1932-06-25 — Page 2

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION. ·

Authorized Capital $50,000,000 Imed and Fully Paid-up0,000,000 Boys Funds

£8,500,000 10,000,000

Berling

8) For

Kaners Liebility of Propelator $20,009,000

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS-

Ian. Mr. 3. J. Paterson,

Chairman

T. E. Pasco, Esq, Deputy Chaleman.

Bon. Mr. W. II. Dall,

A. . Compton, · Enej. M. T. Zoláson, Ent. 42. Makin, Esq.

ANOT

J. A. Plumm

J. P. Warren, Eaq.

THE CHARTERED-BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON,

THE CHINA MAIL.

THE HO HONG BANK LTD.,.

(Established 1917)

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

| Paid-up Capital ............ Reserve Liabilities of

Shareholders

Surplus...

11

8,000,000

4,000,000

#

4,000,000 2,687,000

Commerce and Finance

Branches, Agencies and Correspon- MANCHESTER WEEKLY

dents in the principal cities of the

£3,000,000 world.'

Every description of Banking and ....£8,000,000

Exchange business transacted. .£$,000,000

TAN ENG HOOL,

Paid-up Capital Reserve Fund Reserve Llability of Pro-

prietors

Agencies and Branches:

ALOB STAN

AKRITBAR.

KUCHING

DANGEDA

BATAVIA BOMBAY CALOUTTA

DANTON

KADRAS

MANILA

MEDAN

NEW YORK

PENANO

Mag.

T. II. . Bhav, Eng.

PEIPING (Pating)

DAWNPORE ORBU COLOMBO DELTI

BANDICON

FAIGON

SEMARANG

SEDEMBAN

SILANGHAI

V. M. Graybarn, Esq, Chial Manager,

BRANCHES-

LONDON

STARTIN

CALCUTTA

MANILA

MAR Job

MIT&DEN

HAIPHONG ITAMBURG HANKOW

HONG KINH

11.0

BANGKOK

BATAVIA BOMBAY

CANTON

CHEFOO

COLUMBO

DAIRES

POOCHOW HAIPIONU

HAMBURG JANKOW HABBIN HONGREW

110110

iron

JOHORE

KOBE

KOWLOON

SCALA LUMPUR

LTONS

MALACCA

KLANO

SINGAPORS

SITIAWAN

FOBRABAYA

TIEXTRIN

TAIPING

POR

KABAUSTE

TONGKAN (Bhuk^1}

NEW YORK

TSINGTAO

PESPING

KOO

YOKOHAMA

KUALA KANGSAR

ZAENUANGA

Foreign Exchange

and

PENANG

HANDOON

PAIGUR

HAN FRANCIFOO

SITANGHAL

SINGAPORE

SO USABYA

GUNGE! PATANI TIENTSIX

TOKYO

· TSINGTAO YOKHIAMA

Current Acroasts opened in Tocal Cormary and Pia Depocita serelyed for oss er or shorter grind in Local Company and Blarting an fix which will be quoted on application. Blog Kaur, 5th April; 62.

HONG KONG SAVINGS BANK.

The Burman of the norm Bank in engisoled the HONG KONG AND SHANGHAI BANK HO CORPORATION. Bu ay be obtainas és spplication.

FOM THE HONGKONG AND RUANGWA: PLEKINO CORPORATION,

F. H. GRAYBORN.

Chial Manager

Hong Kong, 27th February, toga.

THE BANK OF CANTON, LTD.

Established 1912.

Head Offee-Hong Kong. Authorised Capital (II.B. Currency)...$11,100,000

Paid Up Capitel

.........B.COKIDOG

Gero Fund,100,000

BRANCHES :-

Ciston Bhanghai, Bapkow.

Swator

Bangkok, New York and the Prancisco

LONDON BANKERS:-

The Lord's Bank, Limited.

CORRESPONDENTS

In el principal cities of the World.

Foreign Exchange and beaking busion of

very description triamcled.

Sale Depouit Borda (various sizes) at a yourĺp < mata of from 15 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

Reorganised Orober 26, 1928, under special charter of The National Gov- -ernment as an

INTERNATIONAL EXCHANGE

Subscribed Capital.....$25,000,000.00

Reserve Funds

KUALA LUMPER

Banking business transacted.

Manager.

THE NATIONAL CITY BANK OF

I

NEW YORK.

