1932-06-04 — Page 2

...

BANKS

HONG KONG AND SHANGHAI RANKING CORPORATION.

An Ospita

tasuri and Pully Paid va 10,000,000 - Beserve Frida

sadena 4 $,800,000 -

ti4༧. Ji"-

New Idakitly of Prepzistors - 834,000,000

WWAD OFFICE: HONG KORO.

MED OF DIRECTORS)-

Hon. Mr. 4, J. Persen. Ühelimen

Ỉ. . Em y

Deputy Vkalmas.

1. H. Balf,

pa, Bag.

3. Tala, Krq,

J. Wida. Eng.

Fine

JALOUTTA

J. 2. Fuscow. Dr.

...how, Brg.

1. 2. Warto ką.

4. M. Disburn, Bog.

Chive Kocager.

BRANCHES L

LONDON

LIONS

い

ANTS VIA

MALACCA

AUMBAI

MANILA

HUAB (Joha

ATON

MUNDRY

-J

NEW TOEK

PEIPINO

GULAMBO

DAIREN

#HOW

HLAAPECONO

ALYBUBO MANKOW HAJIBIN

ALING KEW

ZALO

WE

JOORS

100

LOWTAXON

KUALA LUMPUR

PENANG

BANGOON

BAIGON

SAN FRANCISCO

BELA NOKI

SINGAPORE

GODHADYA

SUNDEI PATANI

TIENTSIN

THINGTAD

TOKYO

TOKOHAMA

Mrs Local pened in Losal. Carvery rať Plan Deposite conved for osa gasest dissar perlode in Loval Currency and discling wine which will be quoted in application. Hong Kong. 6th April, 1982,

HONG KONG SAVINGS BANK.

Da Saulman of the store Bank le conduslad

• IN ZONG KONG AND SHANOBAI BANK- RIORATION Bulas znay be skiěnad

@pimaton.

wn гHE HONGKONG AND REANDRAI MAVILNO CORPORATION.

YN. GRAYBURN,

Chi Kanger,

Hoang Rang, 27th February, 1934.

TTIE BANK OF CANTON, LTD.

Established 1911

Head Ofce:-Hong Kong. Anthocined Capital (EL.H. Currency) ...811,200,368 Matures Fund umumanne

1,100,000

MEANCHES:-

4

Canton, Shanghai, Halow, #walow. Bangkok, New York and San Francisco,

LONDON DANKZNS:—

The Lloyd's Black, Finailed.. CORRESPONDENTE

In all, gelootpa sitas of the World.

#arnig Rxchange and beaking butane ol grey Swopting fanged.

Sala Depaal Base (Tarious lev) Mia Joriy comindiai Jrom lo

LOOK POONG SHAN,

Chief Hanager.

THE BANK OF CHINA. 小行銀國中

Reganised October 26, 1928, under decal tharter of The National Gov- Comment an

INTERNATIONAL EXCHANGE

BANK.

Butecond Capital

Paid-up Capital

Berry. Funda

..$25,000,000,00

..$24,710,200.00

.$ 3,820,503.82

HRAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4 Queen's Road Central

ring our numerous branches in Chitin and large connection in the important commercial centres of the world, we are able to extend to our cliente special facilities for domestic and foreign banking and exchanges.

'We also handle the issue of Bonds and other Pablle Funds of the Chin- usb · Government both at home and mbotzd

SHOU J. CHEN,

Manager.

Houg Hong, Ith March, 1981.

THE YOKOHAMA SPECIE BANK, LIMITED.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

THE CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE: SINGAPORE. Hong Kong Branch: 18, Quown's EL C.

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

Incorporated by Royal Charter, 1853. Reserve Kabllicien

of Shareholders. Burplus

8,000,000

4,000,000

4,000,000

9,467,000

Branches, Agencies and Correspon- £8,000,000 world.

dauta in the principal cities of the £8,000,000

Every description of Banking and Exchange business transacted. .£3,000,000

TAN ENG HOOL,

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund

Reserve Liability of Pro-

prietors

Agencies and Branchna:

ALOD STAR

KUCHING

MADRAS

AMRITOAR

BANOKOK BATAVIA BOMBAT

ULICUTTI

CANTON

CAWKFORK OKBO GULOMDO

DELHI

KAIVONO

HAXBURBO

MANILA

NEDAN

NEW YORK

PEPING (Pakice!

