1932-04-23 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autherland Okzitat

Tegund and Fully Paid to

Thing£ 6,800,000

........................$10,000.00

50,000,000 1,000,00

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1953.

Bowers Fundo ---

HEAD OFFICE: LONDON.

Ants Llability of Proprietors

- 10,136

Pald-up Capital

HEAL OPTION: HONG LOXO.

Reserve Fund

£8,000,000 £3,000,000

→ OF DIRECTORA –

Reserve Liability of Pro-

prietors

£8,000,000

Agencies and Branches:

ALON STAR

KVOHINO

MADRAS

MAHILA

#Loa, Mr. J. 7. Paboraca. Ukaireman.

T. 2. Kaares. Kaq Deputy Chakras.

G. . . B. Ball, J. A. Placer, Zag

Detupion, Lag.

T. I. B. Baw. Kaq.

M. Jahan, Kag.

1. P. WAT, IM.

0. Mislin, Feq.

V. M. Graybar, Mag

IMOY

BATAVIA BOMBAY

ULLOUTTA

BANTON CHR700 COLOMBO

Chief Mansgu!,

LONDON

LYONS

KEW YORK

DAIRBN

FOOKNOW

WATPHONO

HAMBURG

BANKOW

FARBIN

BOKOKER

ILOILO

SPOR

FORORE

гози

KOWLOOK

KUALA LUMPUR

אונMEk

PEPING (Peking)

PENAND

ANDITHAR

BANGKOK BATAVIA BUMBAY CALCUTTA CANTON CAWNPORE ORBU COLOMBO DELHI

HAIPHONG

KAMNURG

HANKOW

MEDAN

NEW YORK

BANGOON

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 15, Queen's Rd. C.

Authorised Capital Strata $20,000,000 Issued Capital Paid-up Capital Reservo

Liabilities

of Shareholders

furplus

and

Commerce

Finance

6,000,000

4,000,000

4,000,000

2,687,000

SHARE MARKET.

Branches, Agencies and Correspon lents in the principal, cities of thr world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Manager

THE NATIONAL CITY BANK

• OF NEW YORK.

HEAD OFFICE: 85, Wall Street, NEW YORK.

Capital, Surplus and

Undivided Profits U.5.$225,347,458.11

Branches in

Weekly Report by Brokers.

CARROLL BROS.

now, are

SATURDAY, APRIL 23, 1932.

PRODUCTION UNDER

PROTECTION.

Sir W. Morris's Claim.

Sir William Morris, speaking at a luncheon at Birmingham at which

CHURCHES

A CHAROS OF ONE. DGLLAN. 18 MADE FOR ALL NOTICES.

THIS HEADING

UNDER

}

ST. JOHN'S CATHEDRALA HONG KONG

Sunday, April 24, 1932, Fourth Sunday alter Easter,

Holy Communion, 8 a.m..

1.

Holy Communion (Peak Church),

..

Children's Service, 10 a.m.

Matins and Sermon, 11 a.m. Preacher: The Dean.

Evensong, 6.30 p.m.

Preacher: Rev. N. V. Halward.

Week Day Services.

Matins-Daily at 9 a.m." Intercessions for the Sick-Wed- nesday at 10.15 a.m.

Holy Communion-Thursday at 7.45 a.m.

ti Ferries, cum. rights, have im- a Midland Council of the National proved to a buying rate of $86.25, Council of Industry and Commerce with no business to report. Yauma was formed, said that the great ti Forry 'Rights' are still wanted at object of the organisation was that 39, with nothing offering, China masters and men would be able to Lights, old and

a firm ask for what they wanted with che; market, with buyers at $21.10 and voice. Mr. Runciman's trouble to-

8 $20.60, respectively. Hong day was because one industry ask- Kong Electrics are quiet after salen ed for one thing, another industry Hong Kong, April 22. During the period under review at $73.80/74. Telephones are also for another. Both he and Sir Her

Sales were effect- bert Austin could say they had pro- the local Share Market has remain-on the easy side. ed very quiet and featureless, and ed at $24.10/24.15, and further duced the motor-car to-day under at 60 per cent. the volume of business passing shares can be had at $24, with buy- Protection

lower cost than before Protection. continues to

Aters now only offering $23.75. be very small,

Miscellaneous. Cements, combin- He was convinced that until they the close interest has centred chiefly on Cementa at slightly better rates ad, have been the medium of a very got worker and employer together for case and forward delivery...

large business during the past week there would not be any peace in

between $18.10/ Britain. Ewo Cottons are very steady at at various rates quotations, and there appears to be 18.30, and close with further buy- Sir Hugo Hirst said the crisis of ers for cash shares at $18.35, and a last year was a crisis in the illness more Buyers than Sellers.

