1932-05-13 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION. :

berland Ospital

Lowed sué Fully Pull-up minggua

Seitro Fynda 1-

Showve Liability of Propelskere som 106.300, 190

MRAD QFFICE: HONG KONG,

BOARD OF DIRECTORI :---

Prom. Mr. J. J. Patufen. Chairman.

Deply

Km. M. W. B. BAL

M. T. Vannson, Bag,

13. Malda, Buq.

ANOT

BANGKOK

'GAZATLA

SOMEAT

CALOUTTA

CIASTOK

CECKPO

DOLOMBO

J. & Muzamar, Bog

7. H. 3. Haw, Bog.

1. P. Warren, Mag.

T. K. Grayburn, Beq. Chlef Manager.

S-BANCURS :-

LONDON

MUEDEN

PENING

THE CHARTERED BANK OF. INDIA, AUSTRALIA & CHINA.

THE CHINA

FAIL

THE HO HONG BANK, LTD,

(Established 1917) S

· HEAD, "OFFICH>==HINGAPORE [Hong Kong Branch: 18, Quonn's B. C

Authorland Capital #traits 630,000,000 Issued Capital.... Fald-up Capital

8,000,000

4,000,000

4,000,000

2,637,900

Incorporated by Royal Charter, 1853 Reserve alltion

HEAD OFFICE: LONDON.

Paid-up Capital

of Bhareholders. Burglos

Branches, Agencies and CorrorpOR- ...69,000,000 | dunia in the principal cities of" the

£3,000,000 world.

Hrwy description of Banking and £5,000,000 Exchange business transacted.

TAN ENG HOOL

Reserve Fund Reserve Liability of Pro-

prietors

ALOR BSAN

Agencies and Branckoo:

KUOKING

KADRAB

AMRITHAB

BANGKOK BATAVIA BOMBAY DALCUTTA CANTON CAWNPORN OZBU DOLSKRO

HAIPHONG

'DILHI

KAMBORG

BAKIOV

BASHIT

HONG' TONO

ILOTLA

MANILA

KEDAN

NEW YORK

PEPING (Poking)

PENANG

BANGOON

BALOON

SEMARANG

BEREMBAN

SHANGHAI

SINOPORK

BETIAWAN ·

"BOTKEBAKA

TAIPING

TIENTRIN

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, NEW YORK,

Capital Surplus and

Undivided Profits U.S.$225,508,776.

Branches in

ARGENTINE *LONDON

TONGKAR (Bhuket),

ТЕРМОТАО

BELGIUM

BRAZIL

CHILE

CHINA

YOKOHAMA

KUALA KANGSAR ZAMBOANGA

KUALA LUMPUNG,

LYONS

MALACOS

MANILA

MUAB (Johorsi

ΠΑΠΑΘΩΣ

ZZANG

NEW YORK

под

TRIFIND

DAIRUK

#OCHOW HAIPHONG

HANGOON

HAMBURG

SAN PRANCISON,

CHANGHAL

SINGAPORE

SOULABYA

TEENTAIN

ΤΟΣΤΟ

FIANKOW

HARBIN

BONGEET

ELOILO

FORORS

KOL

HOWLOON

CUALA LUMPUR

BALOON

RUNGEI PATANI

TSENDILO TOKOHAMA

Orrent counts opened is Loral Correacy sal Fixed Deposite racired for one pair or shorter perioda in Tonal Currency and Berling

berorie which will be giseled on application

Hong Kong. 5th April, 1932.

HONG KONG SAVINGS BANK.

The Business of the above Bank is conducted

the HONG KONG AND HUANGHAI BÀNK- o OcBrOBATION, Russ may be ableitud applention.

FOR TOR DONOKONG AND SHANGRA CAKKING CORPORATION.

7. M. GRAYBURN,

Ukiać Manager.

Hong Kong, 27th February, 1933. -

THE BANK OF CANTON. LTD.

· Established 1912

Head Ofice-Hong Kong. Authorized Capskal (EL.K. Gustacey) 11.200 Wild-Up Capital munciman

BHANGRES

1,100,000

Chalon. Shanghai, Hankow, Iwalow, Bangkok, Na York and as Freanlato,

LONDON BANKENA 1—

Tha Lloyd's Book. Linated. GORDERPONDE WES

La all arindpal piljes së New World.

Twelga Michange" and Wicking "buzzsome of

unipilan kransled

ayurp

Baby Kyenő maga (macions sinus) as a poorly male) of Arona 1 1 10.