- PENANG

RANGOON

SAIGON

SEKARANO

SEREMBAN

BHANGHAI

HING PORE

HỒNG TONG

IPOR

BITIAWAN

SOURABAYA

TAIPING

Manager.

THE NATIONAL CITY BANK OF NEW YORK.

READ OFFICE: 55, Wall Street, NEW YORK,

Capital, Surplus and

Undivided Profita U.S.$225,503,775

Branches in

HANKOW

HABRIN

ILOILO

TIENTSIN

ARGENTINE

KABACED

TONGKAR (9baket)

KLANG

TSINGTAO

BELGIUM

YOKOHAMA

BRAZIL

KUALA BANGBAS

ZAMBOANGA

CHILE

CHINA

General COLOMBIA

КОВЕ

KUALA LUMPUR

Foreign Exchange and

Banking business transacted.

PERU

Commerce and Finance

SHARE MARKET. Weekly Reports by Brokers.

G. A. HARRIMAN.

Hong Kong, June 8. Mr. G. A. Harriman's weekly share report and market review, issued at noon, states:-

CHINESE-BELGIAN BANK WILL CLOSE

SATURDAY, JUNE 4, 1932.

THE MILLSTONE OF BUSINESS DIRECTORY

WAR DEBTS

Dr. Murray Butler's Plea for Cancellation.

THE WORLD CRISIS

Dr. Murray Butler, President of Columbia University, in a speech in Chicago said:-

"What is needed to-day is quick, drastic, and permanent re-

ATTRACTIVE TAILORING

We beg to announes to our many clients that we have removed to 18. D'Agullar Street We have also just re- ceived a niw assort- mont of

SUMMER SUTTINGS. WING HING CO.: 18, D'Aguilar Street. Tel. 21417.

LADIES' TAILOR.

Evening Gowns

A Specialty.

A trial will be appreciated.

Business Depression and War Atmosphere Here duction, or the complete abolition, of all existing inter-Governmental, Hits Reserves.

obligations arising from the world war. It is merely tantalising to The Chinese-Belgian Bank, (Ban-put off the day of reckoning and The market continued to be very que Belge Pour L'Etranger)

a moratorium, for In propose

moratorium only postpones the day active throughout the week and a Shanghai has been instructed by its when the real issues must be fac- head office in Brussels to suspended, no matter how grave they may general all-round improvement in

ba. rates is to be recorded. Trading business from July 1.

Depositors are urged to withdraw crisis of confidence, and until the "The world crisis is essentially a was on a brisk scale at times parti-

their deposits with the bank before present paralysing uncertainty re- cularly with Providents which rosa

the end of June, while holders of specting Inter Governmental on a very strong demand to $6.35 cash and $5.45 July, many sub-banknotes issued by the bank who obligations is ended world confidence

should present such notes for cash Each Government concerned would No. 8, Peking Hdg., Hankow Road. will not, and cannot, be restored. atantial parcels of shares changing

also before that date. hands at these rates. Cements were

However enrich itself and its people by join- the steady feature of the specula-arrangements are being made to asking in wiping out those obligations Commercial and Travellers' Letters tive section with business done York to cash such notes after, Governmental war obligations the

the National City Bank of New entirely. of Credits, Travellers' Cheques, Bill around $18.70 cash, $18.76 Settle-

"Of all the outstanding Inter- of Exchange and Cable Transfers bought and sold.

July 1. Current accounts ment and $18.90 July. Lights took.

most onerous is that of German re- and Savings Bank accounts opened

The Instructions for the local parations. Recent economic studies and Fixed Deposits in local and for a rise of 70 cents to $1.00 cashBelgian Bank to suspend its opera-}]

by disinterested and open-minded & may be ascertained on application to July. Hotels were done up

taken at rates that with business done up to $21.70 for tions was issued following an ap- whether one likes it or not, that Currencies

men have made it perfectly plain,! to parent depression in its business as Germany cannot now pay the full

CUBA Current Accounts opened and Fix- DOMINICAN ed Deposits received for one year or REPUBLIC shorter periods at rates which will 5. INDIA 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

1

EFFICIENT-TRUSTWORTHY—

RELIABLE COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY) BANIZES.

