1932-05-30 — Page 2

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•

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

12shained Capital ............................. 100,000,000 Immed and Fully Puidus - 10,000.000 Benores. Panda 1--

ti1ཤམ་ཡས་བ་ངང་

* $18,106.900 Hooerro Liability of Propriatoes... 081,900,108

HEAD OFFICE: HONG KONG.

MOLED OF DIRECTORS ——

Hon. Mr. 1, J. Paterson.

Balmes

2. 3. Pak Beg

Deputy Chairman.

Mr. W. E. Bail. J. A Plummer, Bag.

M. Talonaron, Esq.

Desplom, Esq.

T. H. L. Bow, Bou.

3. P. Warren, E44.

a. Miskin, Faq.

ΜΠΟΥ

BAXOXOX

BATAVIA

BOKRAT

BALOUTTA

CANTON

CHIPOO

COLOMBO

1. M. Ompburn, Big,

Phlet Manager.

BRANCHES an

FONDOS

LYONS

MALACOA

MANILA

MBAR (Jokaro

MUKDEN

NEW TOBI

PEIPING

PENANO

DATZEN

FOOCHOW

BARDOON

HAIPHONG

BAIGON

RAMBUNG RANKOW

FAN PRANO1400

BRANOHAI

HARDIN

HONGKEW

ILOILO

EPOX

7090

真心

KOWLOON

KUALA LUMPUR

BINGAPORE

BOURABYA

BUNGBT PATANI

TIENTUIN

TOKYO

TSINGTAO

TOKOHAMA

Current Ascounts spered to Love Oguny Fall Fixed Depodia repaired for one Thor skate periods la Lonal Currensy and fina sk wens widok will be quound in appiloating

Hong Kong. 5th April, 1932.

HONG KONG SAVINGS BANK.

The Dualtone of the above Bank onsdacted by the BONG KONG AND RETA NOHAY BANK INO CONFORATION. Rum may be chluiced

appitation.

FOR THE HONGKONG AND SHANGHAI BANKIND CORPORATION.

7. M. OBAYBURN,

Chlaf Manneer

Hong Kong, 27th February, 1933.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong. LaMerised. Capin! (U.X. Qurroney) --$11,900_058° Pat-p Oapital OPASNOSTANET Seevi Fund women

1,100,00

ВЗАНОНЕЯ:

Casion, Shanghai. Kankow, 1. Bangkok, New York and Bas Procisco.

LONDON BANKERS

The Lloyd's Bark, Limited. CORRESPONDENTS

Is il principal někins of the Wall.

Paniga Bačkanen and banking batson of

every morĺpálos iransected.

Sale Deposit Boxas (various slans) at a posily

rental of from 16 to 148,

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國中

Reorganised October 26, 1928, under

special charter of The National Gov-

szament na an

INTERNATIONAL. EXCHANGE

BANK.

Subscribed Capital

Pall-Up Capital

Reserve Funds

.$26,000,000.00

.$24,710,200.00

.$ 8,820,508.82

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4 Queen's Road Central

wing to our numerous branches in China and large connections in the important commercial 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 true of Bonds

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Rosarve Liability of Pro-

prietors

.£8,000,000 .£8,000,000

£3,000,000

Agencies and Branch:

ALOH STAB

KUODING

AMRITSAR BANGKOK BATAVIA BONDAY

* OMLOUTTA

CANTON

CAWNPORE

CEBU DOLONBO DELET HAIPHONO HAMBURG HANKOW

MADRAS MANILA

MEDAN

NEW YORK

BANGOON

BALOON

İPOR

THE

CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPOLK. Hong Kong Branch: 13, Quoou's Ed. C.

8,000,000

Authorised Capital Straits #20,000,000 Tarood Capital .... Paid-up Capital

Reservs Liabilities

of Bhareholders.

Burplos

4,000,000 F.

4,000,000

3,687,000

Branches, Agencies and Corrapon- dente in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG BOOL

Mainger.