LOOK POONG ‘SHAN,

Chief Manager.

THE BANK OF CHINA. 行銀國 中

Foreign Exchange

and

General COLOMBIA Current Accounts opened and Fix. CUBA

Banking business transacted.

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.

THE NATIONAL COMMERCIAL

SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes

while you wait.

SAVINGS ACCOUNTS We offer good rates of interest.

TOTAL RESOURCES $19,000,000

EFFICIENT TRUSTWORTHY

RELIABLE COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL-

`MAATSCHAPPIJ, N.V.

(NETREALANDS TRADING SOCLƏTE;

BAXERRA.

Rabic H

Hong Kong Utosi-ll, Queen's Road Cantea).

Authorised Ospital - Galdies 100,206,006. Fall-Up Capital namens Guillars. 10,000,000. Barre Yud

Guliéres 40,0215,000-

Reorganised October 28, 1928, under Banjarmasin,

#pecial charter of The National Gov

arminent as e

INTERNATIONAL EXCHANGE

BANK.

'Bubscribed Capital

Pald-Up Capital

Beserve Funds

.# 8,820,608.8%

#26,000,000,00 .$34,710,200.00

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches in China and large connections in the Apportant commercial centres of the

world, we are able to extend to our elente apecial facilities for domestic and foreign banking and exchanges.

Wa alag handle the issue of Bonds and other Public Funds of the Chin- Government both at home and

SHOU J. CHIN,

Manager.

shroad

Hong Kong, 5th March, 1981.

14

FRIDAY, MAY 13, 1932.

INSTITUTION OF

Commerce and CHEMICAL ENGINEERS.

Finance

NEW YORK STOCK QUOTATIONS

BUDGET RUMOURS CHECK DECLINE

OF STOCKS.

Soviet Wheat Purchases.

New York, May 5.

May

4

6

91% 31% 10% 18%

3

Unq.

An increasing belief that Con-Reynolds Tobacco "B" gresa will balance the budget Shell Union

Sears Roebuck checked declining tendencies on the Simmons Company New York Stock Exchange to-day, Socony-Vacuum Corp. says the daily review of the Dow Southern Cal, Edisony Jones Financial News Agency for Standard Gas & Electric

Standard Oll of N. J. the Wall Street Journal.

Reports that Soviet Russia would

Sulphur.... soon parchase wheat from the United States also helped senti- Union Carbide & Carbon

Union Pacific United Aircraft & Trans. Prices opened firm but declined United Corp. when rails weakened. The Dow United Gas Improvement Jonec average for 20 rail issues was U.S. Rubber

MEXICO

PANAMA PERU

PHILIPPINE

ISLANDS

PORTO RICO

STRAITS

ment

REPUBLIC

INDIA ITALY

JETTLEMENTS URUGUAY

VENEZUELA

JAPAN

DOMINICAN

Texts furation ....

Vanadium

Commercial and Travellers' Letters off .46 to 20.02 for the day's trad-U. S. Steel of Credits, Travellers' Cheques, Bills ing. New York Central, opening Warner Bros. Pictures of Exchange and Cable Tranafar off an eighth to 15%, elumped to Westinghouse E, & M. bought and sold. Current accounts and Savings Bank accounts opened 19% in the first 45 minutes of Woolworth

*** not recd. and Fixed Deposits in local and for trading rose to 14, moved back &eign currencies taken at rates that again by noon and closed at 18%. Air Reduction .....

may be ascertained on application to Pennsylvania closed off a quarter

Amer. Sugar Refining the Bank.

Auburn to 10. We are also able to offer our dus-

Bendix Aviation tomers the services of the Branches Olla remained firm, with Stan- Canada Dry Ginger Ale of the International Hanking Cor-dard Oil of-New Jersey holding at

Tractor poration in Spain and also of The 28% although Texas National City Bank of New York was off a quarter to 10%. (France), S.A., in Paris and Nios.

Hand Oos-AMSTERDAM". Eastern Bond Oos-BATAVIA.

Bandong". Bombay,

Dynber Calma, Charlbon,

Djok

Makamba, Media, Pilcabang, Taka Longsh, Penang, Rangoon, Rossedám“, Semarang", Baringial, Supapore, Bosca Bala, Bosekkaria (800), Tegd, Tibbing sad Walterraden*,

** Thans afisen kare Bale Deposit Bonus só Let.

LONDON BANKERS (-

NATIONAL PROVISOIÁL BANK LTD.