Banks.A fair number of shares big demand for shares for forward of fifty years of thinking in a false,

The National Govern- Ropes are wanted at mentality. changed hands early in the week at delivery. $1,550/1,560, and the demand ap-the low rate of $14.10. Dairy ment had now a mandate. It had Mark's Day, at 7.45 a.m. Further Farms are easy with probablo seller's started working, but it did not pears to have been met. SETTLEMENTS shares are offering at $1,550, with at $28, and buyers at $27.50. Hong seem to some of them as businesa buyers holding off for much cheaper Kong Amusements have buyers at people that it had started with the $22, with sellers at cents efficiency and speed that they want-

Constructions, old, Insurances higher.

are ed. Someone was back-pedalling new in the machine. The League of In of Credits, Travellers' Chequer, Bills were sold at $460/477, and further offering at $5.60, but the

Lane, dustry was one of the weapons of Exchange and Cable Transfers shares are wanted at $460. Hong shares are wanted at $1.75. bought and sold. Current accounts Kong Fires are still in request at Crawfords, old, have improved to a which would help them more than and Savings Bank accounts opened $1,150, but very dificult to obtain.buying rate of $5.90, with no sellers anything else to see that the Gov- and Fixed Deposits in local and for China Underwriters are absolutely at the moment. Watsons are want ernment would toe the line.. eign currencies taken at rates that

ed at $14.25, cum rights, ex divi- may be ascertained on application to neglected at $4 nominal. the Bank.

Shipping.There has been pracdend. Wm. Powells are

LONDON MEXICO

BATOION

SEMADAND

SEREMBAN

SHANGHAL

SINGTORE

HARDIN

SITIAWAN

MALACCA

AONG TONO

FURAHAYA

MANILA

TAIPINO

MOAB (Joke!

Tron

FIENTSU

ARGENTINE

SABACHI

TONGKAH (Bbukel)

ALANG

TSINOTAU

BELGIUM

Кога

ТОКОЛАМА

BRAZIL

PANAMA

CHILE

PERU

CHINA

PHILIPPINE

and

General | COLOMBIA

ISLANDS

CUBA DOMINICAN REPUBLIC

PORTO RICO

STRAITS

URUGUAY VENEZUELA

PEIPINO

FRNANO RANGOON

BAIGON

KAN FRANCISCO

BUAKOHAL

SINGAPORE

BOURASTA

TIRNTAIN

TOKYO

RINORI PATANI

TSINGTAO

ТОКОЛАМА

Current Amounts opened is 'cond Currenas art Fland Dipnete resered for one year or sherlar periode in a flaresnoy and Sterling sa termus which will be quoted on application.

Hong Kong, 5th April, 1932.

HONG KONG SAVINGS BANK.

The Extin of the above Bank is conducted

HONG KONG AND BRANGBAI BANK CHO DORPORATION. Bu' may be abialsad

application.

FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.

V. M. GRATBORN,

Chist Mazagur:

Hong Kong, 27th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Bead Office:--Hong Kong. Kvikerland Bagital (1.8. Durrency).. $11.000.0

... 8,154,000 1,180,000

DRANGLER:-

Canton Shangbai. Bankow.

Swatom

Bangkok, Hew York and an Francisco.

LONDON BANKEBA:—

The Lloyd's Bank. Limited. CORRESPONDENTS

In all placipal cities of the World.

Foreign Exchange and banking busser of

moription transacted.

erary

Kafe Deposit Bones (various sinus) at a yearly

sal of train 6 to $43.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA. 行銀國中

Reorganised October 28, 1928, under

spacial charter of The National Gov- erament at an

INTERNATIONAL, EXCHANGE

KUALA KANGSAR ZAMBOANDA

KUALA LUMPUN

Foreign Exchango Banking business transacted.

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

J. STUART,

Manager.

Hong Kong, 11th April, 1932.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BODIETY:

Пong Kone

BANKERS

Established 1834.

Mos:-II, Queen's Road Cutral.

Authorised' Capital ................ Oulidera 350,000,000- Taid-Up Cap Quilders 80,010,000- Reserve Fundzemną (Bulldors. 30,018,000.