HEAD OFFICE: 55, Wall Street.. NEW YORK.

Capital, Surplus and

Undivided Profits U.S.$225,503,775.00;

Branches in-

ARGENTINE

BELGIUM

BRAZIL

CHILE

LONDON

MEXICO

PANAMA

PERU

CHINA

PHILIPPINE

COLUMBIA

ISLANDS

STRAITS

CUBA

PORTO RICO

MARKET REPORT.

Prices Steady Through Quiet Period.

LACK OF CONFIDENCE

IN BUYING.

SHARE MARKET.

Weekly Reports by Brokers.

G. A. HARRIMAN.,..

Hong Kong, June 24. Mr. G. A. Harriman's weekly share report and market review: issued at noon, states:-

A more brisk market prevailed Owing to the Whitsuntide holl- during the week under review than has been the case for sometime days we did not issue our weekly past, and several large parcels of market report last week. Very lit-shares changed hands for gach and tle of importance has happened this forward deliveries at bargain prices. last few days to affect the market In the speculative section Hotels were done In quantity at $11.35 and prices have remained very cash and $11.55.65 August cum Cements were also popular! steady. The new crop in the States rights: SETTLEMENTS is reported to be making steady at $18.35 cash and $18.75 August, URUGUAY VENEZUELA

progress and the weather conditions Realties were extremely active and were in strong request for cash! in most parts of the belt are gen-shares at one time at $12.10 around]

favourable. The 'de which rate several thousand shares of Exchange and Cable Transfers crease in the acreage is not likely changed hands, the forward market bought and sold. Current accounts

cular stock although business was and Savings Bank accounts opened and to be more than 10 per cent., and it was somewhat quieter in this parti- Fixed Deposits in local and foreign would be advisable for traders to done at rates varying from $12 to currencies taken at rates that may be

General DOMINICAN REPUBLIC

INDIA

Current Accounts opened and Fix-ITALY of Deposits received for one year or JAPAN 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

Commercial and Travellers', Letters

of Credits, Travellers' Cheques, Bills erally

in

ascertained on application to the Bank. keep their requirements well cover- $12.20 July. Lights were more or less neglected at quotations. In the We are also able to offer our Cus tomers the services of the Branches ed as it is quite possible that any investment section Trams were & of the International Banking Corpora outside favourable news would have request at $22.40 cash with sales

tion in Spain and also of The National City Bank of New York (France), the effect of sending up prices at $22.60, Lands and Electrics being for around S.A, in Paris and Nice.

rather quickly. Whilst the general steadily enquired

the whole this R. M. MCLAY,

tone has lately been better there is quotations, but on

section of the market was quiet. Hong Kong, May 13, 1932.

stila lack of confidence in buying The sterling section was inclined to which will probably be remedied be easier with Banks done at $1,440 when other commodity markets re- and Unions holding a buying rate

EFFICIENT-TRUSTWORTHY—

RELIABLE-COURTEOUS.

144-150, Des Voeux Rd. C

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(KETTIERLANDS TRADING SOCIETY)

BANKERS.

Established 1924.

Block Kong Office:-11, Qumin's Red Gearsl

.. 150,000,000 Authorized Capitif Paid-Up Capital ... .£. 80,030,000 ... 20,015,000 Reserves

lient Oos-AMSTERDAM”. Eastern Hout One:-BATAVIA

Bendoong Brancho-Bandjermanin.

Bombay, Djember, Djok Calcutta, Cheribos, inkaria, The Hagus, Siddah, Kobe, Makassar, Medan, Islambang, Pen tangen, Penang, Rangoon, Bierdam", Semarang, Shanghai, Singapore, Boere bais. Soerakarta (Solo), Tegni, Tintjoy and Wallevreden*.

Manager.

(TAIWAN GINKO.)

THE BANK OF TAIWAN, LTD. gain more normal position. A much of $480. The tone of the market is brighter outlook has been notice steady but the volume of trading! able with India, and the enquiry appears to be on the increase.

Banks. Hong Kong & Shanghai for a variety of cloths has been well maintained. Calcutta has been Banks were slightly easier and asking for the prices of dhooties, could be obtained at $1,440. Bank and in some cases odd lines have of East Asias

Bombay continuea $114. been booked. to be the quietest market, which is

natural

HEAD OFFICE:-Taipeh, Formoes. Incorporated by Special Imperial Charter, 1899.