Batablished 1874.

Gong Loan Oden;-11, Quowa's Boad Central. authorized Capital Gallers 150,000,000- Paid-up Capital Guilders' 30,020,000. Besar Fad -----econnue Onildare 10,016,000. Band Co-AMSTERDAM". Easter Bead Oos-BATAVIA.

Branches :-Bandjarmasin,

Bandcong", Bombay, Dalit, Churlboo, Djumbe, Djok Akaria', The Hagna", Jiddah, Kabe, Malcamer

Medan, Palembang, Paka- longan, Penny, Bangoon, Bodiertem", Samaig, Shanghai, Binsspore, Soura bala, Boerakaria (Solo), Tegal, Tilakja and Welterradan".

• These plansa hare Safe Deposit Boxes to La

LONDON BANKEES :-

NATIONAL PROVINCIAL BANK LTD.

JALAN

Curswepondente ali grae the world. Banking Busl ans of very ascription trucid

A. STOKKINK, Hong Kong. In: December, 1981.

THE

ITALY JAPAN

eig

the Bank

LONDON

MEXICO

PANAMA

PHILIPPINE

ISLANDS

PORTO RICO STRAITS

SETTLEMENTS URUGUAY

VENEZUELA

tomers the services of the Branches

War

We are also able to offer our Cus-$12.75 cash and $13.10 July. In a result of the Japanese occupation charges put upon her under the of the International Banking Cor the Investment section Trama rose of Shenyang in Manchuria

and Young Plan, and quite likely will poration in Spain and also of The to $23.00 caah and $29.30 for Settle ubsequent invasion of Chapel in not be able to pay any considerable National City Bank of New York

Shanghai. (France), S.A., in Paris and Nice. ment account at one time. Lands were wanted at $78.00 cash, with business done at $781⁄2 'for June account, Electrics were also in

R. H. MCLAY,

Hong Kong, May 18, 1932.

Manager.

amount for some years to come.

"Of course, the principal Euro- I.I.D. CERTIFICATES. pean nations, which are Germany's creditors an account of reparations, Messrs. A. Goeke & Co., local are also debtors of the United For various reasons, but THE BANK OF TAIWAN, LTD. Strong demand at $74.50 with agents for the Societe Internation- States.

business done up to $74.90. Steri-ale de Placements, Basle, advise chiefly due to

the prevailing de- as that yesterday's official quotation pression, these nations are now ing counters were quiet on account in Basle was: £2.8. Od.

financially unable to pay the United of the uncertainty of exchange,

States the amount due unless they with Banks and Unions quoted nominally at $1,335 and

$445.00 respectively. Bank-Notes Insued Average amount ... Yan. 45,000,000 tone of the market is steady,

(TAIWAN GINKO.)

HEAD OFFICE:Talpeh, Formos.

Incorporated by Special Imperial Charter, 1889.

Central Bank la Formona.

BRANCHES AND AGENCIES: JAPAN:-Toyko, Tolobana, Kobe, Osaka,

FORMOSA:-Oiran,

Kagi. Kanako,

Imlung.

The

Banks. Hong Kong & Shanghai

Makong, Nants, Banchike, Talebu, Tana Banks were transacted at $3,530/35- Tako, Tamtul, Toen, Hella, Tallo, OKINA :—Shanghai, Haskow, imoy, Foosbow, closing with sellers at the latter,

Bwalow, Canion. OTHERS og Hoog. Bingsporo. Sowboys, rate.

Semarang, Batavia, Bombay, London, Naw

Bank of East Asias were a York. Dairan.

shade better with enquiries $115.00.

LONDON BANTERS ; Baclays Bank Ltd.. Lloyds Bank, Lid.. bidland Bank, Ltd, Westminster Back, Lid

The Bank has Correspondents in all the principal Commercial Centros thinugh the world. K. NAGURA.

HONG KONG BRANCH:

B, De Voras Bond Central. Hong Kong. Dember 14, 1951.

nough.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OPPICE,

14, Gracechurch Biri, Lorden, E2.0.8.

Authorised Capital....23,000,000 Subscribed Capital

1,800,000 Paid-up Capital ... 1,850,000 Reserve Fund & Rest 1,217,927

BANKERS:

The Bank of England & Midland Bank, J.