Hoad Dion:-AMSTERDAM'. Eater, Hood Omo:-BATAVIA. Branchen: --Badjarmokain, Bandowng". Bombay Calcutta, Churibon, Djamber, Djal Jakarta". The Ingus', Jiddah, Kobe, Makasar, Medan, Palembang. Paka longa, Panati. Ilangor. Botterdam", Bamako, Shanghai, Singapore, Bours

bala, Borzakaria (Boto), Tegal, Tjħalŝup and Waltereden”.

• Those offices have Bata Deport Bases io let,

LONDON BANKERO:--

NATIONAL PROVINCIAL BANK LTD.

Correspondents all over the world. Barking Busi nes of every inscription transaried.

A. STOKKINE,

Hong Kong, ist Deneraber, 1981,

THE

Manage.

AMERICAN EXPRESS COMPANY. INC.

Reserves

Linklerdata Aatwarp

INDIA ITALY JAPAN

Commercial and Travellers' Letters

rates.

Insurances.- Union

50

also en-

We are also able to offer our Cus-tically no business to report in this quired for at $3.35 ex dividend. tomers the services of the Branches section of the Share Market. A China Entertainments are offering; of the International Banking Co few Douglases were sold at $27, at $14.40. poration in Spain and also of The

Mr. G. A. Harriman's Share Report will be found on page

BASLE QUOTATION.

Exchange:-To-day's rate of ex-, ILD. Certificates of the Societe National City Bank of New York and further shares are offering at

de Placements, (France), S.Å., in Paris and Nico. this rate with buyers now only offer. change on London T.T. is 1/24, Internationale

R. M. MCLAY,

Basio. and on Shanghai 75%.

(Local agents Messrs. A. ing $26%. Manager.

Mining. With the exception of} Forward Settlement Day:-April Goeke & Co.).--Yesterday's official Hong Kong, March 1, 1982.

quotation in Basle: £2.10.6d. Benguet Explorations which have 26 and May 24, 1932. changed hands in fairly large THE BANK OF TAIWAN, LTD. parcels at 29 cents, there is nothing

(TAIWAN GINKO.)

new to report.

Lands, Hotels and Buildings.---- A limited business was done in Hotels, cum, rights, at $13.15/13.25. Į Hong Kong Landa are a shade easier after sales at $76%/771⁄2, and the same remarks apply to Hong Kong Realtys which were negotiated at $11.50/11.65

HEAD OFFICE:--Taipeh, Formoss.

Incorporated by Special Imperial Charter, 1899.

7.

LONDON SILVER PRICES.

London, Yesterday. Closing silver prices in London Hum-to-day were!

Castral Neuk in Formos. Dank Notes surd Aronge amount ...Yen. 45,500,000 BRANCHES AND AGENCIES: JAPAN:-Toyko, Yokohazon, Kobe, Vanita, FORMOSA-Giran, Kagi, Kasko, Kooluw

Matong, Nants. Sainchiku, Taichu, Tai phreys appear to be neglected with) shares available at $16.50, and no buyers near this figure.

Takao, Tamaul, Town, Hello, Taita, QUINA :—Shanghai, Hankow, imoy, Foochow

Bwstow, Canton,

OTHERS-Hong Ko Blagapers,

Soarabaya, Bersarang, Balaria, Bombay, London". Now York, Dr.

LONDON BANKERS:

Cotton Milla-Ewo Cottons are very firm with a good demand at Taels 15, after sales at Taels T15/15.25.

Docks, Wharves and Godowns.— The Bank has Correspondents is all the pA small lot of Wharves changed

Barclays Back, Lid., Llazda Bank, Ltd., Midland Bank, Lid., Westminster Bank, Ltd.

Commercial Canless throughout the world,

THE MERCANTILE BANK OF

INDIA, LTD.

BEAD OFFICE:

15, Groschurch Street, London, E.Ç.&

.£3,000,000 1,800,000

1,050,000

K. NAGURA.

Maangor.

Bead Office:-65, Broadway, New York

HONO RONA BRANCH:

3. Das Voir Boal Contrat Baug Kong, December 4, 1081,

Capitai

Surplus

.U.S.$6,000,000 .U.S.$1,572,456 .1.8.$1,908,200

BANK.