Correspondents all over the world. Banking Bud mass of every descriptiom travasciad,

A. STOKKINK,

Hong Kong, lat Dovamber, 1984

THR

Kssage

B. M. MCLAY,

Hong Kong, May 18, 1982.

Corporation Contal Can

Ine.

Selling lightened and prices/mond Match

2K

8

51

10%

8%

16%

3 34

Contact of the two Professions Important.

TASK ONLY BEGINNING:

SPRAYED RUBBER.

Technique in Cinema Furnishing.

· REVOLUTIONARY EFFECT.

Cinema designers and furnishers will have to watch with increasing attention the output from the Speaking at the annual dinner of leading rubber factories," says "The the Institution of Chemical En-Cinema. Revolutionary changea gineers, held on February 19 at the are taking place. The essence of Hotel Victoria, London, Sir Harry many of these changes consists in McGowan, K.B.E., mentioned that the introduction of a new technique there were few industrial activities using a new raw material, namely, which did not call for the services liquid rubber as originally obtained of the chemical engineer, whose from the rubber tree, Until quite well-known tact had now removed recently solid rubber was regarded the dublety with which he had been as the raw material and this had to regarded by both engineers and be dissolved, the various processes chemista..

resulting to a large extent in the Sales of Heavy Chemicals, loss of what may be described as Referring to the industrial posithe material's "nerve."

tian, Sir Harry said the company of 4% which he

So important are the new develop- was Chairman, Messrs.ments that Dunlop, in issuing a 23% ed, might be regarded as an ladus- Latex," invite recipients to hand Imperial Chemical Industries, Limit- booklet called "Dunlop 60 per cent. 15% 15% 25% 28% trial barometer, and their sales of this to the laboratory or technical 10% 10% heavy chemicals during the first six department as they recognise that 17% 17 weeks of this year had increased by new suggestions for the use of the

346

cent. to 20 per cent. new material in particular business. 17% 17% some 10 per

49% over those for the corresponding may be expected. Certainly rubber 10% period of last year, which sugured has many, practical applications in

6% well for the future. 184

cinéma furnishing, and it is in our Sir Harry Was proposing the industry that some of the most im- 27% 21% toast of the Institution, to which the portant progressive steps may be

7

President, Mr. W. A. S. Calder, made with this material. 1% 14 replied. 22% 22%

Latex, state Dunlop, has many 33% 32%

Wide Field for Activity. advantages over dried rubber, main- In the course of his remarks, Mrly because the manufacture of dried 36% Calder said the development of new rubber involves "mastication" by 18 materials for plant and structures drastic, mechanical, kneading be- had opened a wide field for the ac-tween powerful rollers. Such mas- tivities of the chemical engineer. tication reduces the tensile strength He also made a sympathetic refer- and mechanical qualities of the raw 244 ence to the loss the Institution had rubber, whereas the rubber obtain- 2% sustained by the death of Sir ad from Dunlop "60 per cent." latex

18% 12% Arthur Duckham, one of its past possesses the full tensile strength

11%

and mechanical qualities of fresh, Viscount Leverhulme, President-unworked rubber.

37

16

33%

824

T

739

6

244

2%

12

86

presidents.

876

treneral

Int

Amer. Tank Car Printing Ink.

16

18

elect of the Institution, proposed the 15% toast of the Guests, to which res-

4% 12% ponses were made by Bir. John|

v

Biscuit

824

224 22 12% 18% 45% 454

Elec. Auto Lite Co. advanced until near the close when Elec. Fower & Light Manage they declined slightly. from their Fund. Trust Series "A"

High levels. Sales for the day were

Fund. Trust Series "B" | 1,000,000 shares.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.} .

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formos. Bank-Notes inued Average amount...Iun. $8,000,000: BRANCHES AND AGENCIES: JAPAN:-Toyko, Tokohama, Kobe, Chaka, FORMOSA 1—Com. Kagh Karenko,

Nacis, Salmobiku, Tanhu, Talas,

Kontung

|

Bonds Better.

Bonds showed

Aack Trucks

a better tone, Nat'l Cash Register Issues almost unchanged-off .02 Otis Elevator with the Dow Jones average for 40 Nat'l Dairy Products

Safeway Stores U. S. Realty & Imp. United Fruit

to 73.59.