BRANCHES

(Mauritius)

Beagoon Skubi

Bangkok

Batavia

брод Kandy

Penang

Port Louis

Bombay

Karachi

Calentia

Xola Bhara

Colomba

Kusia Lipis

MARIN.

Delhi Calls

Zuala Lumpur

Slar's

Kuantos (Fabang) Blogapura

Lion Roar

Madra

Bourabays

Howtab

Bow York

AMERICAN EXPRESS COMPANY.

INC.

Head Office:-55, Broadway, New York.

Capital Surplus Reservoa

.U.S.$8,000,000.00 .U.S.$1,832,832.04 .U.S.$1,458,118.79

Established 1880.

BRANCHES

Amsterdam Antwerp

Capital, (fully paid-up) Yen 100,000,000 Romerve Fund"........Yan 117,500,000-

Barida

Head OficeÝOKOHAMA.

Branches and Agencies at: Alexandria Batavia

Barrita Bombay

Nic Glasg

Maples Harta

Poseur ilansburs

Parla Math

Penang Interlaken Paking

Besac

1 lis

Hemala

Landon

Buenos Aire

Iftirpool

Backbool

Luceras

bughal

Celostia

Торые

06 bo

9. Koris

Newchwang

Manjala Voca

New York

FARH Belping

Picsance Оврата

Berita Borabay Calcutta

Canton

Changchun

Nagasak! Nagoya

(Dainy) Pop (Makan) Bio de Janeiro

San Francisco Beattle F

ong Kong

Karachi Cobe

Semarang 2 Shenghai Shimonarki Singapore Boerabaya

Caricam

Marillas Osetinol Monte Carle Copenhage Marils Edinbur

Munich Mochir Millan

Palermo Hotca

Branches of American Express Com pany in Principal cities of United Btates of America and Cassia.

All classes of Commercial Banking Transactions undertaken. «

Personal investment

| handlad

Company

HONG KONG BRANCH.

Fire

at

-0.3

Insurances. Canton mained in demand at $1,200. Unions were rather quiet with sel- lers at $445 ex dividend. China Underwritera improved a bit and were wanted at $8.45.

Shipping Douglases improved to a buying rate of $27. Hong Kong Steamboats remained un- changed with sellers at $22.00.

Docks, Wharves and Godowns.- Hong Kong & Kowloon wharves were featureless, sellers prevail- ing at $145.00. Providents (old), were the medium of a fairly large; turnover at $5.30/85, the market closing with sellers at the former rate.

Hotels & Real Estate.-Hong Kong & Shanghai Hotels (c. r.) changed hands at $12.70 and more shares could be obtained at this figure. Hong Kong Lands attract-

Every description of Beaking and Exeburgs busied a great deal of attention, a fair-

Desa transscled,

Travellers Chamas Inmed.

Trustee and Executorships under

taken.

at rising rates from $774 to $77.90, ly large business having been done

INTEREST allowed on Current Accounted Humphreys again showed an im- Fixed Deposits at Ratas that may be ascertained provement with buyers at $16.40,| on applosion.

J. B. ROSS, aellers were rather scarce. Hong Manage Kong Realtys were much easier 1. Queenja Road Central

Hong Kong, 7th April, 1982.

with shares offering, at $12.25, transaction having been effected at $12.80 cash and $12.40 to $12.60 for July account.

LATEST INVENTION American Chemical. Diamonds.

Cotton Mills.-Ewos experienced These diamonds are a sharp rise and were put through equal to real diamonds in large quantity. at Tle 14.10/

in all respects 14% closing firm with buyers at Specially in brillaney Tis. 14.70.

of lustre, hardness, etc. Public Utilities Trams Improv- Can cut glass like realed a great deal with business effect-

fra fle

diamonds. Proof acid, water, oll, etc. These diamonds ed at $22%/23 and there were can be washed with soap and water buyers at the close at $224. Star and can be used for more than 100 Ferries were better and could years. Price per carat

Arms Cash or C.o. BAK.$7.50-|be placed at $91.00. China

who

purchase diamonds to the value of Lights (old), recovered a great deal H.E.380 or mors will get 20% dia and were dealt in as high as count. Send your orders direct to the as $21.00. Hong Kong Electricn P.O. Box No. 240, Panang 5.8 American Chemical Diamond Co. after having been done at $74% When ordering mention "Chire Mail" (F.P.) were enquired for at 828.80 could be had at $75. Telephones

with sales reported at $24.00.TE Miscellaneous Cements were steady at $18,70 at which rate a fair business was transacted. Hong Kong Ropes could be placed at $14.00 Imne Crawfords. (old), ware sought for at $6.60 Entertain mente eguldfätet.

