1932-06-15 — Page 2

NEW YORK

PSITING (Peking)

PENANG

RANGOON

HEAD OFFICE: 55, Wall Street, NEW YORK,

BAIGON

Undivided Profita U.S.$225,503,775,00

Branches in

ARGENTINE

LONDON

BELGIUM

MEXICO

་

REPUBLIC

&

Bangkok Bateria

Ipoh

Randy

Babay

Karachi

Calcutia

Kota Bharu

Colombo

Kuala Lipis

DAM

Kuda Lumpur

مالدا

Hoat Loat Howak

Madras

New York

Manigor.

THE

HAIPHONG

HAMBURG

BANKOW

HARBIN

HONOREW

ILOILO

IPOI

JOHORE

RODE

KOWLOON

HUALA LUMPUR

YOKOHAMA

Current Arrauts opened in Local Currency and Vird Depolls received for one year or shorter periods in Local Compexy and, Sterli

on terms which will be qunted in application. Hong Kong. 5th April, 1932.

*

HONG KONG SAVINGS BANK.

siness of the share Back is contestad HONG KONG AND RESNOMAT BANK

10 CORPORATION. Rules may be abigloed

application.

FOR THE HONGKONG AND SHANGHAI WANKING CORPORATION.

·V. M. GRAFBURN,

Okul MamageN.

Hong Kong, 4th February, 1932)

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong,

Authorinad Capital (H.K. Carrancy)611,000,000

Pald-tip Capital

Base Fund

Canton,

6,685,000

***,150,000

BRANCHES.→

Shanghai, Hankow.

Juntow

Bangkok, New York and San Francisco

· LONDON BANEZES:—

The Lloyd's Bank, Tissited.

CORRESPONDENTS

In all principal cition of the Wodd.

Foreign Exchange and banking buaim of every danɑription tractad.

Safe Depot Boxes (various altas) at a yearly

rental of from 5 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀 4

Reorganised October 26, 1928, under special charter of The National Gov- ernment as ab

*

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital .....$25,000,000,00

Paid-Up Capital

Reserve Funds

$24,710,200,00

.$ 9,820,503.82

HEAD OFFICE: "SHANGHAI."

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches inl China and large connections in the Im-} portant 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 issue of Bonds and other Public Funds of the Chin-!

KUALA LUMPUR

Foreign Exchange

Banking business transacted.

General DOMINICAN

Current Accounts opened and Fix-INDIA ed Deposits received for one year or ITALY shorter periods at rates which will be JAPAN AFAN 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.

(KETHERLANDS TRADING SOCIETY)

BANKERS,

Established 181.

Hong Kong Office :—11, Queen's Road Central,

Authorised Capital .......... Ouilder 150,000,000. Fald-Up Capital Oulldars 80,380,000 Bus Fund. Galdera 40,015,000-

Head Of AMSTERDAM”.

Eastern Head Of:—BATAVIA,'

Branches ---Bandjermani, Dandong". Blonday. Calesita, Chribon, Djember, Djok Jakarta", The Hagua", Jiddah, Kobe, Makar Medan, Palembang, 'Paka longan. Pasang, Rangoon, Rotterdam Bemarang, Shanghal, Bingspoes, Boerk bala. Ederakarta" (Bola), Tagul, Tjilatjap and Welterredro",

• Thess offlera hasa Bala Depoalt, Bozes da Let,

LONDON DANKERS |——

NATIONAL PROVINCIAL. BANK LID.

Correspondents all over the woeld., Banklag Busi. [ness of svary deserfpilon iransacted.

A. STOKKINK, Hoog Kong, December, 1981.

ese Government both at home and AMERICAN EXPRESS COMPANY,

abroad.

Hong Kong, 5th March, 1981.

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

INC.

SHOU J. CHEN,

Manager.

Head Office:-65, Braidway. New York.

Capital

THE YOKOHAMA SPECIE BANK,

Surplus

LIMITED.

Reserves

.U.S.46,000,000.00 „U.S.$1,832,882.04 ...U.S.$1,458,116.78

Established 1880.

BRANCHES

Amaberdar

Nice

Reserva Fund

.Yen 117,300,000;

Albans

Beals

Glasgo Harana Hamburg

Berlin

Head Office:—YOKOHAMA,

Berita

Bataby

Branches and Agencies at:

Braman

Brizzeds

Interlaken Jetsonlam

Landon

Peking

Alexandria

Nagasaki

Bounce Airas Lárupool,

Batavia

Nagoya

Lagano

Newchwang

Bombay

Calcutta

Daska

Pariz

Changchun

Pelping

Rangoon

Berlin

Canton

Dairen (Dalny)

New York

Fangtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong

Kobe

London Los Angeles

Intere

lowed.