THE NATIONAL CITY BANK OF NEW YORK,

MONDAY, MAY 30, 1932.

MANCHESTER WEEKLY HONG KONG DOLLAR

Commerce and MARKET REPORT

Finance

NEW YORK STOCK QUOTATIONS

GENERAL DECLINE SHOWN IN UTILITIES.

Early Irregularity Felt.

Transamerica

Union Pacific

34

New York, May 18. After early irregularity in the Union Carbide & Carbon 17% New York Stock Ex-United Aircraft & Trans. 8% list on the change, selling was resumed to United Corp.

42

AGAIN DOWN

Market Idle on Saturday.

Undoubtedly one of the chief items of interest during the past week was the reduction of the Bank: rate to three per cent.. & move which should prove of a stimulus On Saturday the Hong Kong to trade. Cotton prices have Dollar declined to 14. 23⁄41⁄2d, and shown a tendency for firmness the local market was? practically

The inter-bank rate following upon the drop in starling, Į idle. · which remains a factor of impor- about 38. 3.5/16d. nominal.

In London silver went. down tance. With regard to the future) outlook, there can hardly be said with China, as a small seller, but to have been any material change. there was poor support. There has been no maintained-in-i

was

The New York market was dull

crease in demand, consumption with silver showing a decline of figures for last week-showing only 3221,000 balen, against 265,000 bales

17

for

Colony's Credit. for the same period last year,

The financial 41%

statement 7% though this was partly accounted January shows that the Colony's 5 for by a falling away in the tak-credit balance at the end of that 15% ings of the Orient. Coupled with month was $12,318,986, as compar-

the Exchange, in determining the ed with $11,847,629 at the end of trend of values, must now be re- December. 1koned the weather factor, which is

January revenue totalled $3,293,- 224 gradually becoming more important. 023,

as compared with $8,061,955 At the present conditions are most for January, 1981;

PEPINO (Peking! PENANG

HEAD OFFICE: 65, Wall Street, NEW YORK.

BENARANG

BEREMBAN

SHANGHAI

Capital, Surplus and

SINGPORE

HARBIN

HITIAWAN

BONG KONO

SOURABAYA

Undivided Proßta U.S.$225,603,775:

Branchen In-

ILOILO

TAIPING

5% day and the majority of issues United Gas Improvement 16% closed lower, says the Dow Jones U.S. Rubber News Agency review for the Wall US Steel Street Journal.

3

3

28

27%

Vanadiure

Warner Bros. Pictures-

144

TIENTSIN

ARGENTINE

LONDON

KARAOHI

TUSOKAH (Pakul)

KLANO

TRINITAD

YOKOHAMA

BELGIUM BRAZIL

:

29

MEXICO

PANAMA

28

28

KUALA KANGSAR

ZAMBOANOL

CHILE

PERU

38%

37

KUALA LUMPUR

CHINA

PHILIPPINE

Foreign

Exchange

and

General

COLUMBIA CUBA

REPUBLIC

ISLANDS

NG%

16 324

17%

ly favourable, although it is re-

31%% ported that lack of rain is holding; $2,321,666,

ture for

PORTO, RICO

STRAITS

URUGUAY

ITALY JAPAN

VENEZUELA

KOBE

Banking business transacted.

Carrent Accounts opened and Fix-DOMINICAN

ed Deposits received for one year INDIA 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.

(NETHERLANDS TRADING BOCIETY)

BANKEES

Retabllabad 1894,

Hong Kong Office:-11, Queen's Bond Cantral.

Authorised Capital

Pald-Up Capital

Rose Fund

„Head O-METERDAM”. Eastern Head Office:-BATAVIA.