BRANCHES-

Erbscribed Capital

Authorised Capital

$26,000,000.00

Paid-Up Capital

.$24,710,200,00

Alana

Reserve Funds

.* 3,820,503.82

Barlin

Biarritz

HEAD OFFICE:" SHANGHAL

Bombay

Beatz

Uno Glasgow HATERA Elsburg KATTO Luterlaken Jarrioniam Lida

Nic

Napis

Subscribed Capital

Piresum Paria

Paid-up Capital

Brussel

London

Pentag Foxing Faloru Katerda Lorna

BRANCHED:

Daugkok

Ipol

Penang

HONG KONG BRANCH:

Bu Air

Onlrp

Liverpool Lacerte

Bamboul

Batavia

Kaudy

Port Lcule

Shaoghai

Bombay

Karachi

Southampton

Caloutts

Kota Bharu

Singapore

Colombo

Kuala Lipis

St. Morita

Delhi

leusyda

Galle

Veclos

lour Rowr

Howrah

Yokohame Zurtak

4. Queen's Road Central.

Owing to our numerous branches in China and large connections in the tportant commercial centres of the world, we are able to extend to pur clients special facilities for domestle

and foreign banking and exchanges.

taluit .. Luga Can

Luzor Colorbe

Marsalles Constantinopla Monte Carlo

Copenhagen Malte

ualoh

Marshal Milan

Edinburgh Pience Genera

Branches of American Express Com-

We also handle the issue of Bonda pany in Principal cities of United and other Public Fands of the Chin-

40 Government both at home and States of America and Canada. abroad.

Reserve Fund & Rest. 1,217,827

BANKERS:

The linak of England & Midland Berk, Ltd.

Kuala Lumpur

(Mauritius) Rurgoon Shab

Almala

Kulan (Pabeng) Singapore

Madras

. New York

Sourabaya

HONG KONG BRANCH,

Every description of Banking and Exchwope bust- nois transacted,

Travailer Chaques lærard.

takon.

Apr. 21 Apr. 22 Spot.

.16.13/16 17 Forward .16% 17.1/16 At two o'clock this afternoon the London on New York cross rate was quoted 41-083.74%.

TEA INDUSTRY OUTLOOK.

hands at $144, and further shares

Strong arguments in favour of a are wanted at this rate. China preference for Empire teas were Providents have eased slightly after advanced by Mr. K. B. Miller, vice- sales at $4.75/4,80. Kowloon Docks chairman of the Indian Tea Asso are wanted at $21.50, with no busi-clation, at the annual meeting of ness reported.

that body in Calcutta, Public Utilities-Hong Kong Mr. Miller stressed the dangerous, Trams are a firm ́ market, with effect of increased competition from good demand at $22.25, after sales foreign competitors, the result be- at $21.75/22.25. Star Ferries are ing that the industry in India was neglected at $91.50 nominal. Yauma in a perilous condition.

BUSINESS REPLY

CARDS

NEW POSTAL SYSTEM FOR BUSINESS HOUSES.

Sir Kingaley Wood, the Post- to its prospective client a reply master General, speaking at Leeds, postcard or envelope of a special Trustee and Executorships under-said it had been decided to introduce pattern, and postal address of the firm and the words "Business Reply INTEREST allowed on Current Aboubts and what was known as the "Business Card" Find Depolta at Rains that may be ascertained

On the top right-hand Reply Card" system in the British corner would appear the words, "No postal services, and it would be put postage stamp necessary if posted into operation, he hoped, early in in Great Britain or Northern April. One of the most obvious Ireland," and in the top left hand means

by which a business firm corner the words, "Postage will be could get into close touch with its paid by the addresses,” clients and And out their needs was Procedure Explained.

Manage:

Hong Kong, 5th March, 1981.

SHOU J. CHEN,

Manager Transactions undertaken.

All classes of Commercial Banking on application

7. Queen's Road Cantes!,

accounts

J. B. ROSS,

Hong Kong, 7th April, 1932.

Personal investment

THE YOKOHAMA SPECIE BANK, handled.

LIMITED.

Established, 1880,

Capital (fully paid-up) Yen 100,000,000 Beserve Fund

Alexandria

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

Yen 117,800,000 Department.

Head Office:-YOKOHAMA,

Branches and. Aganeles at:

Nagasaki * Nagore Newchwang New York Osaka Parla

Batavia Berlin. Bombay Calcutta

Canton

Changchan

Dairen (Dalny) Fengtien (Mukden)

Hamborg

Ha Tonr

Yum.