San Francisco

Seattle

Semarang

Salmonnad

Soerabaya

Daloutla Cinne Oslobo Martilag

Bi Morita Constantinoply, Monte Carla. ... Tientala

Mazd

·Elsburgh' Kunjah Floriss Get

Sarl Zurich Branches of Amerkan Erpress Com panyia Principal cities of United States of America, and-Canada

Milan

Ickhame

All classes of Commercia Transactions undertaken.

Personal

Company

A low level of U.S. Steel, which Elec. Auto Lite Co.

At the close, American Air Reduction" Tel. & Tel. was off.8% to 82%, Amer. Sugar Refining

Auburn Commercial and Travellers Letters comparing with a last year's high Bendix Aviation of Credits, Travellers' Cheques, Bills of 2014- of Exchange and Cable Transfers Tel. was off 4 to 3%.

International Tel, & bought and sold. Current accounty and Savings Bank accounts opened and New York Tractions was also Continental Can Fixed Deposits in local and foreign sold heavily. currencles taken at rates that may be application to the Bank. ascertained

DA We are also able to offer our

tomers the services of the Bran/losed off 1% to 26%, was partly Elec. Power & Light

caused by the estimated produc- Fund. Trust Series "A"

tlon in Spain and also of The National capacity. Bethlehem Steel closed Int. Printer. Tank Car 10%

of the International Banking Corpora- tion being only 20 per cent of Fund. Trust Series "B" i 2%

General City Bank of New York (France), off 1% to 8. S.A., in Paris and Nice.

Trucks Mack Woolworth, closing down 1% to Nat Biscuit R. M. MCLAY,

Nat'l Cash 284, declined because of the re-Nat Register Hong Kong, May 18, 1932.

Bigration of President Parson Nat? Dairy Products under the rule of compulsory re-Safeway Stores

Otis Elevator tirement at 60 years of age. United Fruit

Manager.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE:-Talpeh, Formosa

Incorporated by. Special Imperial Charter, 1899.

Central Bank la Formosa. Bank Notes baurd Average amount Ten. 46,000,000 BRANCHES AND ADENCIES: JAPAN —Tokyn, Yokohama, Kobe. Osaka. FORMOSA-Giran Kagi, Raraku,

Sales for the day were 1,000,000| Sakong, Nasto, Shlochiku, Taichu, Ts,shares. Call money held at 2% Takap. Tamaul, Toen, Hella, Talta. CHINA-Shangbal Haskow Amey, Foochaw,¡per cent.

Swatow, Eputon.

OTHENS :-Dong Kong, Singaporn, Bonrabaya, The Dow Jones average for 30 Samarang, Bataris, Bombay, London. New industrials was off 2.27 to 45.20,

York, Dairen.

LONDON BANKERS:

Barclays Bank, Ltd., Lloyds Bank, Ltd.

fidland Bank, Lid., Wostminster Buck, d.

that for 20 rails was off 1.11 to

15.14, that for 20 utilities was of

The Bank has Correspondents in wit the principet11 to 18:36 and that for 40 bonds Commercial Centres throughout the world. was off 58 to 70.85,

Quotations.

HONG KONG BRANCH

Des Your Road Central. Ilong Kong. December 2, 1931.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE :

15, Groschuch Birsel, Londen, E,CA

Authorised Capital

Subscribed Capital Paid-up Capital .... Roserve Fund & Rest. 1,217,927 BANKERS:

The Bank of England à Midland Bank, Lad

BRANCHES:

Kuania (Fibang) Blagapoes

BOKO ZONO BRANCH.

Eracy description of Banking and Exchange boxi- Į pane teksgassed.

Travellers Casque·larned, '

Trustee and Executorships under takon.

INTEREST allowed an Current Accounts and

Auburn Automobiles

Fized Depodie at Bates that may be moutained Curtiss Wright Com. on.sppliesiion.

7. Onaan's Bosé, Central,

Hong Kong, 7th April, 1982.

ALEXANDER

INSTITUT

DE BEAUTE

Phone 25195

Pedder Buildingz

Opposite Entrance to. „Hong Kong 'Hotel Instrous Oil Permanent, Hate Waves which are Largs, Beft a Natura),

Goodrich Kabber

Goodyear Tyre & Rubber -74 International Cement

Int. Combustion Engine 16 International Harvester International Nickel International Foil & Tel. 11%

@Manville Kenhocalt Kreguer Toll

(kky calear); Hair Cutting ang Mews. Liggett & Myers "B"

Ledim xud Gentleman), Ca

paid Loew's Inc.*

Lorillard P.Car(Com:) Lidlum

Steel

MODERATIL

Montgomery Ward

CHANGE FISIT WILL CONVINCE TO

Nat

5% 1925

LOCAL DOLLAR

Exchange Market Practically Lifeless.