Branches:---Bandjarmasin,

The list rallied somewhat after Westinghouse E. & M. American Tel. Tel. announced Woolworth

Air Reduction ita regular quarterly dividend of

Amer. Sugar Refining C$2.25, but selling was again re-Auburn aumed. American Tel, & Tel. at Bendix Aviation the close of trading, had slumped Canada Dry Ginger Ale

Caterpillar Tractor

There haa 84 generally been a fair amount of enquiry to hand but it has been 21noticeable that uncertainly pending

2%

$%up growth in Texas.

5%

6

224

2

12%

13

114

B

2

12

SETTLEMENTS again and closed off 1 to 94%. Cater

Continental Can Utilities generally declined as a result of the weekly report which Doty, Inc.,

Diamond Match showed that the electric output Elee, Auto Lita Co. Commercial and Traveliers Letters had declined 13.1 per cent. from Elec. Power & Light of Credits, Travellers' Cheques, Bil of Exchange and Cable Transfers the previous figure for a corres- Find. Trust Series "A" Fund. Trust Series "B" bought and sold. Current accounts ponding period. The Dow Jones General Amer. Tank Car 13 and Savings Bank accounts opened average for 20 utilities was off Int. Printing Ink and Fixed Deposits in local and for- 63 to 22.08. eign currencies taken at rates that:

the Bank

Mack Trucks

& may be ascertained on application to U.S. Steel was firm most of the Nat'l Biscuit

Cash Register day with the report that steel pro- Nat'l Dairy Products We are also able to offer our Caduction was estimated at 25 per Otis Elevator tomers the services of the Branches

Besdoung". Bombey, Calou Chribon, Djember Dick- js" The Hague", Jad, Kobe, Maksoner. Meden. Palambang. Faka longan, Penang. Bangoon, Botterdam". Semarang, Bhang, Biospors, Sotes bale, Borsharta (Solo), Tegić, Tjšinijap) and Waltavroden**

• These offices bars Sale Depoeli Boza to Le

LONDON BANKERB:~~

NATIONAL PROVENOTAL BANK LTD.

| the readjustment of prices of raw 10 material, has curtailed buying ex- 54cept for actual necessities. Dis- 24 appointment has been expressed in some cases owing to the poor re- 4sponse to prices cabled out. In 13dian demand has been on a fair

and expendi- the month totalled

compared As

with $2,040,633 in January last year.

LONDON SILVER PRICES.

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

Spot ........ Forward

May 27 May 28 162 *16-19/16 184 16-13/16

At two o'clock this afternoon the London on New York Cross rate

32 scale, with Calcutta and Karachi was quoted £1-G$3.69%-Reuter.

being most prominent, with en-

13

394.

8

9

2014

19%

1114

11

44%

quiries for the lighter bleaching stylea, prints and fancies,

China

161⁄2 3%

LL.D. CERTIFICATES.

15% has also shown renewed interest, Messrs. A. Goeke & Co., local 8% requests for prices having come to agents for the Societe Internation- hand for greya, whites and fancies. ale de Placements, Basle, advise

of the International Banking Cor cent. of capacity. Opening un- Safeway Stores poration in Spain and also of The changed at 2894, It dropped to 28 United Fruit

U.S. Realty & Imp. National City Bank of New York but moved up to a quarter and (France), S.A., in Paris and Nice. then to the 4 mark, standing at

28% at noon but closing off to BIG GOLD SHIPMENT 27. Bethlehem closed off to FROM AMERICA 12, with Ludlum unchanged at 3.

Covering Foreign Withdrawals.

Manager.

R. M. MCLAY,

Hong Kong, May 13, 1932.

THE BANK OF TAIWAN, LTD.

¿TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa.