Karachi

London

Peiping Rangoon

Rio de Janeiro San Francisco Seattle

E. W. DUGGAN,

Kaneger.

QUALITY PRINTING the postal service. Unfortunately. A firm wishing to make use of

WithQuick Service

THE NEWSPAPER ENTERPRISE. LTD. KRING MAIL, ELDRÍ (,, MA ANDRIAM OT:

THE BANK OF EAST ASIA, LTD.

Established : 1818, HEAD OFFICE; 10, Des Voeux Boud,

BONGLOTTE

Bemarang

Shanghai

Chimonaneki

Capital and Flurpl Tatal

000.00

IL.$80,000,000.0 Every dakcription of Banking and Exchange business,

Depoal Accounts in local and

Hafe Deposit Boxes.

ell over the world.

KAN TONG PO.

the prospective customer too rarely the scheme would obtain a licence took the trouble to answer the firm's and make a deposit at its local Post inquiries, even if the firm sont out: Office to cover the charge due for a printed form which only needed a specified period. Many firms had filling up and an envelope In which their ordinary postage, and this to return it, and he was still less stipulation would not therefore willing to pay postage on it. cause, he thought, much Inconveni- Some firms had taken the trouble ence, and it was a necessary sale- and gone to the expense of stamping guard. There were other, minor the reply envelope or card, but had conditions. He was glad to say, as been informed that often this had a result of these arrangements that only resulted in the stamp being the usual charge of double postage | used for another purpose, with the on delivery of an instamped packet result that the firm received little would be reduced to a uniform for return for its expenditure. • The of a half-penny- in aldition to the suggestion had therefore been made normal postage on each packet, whe- from many business quarters that ther it was a letter, postcard, or the reply cards and envelopes should "printed papery

örscriptiőn : asking the the charge of a business reply on

Post, then

mpad reply letter would be being willi

|_ of the - normal charge

mped. ply post

bea

of 2d, and In

COMING SHORTLY TO THE KING'S.

A wee bit of

Scotch...but simply

Delicious

JANET

GAYNOR

CHARLES

FARRELL

IL BRENDEL

Minnie by GEORGE GERSHWIN

A.FOX PICTURE

Directed by David Butler

jxml.

-

Choir Practice Friday at 5.30

Other Notices. Holy Communion, April 25, St..

UNION CHURCH.

KENNEDY ROAD HONG KONG.

·Sunday, April 24, 1932. Morning Service, 11 am. Evening Service, 6 p.m. Speaker: Rev. E. G. Powell. Social Hour after Evening Ser

Lvice.

Sunday School, Kennedy Road, 10 a.m.

Sunday, April 24, 89th Anniversary.

WESLEYAN METHODIST CHURCH, WANCHAL

Opposite Royal Naval Hospital, Queen's Road E.

Sunday, April 24, 1932, 4th Sunday after Easter. Morning Service: 10.15 a.DO Evening Service, 6 p.m. Preacher, morning and evening: Rev. Erris C. H. Tribbeck.

Sunday School will meet at the Church on Sunday afternoon at 8 o'clock.

At the Sailors' & Soldiers' Home.

Sunday at 8.15 pm.Service Men's Hour to be conducted by the Chaplain.

Monday-Badminton Club meet. Wednesday at 5.80 p.m.-Month- |ly Meeting, 8. & S. Home Commit-

tee.

Thursday Badminton Club Meet.

FIRST CHURCH OF CHRIST, SCIENTIST.

(Branch of The Mother Church. The First Church of Christ, Scientist, In Boston, Mass, USA) Macdonnell Road, Below Bowen Road Tram Station. Sunday Service, April 24, 1932, 11.15 a.m.

Subject:"Probation

Death."

After

The Sunday School is held on Sunday morning at 10 o'clock.

Wednesday Evening Meeting at 6. o'clock.

All in?

Reading Room at above address, open-

Tuesday and Friday 10 a.m. to 12 Noon.

Monday and Thursday 5.80 to 7 p.m.

The Public is cordially invited to attend the service and visit the

Leading Room..

Build up a new yor serve of nerve strength-with Samatogen. A few weeks use of this famous nerve food will give you the energy to throw off fatigue and to face your daily work again with confidence and cheer- fumes. Your tired feeling, your nervousness and irritability will disappear weakness will give place to raclimat vitality,

A buliding-up process takes place in the nerusi after the administration of San wrote Professor Mann of Oxford Uni -Make up your mind now to be strong und;

seald, by starting