Una. With the local dollar unchanged, 183 the exchange market. yesterday was in a lifeless condition, there 10% being no inclination to do business, shesh ln London, silver was down 1/82 1/221/16th, the fall being chiefly due 1998 to lasufficient support, the market being quiet. After the official 10% 10% fixing, the market presented no

39,"

Brenda necial

Bk. (bid price); 26% Nevada Copper

New York Central asiové 117

26

North American Comero, 17% 10 Padide÷GATU 2

York, silverprices re

DON SILVER

PORTO RICO STRAITS

SETTLEMENTS URUGUAY

VENEZUELA

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capite]___

850,000,000

Imed and Pully Paid-up 90,000,000 Reserve Funda:

verlies v

2 8.300.000 $10,000,000

4.

Escorts Liability of Proprietors im $90,000,000

HEAD OFFICE: HONG KONG.

DOARD OF DIRECTORS—

iton. Mr. 3. J. Paterson. Chairman

T. E. Pearce, Esq. Deputy Chairman.

Roo. Mr. W. II. Roll, A. H. Compton, Zaş. M. T. Johmann, Zag. -0. Miskin, Znj. ·

AMOY

BAROKOH BATAVIA DOKHAY CALCUTTA

GANTUN CHEPOO COLOMBO

ZAIREN MUCHOW

1. A. Plummer, Eas

T. U. B. Bhar, Esq.

J. P. Warren, Raqi

V. M. Graybaro, Esq. Chist Manager.

BRANCHES :-

LONDON

LYONS

MALACCA

NEW YORK

MANILA

MUAR (Johor)

MUKDEN

PEIPING

PESANO

BANGOON

SAIGON

SAN FRANCISCO

SITANGHAL

SINGAPORE

SOUHARYA

BUNDEL PATANI

TIENTSIN

TOKYO

TSINGTAO

THE CHARTERED BANK OF

· INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve Liability of

prietors

Pro-

THE HO HONA BANK, LTD.

(Established 1917)

HEAD OFFICE: SINGAPORE. Hong Kong Branch: 13, Queen's Rd.' C. Authorised Capital Straits $20,000,000 Issued Capital

.H

Paid-up Capital

8,000,000 *4,000,000

Reserve Liabilities of

Shareholders

4,000,000

Surplus ****

2,887,000

Branches, Agencies and Correapon- dents in the principal cities of the

£9,000,000 world. ..29,000,000

£3,000,000

Agencies and Branches:

ALOR STAR

AMRITSAR

BANGKOK BATAVIA BOMBAY CALCUTTA

CANTON JAWKPORE CENU COLOMBO DELHI

HAIPHONG

IPOH

KUCHING

MADRAS

MANILA

HEDAN

NEMARAKO

SEREMBAN

SHANOTAL

SINGAPORE

HAMBURG

HANKOW

HARDIN

SITIAWAN

ONO KONG

SOURABAYA

ILOILO.

TAIPING

TIENTFIN

KARACI

TONGKA (kel

XLANO

ΣΕΣΚΟΥΛΟ

KOBE

TOKOHAMA

KUALA KANGSAR

ZAMBOANGA

and

Every description of Banking and Exchange business transacted.

TAN ENG HOOL,

Manager.

THE NATIONAL CITY BANK OF NEW YORK.

Capital, Surplus and

BRAZIL

CHILE CHALA

CHINA

COLUMBIA

CUBA

PANAMA

PERU

PHILIPPINE

ISLANDS

THE CHINA MAIL"

Commerce and Finance

NEW YORK AND STOCKS

LONDON

PASSING OF $2,000,000,000 EXPENDITURE BILL DAMPS MARKET.

Woolworths Decline Owing to Resignation of President.

WEDNESDAY, JUNE 15, 1932.

KING'S THEATRE

THE SEASON'S OUTSTANDING MUSICAL EVENT !".

THE WORLD'S GREATEST WOMAN

NA VIOLINIST.

RENEE CHEMET

Now York, Jüne 8.

June 7

Liquidation of stocks continued Transamerica' on the New York Stock Exchange Union Carbide & Carbon 17% to-day through all sections of the United Aricraft & Trans. 1% list, says the daily review of the United Cory...... Dow Jones Financial News Agency United Gas Improvement 12%

U.S. Rubber for the Wall Street Journal,

U.S. Several leaders, including US Stee! Vanadium American Tel. & Tel., broke anum

Warner

Bros. Pictures through bear market lows and Westinghouse E. & M. |were gold heavily during the late Woolworth

ression.

16%

Union Pacifc

86%

7%

44

12

27%

વન ર

25

30%

195

25%

234

674

35

14

14

35-

264

5%

6

Canada Dry Ginger Ale 8

0

Caterpillar Tractor

Б

22

2014

Coty, Inc. Diamond Match

1%

134

13%

9%

014

344

212

2號

-10%

Ink

12

10

29%

28

74

10

15%

9%

9%

394

35%

144

13

The principal unfavourable news U.S. Realty & Imp, of the day consisted of word that: the House of Representatives had, passed Speaker John N. Garner's bill providing. expenditure of G$2,000,000,000 on public works Chinese Govt. Bonds:-

5% Reargs, 1913, projects for unemployment relief,

London and the failure of commodities to

4% 1898 Eng. rise.