Central Bank la Formos. Bank Notas sued Average amount.... 45,000,000 BRANCRES AND AGENCIES: JAPAN-Tokyo, Tokohama, Kobe, Dk. FORMUSA- Kogi. Karenosuz only

Bakong. Nasto, Chinobiku. Talehu. Telni, amount Taken Temui, Toes, Hoita. Taito. CHINA:-Shenghai Hankow,

SATURDAY, JUNE 25, 1932,

TYPHOON-

MAP

OF THE

CHINA SEA

The Landsman's Handy Guide to Locating the Centre of a TYPHOON

SHOWING THE NEW STORM SIGNALS. REVISED MARCH 1st, 1931.

Price 50 Cents:

NOW ON SALE AT THE PUBLISHERS

THE NEWSPAPER ENTERPRISE LTD.

China Mall Office, 3A, Wyndham Street.

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.).

n

16

at

21

25

were on offer

Insurances-China Underwriters considering the were more or less neglected, sell- of trouble recently exers prevailing at $3.30. Unions Karachi and met with enquiries at $430, sellers AIDY, Fochow,perienced there.

Madras have booked light bleach-asking $10 more.

Shipping Douglases were in Neing cloths whilst there has also

Hong Kong been enquiry for prints and fancies demand at $26. for the up-country outlets. There Steamboats could be placed at $20. still exists, however, quite a wide Docks, Wharves and Godowns.— The Bank has Correspondente in all the principal disparity between manufacturers Hong Kong & Kowloon Wharves Commercial Centres throughout the world.

Soersbeya,

Swatow, Chalon, OTHERS-Hong Kong: Singapore,

Semarang Batavia, Bombay, London,

York, Dairen.

LONDON DANKERS:

Barclays Bank, Ltd. Lloyds Bank, Ztd. Midland Bank, Lid., Westmilantes Dank, Lid.

HONG KONG BRANCH:

K. NADURA.

3, Dex Yaux Road Central, IT E. December 4, 1981.

Kansfer

THE MERCANTILE BANK OF

INDIA, LTD.

KRAD OFFICE: 15, Gracechurch Sirsal, Landon, ECU. Authorised Capital ....£3,000,000 Subscribed Capital..... 1,800,000 Paid-up Capital ....... 1,950,000 Reserve Fund & Rest 1,217,927 BANKERS! The Bank of England & Midland Bank, Ltd BRANCHES

BANK.

Paid-Up Capital

.$24,710,200.00}

.$ 3,820,503.82)

Bangkok

Ipah

Fenang

t

These aloes have Safe Deposit Boxes to Let.

LONDON BANKERB:-

Datavia

Bandy

Fon Louis

Bombay

Karachi

Caiosita

Xota Bharu

Colombo

Kunde Liple

Datbl

Kuala Lumpur

Bila

Tila

Kusstan (Pabang)

Hingapore

Hara Eons Howrah

Madres

Sourabaya

Now York

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central

Owing to our numerous branches in) China and large connections in the im portant commercial centres of the world, we are able to extend to

our cllents special facilities for domestle and foreign banking and exchanges.

We also handle the issue of Bonds

NATIONAL PROVINCIAL BANK LAD.

Correspondents all over the world, Banking Busi jnos of every description transactos.

A. STOEKINK,

Manager. Hong Kong, 21st June, 1932.

ТЦЕ

and ther Public Funds of the Chin-AMERICAN EXPRESS COMPANY, ese Government both at homo and abroad.

Hong Kong, 5th March, 1981.

INC.

Head Office: 65, Broadway. New York.

SHOU J. CHEN,

Manager.

Capital

THE YOKOHAMA SPECIE BANK,

Surplus

LIMITED.

Reserves

Established 1880.