Financial circles appeared moro favourable regarding the prosposal for some form of sales tax.

Vulcanising.

On account of its fluidity, Dunlop 334 Cadman, G.C.M.G., and Lieutenant- "60 per cent." latex lends itself ad- 8% 8% Colonel W. H. Hatchard-Smith, mirably to the production of articles containing rubber mixed with

4

Task Only Beginning.

The former said that although vulcanising agents and other com- 10 10% much progress had been made in pounding ingredients. These neces~ bringing together the chemist and sary agents can be uniformly dis- the engineer, the task was only just persed in water with the aid of suit- Contact between the able protective colloids if desired----- beginning.

Time money was quoted at 1% DOLLAR'S BIG JUMP. members of these two professions and then mixed into the latex. In

Takan, Tammi Ton He Talto. QUIKA-ghal, Hankow, moy. Faschow,

Swslow, Canton. DINERS |--Hong Kong

per cent. for 60 days and 2 per cent. for 90 days, while call money remained at its 2 per cent. level. The Dow Jones average for 80 Bemarang Batavia, Boubar, London, New U. S. Steel opened up a quarter to Sinapors Borsbaya, Industrials, was off 78 to 54.10.

York, Dairen,

LONDON BANKERS:

Barclays Bank, Lidy Iloyds Bank, Lid.,

Midland Bank, Ltd., Weiniinide Bank, Lid,

the world. L'NAGOBA

..

Масерк

HONG KONG RAYCH

J. De Voux Bond Castral Hong Kong. Desember 31, 1982.

28, promptly receded more than a

Closes Yesterday at 18. 3d.

23.68.-figure for this month.

a

was most important for the develop this way wet "mixings" are pro- ment of the industries of the coun-duced which can be applied at once try, to enable it to carry on its to such processes na impregnating, function as a great Industrial spreading, spraying, dipping, mould- nation. He added that great ad-ing, etc., the final dried products vantages would accrue from adding being vulcanised subsequently it

necessary: the biologist to the combination. point, stood at 26% at noon and The Hong Kong Dollar made closed at 27%, down only an eighth. big jump during yesterday. Open-

Mr. J. Arthur Reavell proposed Latex, although containing a re- Come ink has Correspondents in all the principal Bethlehem was off a quarter toling at 15: 2.7/8d., which meant the toast of the President, and Mr. latively high concentration of rub- ber, is quite moblie and lends itself 12. Chrysler was off 3/8 to rise of a over the closing rate for Calder briefly responded.. 8% with General Motora down

Annual Corporate Meeting, to casting into complicated shapes a the previous day, it went up a farth- quarter to 10%.

ing in the afternoon and closed at Earlier in the day the Institution after suitable treatment. A group For 20 utilities, the Dow Jones 15, 3.1/8, which is the highest held its 10th annual corporate meet-of processes has been evolved for average was off .22 to

the moulding of rubber articles The local, sisp at the Hotel Victoris.

The agenda for the morning in- from latex. This group includes the 4 5 market was firm, but there was very

cluded the presentation of the manufacture of cellular air cushion 2 little business done. Allied Chemical & Dye

Osborne Reynolds, Moulton and rubber, which has many advantages The following unclaimed tele Allis Chalmers.

Junior Moulton medals, and the de-over the older methods of produc- grams are lying at the Eastern Ex-American & For, American Can....

37% 36% In London silver rose 1/16 spot livery of an address by the Prestition, not only on account of the Power tension Telegraph Co.'s offices-

8%

3% and % forward, but this was chiefly dent on the "Control of Industry process Itself being simpler, but also Amer, & For. Power Warr. Abasa, from Calcutta.

American

due to Indian buying. There were In the afternoon, a paper on by reason of the better quality of Smelting... 8% Brailowsky, Hong Kong Hotel, American Tel. & Tel. 97% small offerings with the market "Thermal Insulation," by Dr. Ezer the products obtained. This cellular: from Leipzig.

American Tobacco "

384 85% steady and America inclined to buy, Griffiths, F.R.S., was read and air cushion rubber is prepared with-- Milneholm, care of Peninsular, Anaconda Copper ....

9merican Waterwords

20 21

Silver advanced 4 to 284, with discussed.-Engineering. from Cairo.

44 the market steady. Auburn Automobiles

83% 32% Baltimore & Ohio

Steel Company Warner

UNCLAIMED TELEGRAMS.