2%

24

LONDON STOCKS.

June

&

60%

601/

86

85%

4% 1908

58

58

5% 1912

$6

37

82%

82%

Imperial Rly. 5

71

71%

S.N.R. 5%

28%

28%

Canton-Kowloon

5%

5-10

5-10

Tientsin-Pukow 5% 7-12 Tientsin-Pakow 5%

2nd

7-12

ONE RECITAL ONLY

AT 9.30 PM.

FRIDAY, 24th JUNE.

BOOKING OPENS SHORTLY.

DAILY CROSS-WORD PUZZLE.

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

5-10

5-10

12 13

19

FOXITP. 12

S'hai-H'chow-Ning-

E. NAGURA,

Manager

Po 5% Hukuan 5%

67

57

13

June 7

Honan

14-18* 5-10

16-20

B-10

10

Adams Express

2

Lunghai 5%

7

74

Allied Chemical & Dye

Allis Chalmeră

50% B

Marconi 8%

5--10

6-10

120

→ 23.

American Can

37%

Ung. H.K. &

Vickers 8%

3-8

S.

Bank

08.

24

1

Amer. & For Power

24

American & For. Power

Ware

2% Mercantile Bank

Chartered Bank

Ung.

American Smelting

7%

prof

110.S.N. 8% cum.

8%

American Tel. & Tel.

.698

23,000,000 ·

American Tobacco ""

40%

1,800,000

American Waterworks

18%

B.A.T

48 Gula Kampung... B)...

1.C.S.N. def. ord.....

31

33

6/8

.....67/-6

87/ 6

1,050,000

Anaconda Copper

.4%

Shell T. & T. Reg. .82/6

82/ 8

.35

35

P. & O. def......12/

12/-

36

37.

58 59

Baltimore & Ohio

Jap.

5%

2 Loan, 1907 564

1.

54%

5

thlehem Steel

Panang

Company

814 Jap. 6% $ Loan, 1924 66% €5%

Chi. Eng. & Mining 29/9

40

25/9

Consols

634

634

.1

Port Laula

(Marine) Rangoon Shanghai Bimin

Borg

Warner

Canadian Pacific Railway 84

War Loan,

Case, J. I

19%

14 Canadian Pacific

1024

102

··12

1144

|

Chase Bank

23

Victory

Bonds,

47

149 150.

$%

101%

1014

Chesapeake

Chesapeake Corp.

German 7% Int.

Bourabaya

Chrysler

66

Cities Service Co.

Shanghai Elec.

Loan, British 55

ST

52 53

59%

Con. 62/8

52/ 6.

Continental Cil.......

Columbia Gas & Electric 645 Com. & Southern

22 Cam & Bo. Warr.

5/18 Com.

4 Consolidated Gas of N.Y. 80% $3

LGI ord.

12/10

12/10%

Dunlops, ord.

Courtaulds, ord.

25

25

9/10

9/9

GO

Cables & Wireless

"B

7%

7

Corn Productà

-30

28%

Cables

Wirel

J. B. ROSS,

Drug Inc.

26%

25%

Cables

Wireless

HORIZONTAL 1-Base › .7-80offers

Manage

Du Pont de Nemours Eastman Kodak ................

27

pref.

25%

37

38%

Unofficial quotations.

General

Electric Bond & Share Electric Power & Light", Fox Film:

General: Electric

Gener Foods

13-Kat 14-Worshipping

eposition

ider.

1%

1

10%

month

20%

General Motors

8

UNCHANGED.

General

"Railway, Signal," "9%

Ung:

Gillette Safety Resor

18

12%

Gold Dust

Unq

HORIZONTAL (Cont) | VERTICAL (Cont.) [45-Musical compost12-8cornad

tions for one volos 13-Variety of melon

47-Steamship (abbr)

16-Rapake

22-Qetrish-like bird 46-A allky fabrie (Pr.) 25-Saturated with 61-Davies for browning with water i 200 brand Dr.

$4-A metal

-Editor (abbr); Femme together

church holiday

ERTICAL..

26-Drunkardi

27-Hative of America 20-Cripples 20-One who receives

16-A minister: (11.) ·

Who: galər”

O ARAQESCOG 10 7ONRCAB BE ARRA DCNGR BA GNARD FOR NSAU ARNGCR ASQANDA SEZONA CENA BEGKS

JNDREPE LOBOZ JACIAR 220 NEKA fons BRUDA SONARO DR OBREDON BAR E GROGESZKA EX