

difficult at forde (old) were reported at 85%. make our position

Forward Settlement. Days-26th Geneva. Apart from the question April, 24th May and 28th June. of starvation we should stand to gala enormously through a reduction in expanditure. In the days · of Nelson We pald £100,000 for the biggest | Hong Kong, Friday, April 1, the resumption of business unit in our nay, before the Wash after the holidays the market opened 12,000,000 thanks to that Confer Ington Conference we were paying steady but quiet and has remained

THE BANK OF EAST ASIA, LTD, former rate. Sales of Lane, Craw. It is this which helps sometimes to

HEAD OFFICE:

Established 1918.

10, Des Voeux Road, Central,

, HONG KONG

evor His 8,000,000.00.

business

Capital and Surplus Total › Resources

**Every "description of Banking and Erah transacted

Current and Fixed Depoal Accounts in local and for- sign currencies opened for best 25 for t

Bavings Account and Batë Deposit-Be Branches and Agencingzás

CARROLL BROS.

no material.change in rates. The

so during the week with however enco we were paying to-day only £1,000,000 for our largest unit, and even that could. "be" drastically anded by agreement

is a fair amount of buying

in the market for the better Investment stocka but sellers are

TONG PO

very

ection, it was Interestli

had never

Cottona have been firm with

fect

aval secir fy

Overland China Mail.

A WHOLE WEEK'S NEWSPAPERS IN ONE.

Latest news, concerning the hostilities between China and Japan, is chronicled in the OVERLAND CHINA MAIL.

*

A sensational.bomb explosion occurred in Battery Path on the morning of March 30. Choy Yuen, a coolle employed at St. John's Cathedral, was severely injured.

The explosion occurred among the shrubbery lining the * side of the path running past the Cathedral, just behind the

French Mission's Building.

*

Immediately following the crash, Choy was seen to fall over the wall into a drain on the elevated part of Murray Parade ground. A full story appears in the OVERLAND CHINA MAIL.

it was certainly not the favourites' day at Happy Valley on March 26, when the opening programme of the Easter Race Meeting of the Hong Kong Jockey Club was held under ideal conditions.

The long string of big dividends, paid by both winning and placed ponies, did much to promote optimistic atmos- phere. A sensation was caused on the second day, when in one event, Daylight Eve (Mr. Palmer up) paid a record dividend of over $1,000 for a win, and $138 for a place.

The meeting is reported In detail in the OVERLAND CHINA MAIL.

*

That there had been a substantial improvement in the net profit for the year was reported by Mr. C. A. da Roza, Chairman of Directors, at the 35th annual general meeting of shareholders of the China Provident, Loan and Mortgage Co., Ltd.

The profit, $90,384.43, is an increase of approximately 80 per cent, over that of 1980. The meeting is given in the OVERLAND CHINA MAILADRE

•

Mr. E. W. Blackmore, in a speech at the annual dinner of the Institution of Engineers on March 24, outlined the work done by engineering science in Hong Kong during 1981.

"The past year," he said, "In spite of trade depression, has been a reasonably prosperous one for the Institution, many new members have been enrolled and the period has been financially successful.

The function is reported in the OVERLAND CHINA MAIL

There is no phase of the life of the Colony or of China that does not, receive attention in the OVERLAND CHINA MAIL the weekly paper that YOU MUST. ORDER NOW."

READY NOW.

Mail via Suez closes to-morrow at 9:30 a.m.?

and at 10.30 am. respectively. and via Siberia closes at 6 p.m. to-day and 5 p.m. to-morrow.

SINGLE COPY

THE OVERLA

25

in