B. Pearman, P.O. Box 410, from London Fo.

Sanderson, Peninsular, Shanghai..

from

May

Adams Express

24

52

52

6

8%

A. L. Willar, Hong Kong Hotel Canadian Pacific Rail -

AMERICAN EXPRESS COMPANY. from Paris.

ING.

New Tack.

Head Office-65, Broadway,

Capital

.U.S.$8,000,000

THE YOKOHAMA SPECIE BANK, LIMITED.

Surplus Beserves

- U.8.$1,512,454.

U.3.$1,908,209

BRANCHES:-

Entahijshad 1859.

Gece

A

Caplía): (fully paid-up) Yea 100,000,000

Ten 117,300,000

Head Office:-YOKOHAMA,

Branches and àgencias at:

adria

Nagaiaki

Nagoya

rekwane

G. C. CLARKE

Manager Hong Kong, May 12, 1932.

J. I. Chase Bank Chesapeake Corp.

96%

8%

Silver's Rise.

At the local Chinese Exchange," 12% 12% last evening, Canton Central Bank

1.ID. CERTIFICATES.

{eat any mastication of the rubber and without using agents for caus- ing inflation during manufacture. Heavy moulds are not required, as

277% 23% notes were quoted at 52.5 per cent. Messrs. A. Goeke & Co., local the moulding is done during the set- 10% 10% and the Hong Kong dollar notes, agents for the Societe Internation- ting of a mobile froth. This froth 20% 20% in exchange for Kwangtung silver, ale de Placements, Badle, advice is simply used to All⚫ suitable premium of $420. per us that yesterday's official quotation mould, and is then allowed to set.

-29

ata were at a

84

8% $1,000.

2% 2% 5/16 5/16 49%

Service Co... Columbia Gas & Electric g Com. & Southern Com. & So. Warr. The following anclaimed tale Consolidated Gas of N. Y. 49% grams are lying at the office of Continental Off the Great Northern Telögraph. Corn Products Company mark: (Limited) of Dan Curtiss Wright Com

Drug Inc. Bastman Kodak Du Pont de Nemours

Jobicum, from Shanghal

Sir Cecil Kaye, passenger, Ran-Electric Bond & Share Electric Power & Light

pura, from Shanghai,

Wallace, from Shanghai. Comparians, from Shanghai.

Hong Kong, May-11, 1982,

Deve

Fox ectric: General General Foods “PAVOJENSEN, “* General Motora

Superintendent General Hall Bieral Gillette Bafety Rakor Gold:Dust Galdrich Rubber Goodyear Tire & Rubber·

Hio de Janeiro: San Francison Beattle

Branches of American Exprase Copy pany in Principal: eltian, uf States of America and Canada

All class of Conmmdial Bank undertakan.

Personal handled

PHOTO-SUPPLIES

Kodaks and Ca Films, Platex

BUSCH

Intérn

38%%

284 2816

· 40%

45%

121 12

662

1819

In Basle was: 4211.01

The cellular structure is produced before cùn, and it is not necessary to rely on the action of subsequent Inflating agents; hence latex sponge free from fregulariile of

MANCHESTER WEEKLY MARKET structure Complicated mouldings in

REPORT

|any desired shape are achieved with facility and eure i impracticable by the inflation processes.

"Owing to the low viscosity of latex and its persistent mobility, it may be sprayed cheaply and efficiently.

London, April 18. and many of them impossible to This is a process which is extremely Messrs. James F. Hutton & nocept. Both dhooties and light difficult with rubber solutions The 80% 80% Co.'s report was as follow: bleaching cloths have been in de spraying of latex bar wide applica 10101

mand, the former from Cal tions in the treatment of large

1254 Ung 11% 11%

·

On Monday's reopening, following cutta and the latter chiefly articles, as a means of ornamenta gradual decline during the pre- from Calcutta, Karachi and Madr tion, and for covaring portions of 8vious week, prices rallied to about There has been a small business 994 their previous level. This was prints from various ou

• $19 malaly attributed to a strong tone Bombay, Amritsar and Tingine

erior 18% 18% in the wheat market following upon ports from China stat

-5% 5% extreme weakness in the stock shoes - have been – b

35% market. A report of serious damage quta

18% 12 to the Wir

8% 9% in the South West!

45% 45% traders of the imp

2021% ther

13% 13% yield Ung Ung.

crop, espe

ŝto remi:

have them

articles show at-