1834. Construe

OPEL

YESTERDAY'S SOLUTION, CADS ALL ORAL SCA ERI URS RETAD TSAR ERG ACOD S ASHEN E FAKERS RIÖÖLE EN DOCO OR DANISH SHRINC AMA BAGET MEN HOPS POE SPAT ASLEEP ESTATE: SLEW EAT-OILS DOSS NOS WROT

HOW KEE.

DENTISTS,

HARRY FONG, Dentist, ist door, No. 74, Queen's Road

Central. Tel. 21255.

LAU PAK WAL, Dentist.

HONG KONG OFFICE: GLOUCESTER BLDG., 1st Floor, Telephone 20488. KOWLOON OFFICE:-- 335, NATHAN ROAD, 2nd Floor. Telephone 58581.

TANG YUK, Dentist. Successors to

the late SIEN TING, 14, D'Agullar Street,

TERMS VERY MODERATE Consultation Fres

in turn receive financial payments ENGINEERS & SHIPBUILDERS. from Germany parations.

on account of re-

"It is, therefore, a purely legalis- tic and technical position for us to take when we say there is no re- lationship between reparations' pay- ments and Inter-Governmental war debta."

In conclusion, Dr. Batler urged the United States to take the Initia- tive, as otherwise our Government is simply throwing its influence on the side of making the present crisis worse and more dangerous,"

DAILY CROSS-WORD PUZZLE.

(This cross-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetic spellings, such as harbor, plow, and altho.)

18

212

。

HO

12

16.

20

35

Sa

146

50

HORIZONTAL

3-Rim... 4-Stop

| HORIZONTAL (Cont.) 42-Clothed 45-Negative (48–Material with, a 'corded surfäse 48To make amende 12-An elderly man for

S-A vulzar pretender

to gentility S-Margin

14-High playing card 49-Gullad

VERTICAL (Cont.) 11-Member of an Panalant. Aryan, race: 15-Greek god of love 15-Prohaun d 16-Mualos! note 4319–Ragad Play

-20-Sent forward

Homer

15-A hoarder of money 50-Vakicle on runners 25-Greek poem, by 17-ParityLDEN BRUNE 18-Musioni nota 88-Restrains 19-Withdraws from the 54-Walk Aunlo

VG 86+Marriós.

PARA VERTICAL

1-Form... camp'

male deer {S.Grést: Britzfit':

28-Part of the foot 29-Foot-like organ bo 22Ships of the tiesart 18-Amorjaan buffalo b

-Raliway, eating caru Ronish god of war

ther of Apollo

W. 8. BAILEY & CO., LTD,

+

Kowloon Bay. New Work & Repairs. Call Flag "L"

Sole Agents for Kelvin Motors.-

HAIR DRESSERS.

LEE YEE,

Ladies and Gentlemen's Hair Dressers & Booksellers, No. 12, D'Agullar Street. (opposite Queen's Theatre),

OPTICIANS,

THE HONG KONG OPTICAL COMPANY.

Phone 22282. *

53, Queen's Road Central.

SHOES

MADE

TO ORDER.

LADIES & GENTLEMEN'S SHOES

Expert Workmanship. Fit & Style Guaranteed. SHERRY & CO.

No. 8, Peking Bldg, Hankow Rd.

Black Brown

BlsckBrown Boots from $8.04. Children's Boots Shoes from $3.00

Best styles, most domote frock of all sizes Repairing a speciality.

WONG SIU WOON***

Phone $1474

21, Pottinger St

HONG KONG HEIGHTS

For the information of visitor the following list of some of the highest points on the Island and Mainland Inpublished:

Victoria Peak Signal Station Mt. Parbor!! Mountain Lod The Eyrie Peak Hote Talkoo

Bow

Fest

ADUGGAN