New York, Saturday,

Offers have as yet been very low. as that yesterday's official quotation

AN INTRODUCTORY HISTORY

'by

Egypt and the Near East have been in Basle was: £2.8. Od. bidding for bleaching and dyeing styles, whilst finishing cloths "have The Dow Jones average for 30

been in request for South America. industrials was off 1.20 to 52.84,

The Continent has enquired for with Westinghouse down a point

bleaching, dyeing and printing: to close at 22%. Chrysler off an

cloths, while the Colonies have eighth to 7%, American Can off a

taken a few drilla. The Home haff to 87, Allied Chemical off

In spite of the fact that Trade Section, although not brisk to 51% and General Electric off $72,000,000 worth of gold was has done a small business in fan-

4 to 13.

shipped from the United States cies and specialities. Central Bank in Fœmso. Back-Nole zjed Avarsga sumgat ...Yan. $4,000,000 Other of the Dow Jones aver- last week, the record for this

BRANCHES AND AGENCIES:

were also off, that for 20 year, a further $30,000,000 rages JAPAN: Toyko, Tokohama, Kobe, Desks,

and is being forwarded to Europe to-plenish its stacks of free gold. FORMOSA OÜIran. Kazi, Kariako Klug rails declining 48 to 17.57

It is estimated that over Makong, Nants, Shinshiro, Telebu, Tainan that for 40 bonds being off .23 to day and to-morrow, chiefly in-

tended for France.

$1,000,000,000 worth of gold can CHINA:9Amaghe

Amby Poorhow, 71,39. swaww, union.

During the past few weeks the still be released owing to this Act, OTHERS —H=0# Kong, Blogspar, Bousbaya,

Incorporated by Special Imperial Charter, 1899.

Takao, Tamoil. Toms, Helio, Telka,

Haskow,

·

Sales for the day were 700,000

A. H. CROOK, O.B.E, M.Á. W. KAY, M.A

W. L. HANDYSIDE, M.A., B.Sc PRICE $1.00.

NOW ON SALE AT THE PUBLISHERS

Semering, "Bateria, Bombay, London, New shares. Call money held at 2% Federal Reserve has been utilis and this amount should be ample The Newspaper Enterprise Ltd.

York, Dairen,

LONDON BANKERS

Barclays Bank, Laad., Lloyda Book,, Lady Midland Bank, Ltd., Westminster Bank, Ltd.

The Bank has Correspondanse in all the principal Commercial Contese throughout the world. E. NAGURA.

HONG KONG BRANCH:

diamonds.

per cent.

Adams Express

Warr.

American Smelting

These diamonda are Anaconda Copper *** equal to real diamonds Auburn Automobiles

respecta Baltimore & Ohio

Steel

Specially in brillilanoy Bethlehem

of

hardness, lustre,

etc. Borden Company Can cut glass like real Borg Warner

174 9% 84

Proof against fire, file, Canadian Pacific Railway 10% said, water, oll, etc. These diamond Case, J. 1. can be washed with soap and water Chase

and can be used for more

Chase Bank

Quotations.

·

May 17

18

2%

24

Allied Chemical & Dye

621

61%

Manager.

Allis Chalmers

5%

American Can

87

31

Quilders 150,000,000-

1,-Des Vaux Bond Central. Hong Kong. Deowmber 3, 1991,

Guilders 20,080,000-

Amer. & For. Power. American & For. Power

3A 3

Chalidere £9,0185,000-

1%

LATEST INVENTION American Chemical Diamonds.

American

Am Tel.

Tel.

American Tobacco "B"

95% 94

632 83

American

Waterworks

1614

15%

44

**

2222

324 311

815

B

k

19%

12% 12

1214

28% 28

4%

44

104

19%

1834

27

26

8

ALL

Cities Service

Service Co. Columbia

8

7%

3%

272

Gas & Electric

8

24

254

24

Com. & So. Warr.

就

%

5/16

45%

Continental Ou

6

Corn Products

84%

Curtiss Wright Com.

35%

1

Drug Ind

Inc.

36

81%

De Font de Nemours

28%

2814

Eastman Kodak

424

41%

Electric Bond & Share

11%

9%

Electric Power & Light

6

RIA

5%

Fox Film

HAP

ភ

214

2.

General

18%

General Foods

28%

General Motors

10%

10%

General Railway Signal

12

12

Unq.

Gillette Safety Razor .. 14 Gold Dust

-18%

12

11/2

Goodrich Rubber ....... Unq.

Ung.

8%

FORTH. Price per carat

Correspondents all over the world. Basking Bus! Terms Cash or C.O.D. nawe of avery description transacted.

Manager.

-A. STOTKINK, Hong Tang, at December, 1981.

THE

and other Pabile Funds of the Chin- AMERICAN EXPRESS COMPANY, ese Government both at home and abroad.

Hong Kong, 5th March, 1981,

INC.

SHOU J. CHEN,

Manager.

Head Office:-65, "Broadway, New York.

THE YOKOHAMA SPECIE BANK, LIMITED.

Capital Surplus

Reservas

Yen 117,300,000

Established 1880.

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

Essere Fund

Hood Offen-YOKOHAMA,

Branches and Agencies at:

Nagasaki

Alemandria

Batavia

Bombay

Nagoya

Nowchwang

York

Qaxka

Paris

Felping

Hangoon

Ban Francisco. Seattle

Changchun Dairen (Dalay) Fourtien (Mukden) Bio de Janeiro

·Depo

Shanghai

Bingapore Sorabays

Sydney

Tokyo

allowed on Current

rates to be obtained on applic

ملبية

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

BRANCHES-

Amsterda Lainny

Gecce

Now

Glasgow

BATSAN

Nanian Pirsu

Berita

Blacrita Boobay

Hamburg EASTER Interiokam Forseslen

Sharks

Bennon res Lávarpool

Panang Fuklag

Rokturisas

BAT

Inverne Inanna Mawlam

Bat

-Malla

Munich

· Yokohama

Therence

Branches of American Express Com- pany in Principal eftion of United States of America and Canada,

All classes of Commercial Banking Transactions, undertaken.

Personal Investment : unsounti handled.

The Company offers to intending Travellers the use of ita: May Cheques and Letters of Credit and, In addition, the: world-wide"@nervions | Its thoroughly 5 equipped Travel

DUGGAN

Topeake Corp.

100 who

purchase diamonds to the valse

H.K.$80 or more will get 20% da- Comm count. Bend your orders direct to the Commonwealth & So..

American Chemical Diamond Co., Consolidated Gas of N.Y. 47% P.O. Box No. 240, Penang, 8.8.

When ordering mention "China Mall

FOR

British Instruments

British Music

British Composers

British Publishers

British Pianos

SKE

OUR WINDOW DISPLAY

FINEST COLLECTION OF EVERYTHING MUSICAL

IN

SOUTH CHINA.

Electric

| Goodyear Tyre & Rubber 自痛 International Cement... Ung. Int. Combustion Engine.

Una

International Harvester 17% 16% International Nickel

6%

International Tel. & Tel. 4% 4%

Johns Manville

Lorillard P. Co. (Com.) 18% 123

Kemecott

114 6

11%

Kreuger & Tall

Liggett & Myers ""

4814

Loew's Ine.

22. 214

$47

Ladiam, Steel

8

Montgomery Ward

Nat City Bk. (bid price), 30%

33.

Nevada Copper

8%

8%

New York Central%

11%

North American Co.

22

20%

Pacific Gas & Electric

86

2374

24

9%

1

8%

42%

Packard Motors

Paramount Publix Pennsylvania Railroad Pennroad

ITSANG" FOOKS PIANAS

MOTO

COMPANY

B, Des Voeux Road, Central.

ntrance Ice House Street)

Patroleum Service of NJ. Corporation'

Reynolds Tobacco "

10 Leith-Orp

Shon

Union

Simmsóna Cötőpany::

Souther

ing the provisions of the recent to cover all possible withdrawals Act for releasing gold above the of foreign short-term credits. - minimum of legal coverage to re- Reuter's American Service.

China Mali Oflösa.

75 cents

per tin

64

Also 10 czRTE, LI

FOR A PACKET OP 10

Player's

Please

It's the Tobacco that Counts

16107