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

Yen 117,800,000 Bels

Head Ofte:-YOKOHAMA, Branches and Agencies at:

Alexandria A

Batagia

Berlin

Bombay

Calcutta

Canton

Changchan

Nagasaki Nagoya

Newchwang

New York

Paiping

stiren (Dainy)

Rangoon Fallen (Külden) Rio de Janeiro:

San Francisco

Hamburg

Harbin Hoa King Honolulu

Seattle

Semarang Shanghai Shimonorali Singapore

Los Angeles

Tokyo:

at Htar to be

.U.S.$6,000,000.00 .1.8.$1,832,382.04 ....U.9.41,458,116.78

BRANCHES-

Amalaedam Antwerp Albena

Genoa

Kios

Glasgow

ESTISS

Salin

Diarrita

·Bombay Hembas

Buenos Aires

Hamburg Harm Intadiakos Jane Lido London Liverpool Дарегра

Kapice Picsa Parla

Pasang

Peking

Falsa

Ingano

+ Lexor

Onimate Canoe Costabo

Marvellan Comasinopla - Menis, Carlo

Rotterdam Bome Blamboul

Shanghel Southampton Blagagors St. Morita Tintain Visans

Ickshema Laizloh

HONG KONG BRANCH.

(Maurkico) Rangoon Bbangbal

Every description of Banking and Exchange bual- De transselad

Travalier Choques issued.

prices and the offers which are were on the quiet side and stood coming to hand. It is not expect at a nominal quotation of $141. ed that China will do much until Providents eased off slightly with after the Dragon. Festival, but buyers at $4.90 for the old shares there has been a certain definite en- and $2.30 for the new.

this week. Hotels and Real Estate.--Hong quiry put forward Whites have been in demand for Kong & Shanghai Hotels (c.r.) $11.15 and Shanghai whilst fancies and some fluctuated between of the staple dyed cloths, have been $11.35 closing in demand at $11.10. booked for Hong Kong. Egypt has Hong Kong Lands changed hands not been very active and has taken at $774 and there were further A fair business The buyers at $77. only a few speciality lines. other Near Eastern markets have in was done in Hong Kong Realties the main been quiet, although one at $11.80/12 closing with sellers at or add lots of white bleachers have $11.95. Humphreys, had sellers at been booked. Of the other mar- $16.

kets South America continues to

Cotton Mills.-Ewos were sold teke nice quantities of poplins, at T13.80 at the outset, but reced- Hmbrics and finishing cloths.

FALL IN LOCAL DOLLAR.

Trustee and Executorships under Further Slight Drop

taken.

INTEREST allowed on Current Accounts and Plaed Depoulie at Rsies that may be ascertained on application.

J. B. ROSS,

.

Manage 7, Queen's Bond Central.

Hong Kong, 7th April, 1982.

LATEST . INVENTION American Chemical Diamonde.

diamonds.

These diamonds

Recorded.

The Hong Kong. dollar remained unchanged yesterday morning with the local exchange market inclined to be easy. Business was still ex ceedingly small.

In the afternoon there was alight fall, the dollar closing at 8d.

I

ed to 18.40 towards the close, business having been done at T13.50/180.

Public Utilities.-Hong Kong Trams were very steady with China salés effected at $22.60. Lights (old) were negotiated at $20.10. Hong Kong Electrics de- clined to a buying rate of $721⁄2. with transactions done at $72%1⁄2/78. Telephones weakened a little with shares offering $22.60.

Miscellaneous-Cements (comb.) attracted & great deal of attention and a large number of shares changed hands at $18.10/.50 clos- aling in demand at $18.35.

Hoog

122

27 28

29

30

36

38

143

15

10

15

18

37

140

49

52

51

HORIZONTAL 1-A swindle

5-Largest continent 9-A reddish-orange 10-Ter

12-A kitchen utensil 13-A tree '14-Organ of hearing 16-Ordnance Depart

ment (abbr.) 17-Evening (Poet.) 18-River in Poland 20-Musical note 21-Feeling

23-Lukewarm 25-Blood-sucking my ot

#Africa

26-Complain

27-Sharp pointed

Непров

31-Signa

34-Remains of a fira 37-To bulld 38-Exlets

16

4

| HORIZONTAL (Cont); 31-Combining form.

Outside 41-Perform 42-The (Fr.) 43-Juice of plantu 145-Large artery 48-Short sleep 47-Bharp crying, barke 49-Assault, as of troops 181-Part of the foot

52-Chief divinity

(Egypt Myth.)

VERTICAL

1-A-marah

2-1 definite article

-Rogues

4-Comfort

B-Greek god of war 6-Courall

7-Into B-Consumed

apleite

VERTICAL (Cont.) The region of avi!

11-A drase fabria 12-A support 15-To travel 17-Superlative suffix 19-Neptune (abbr.) 22-A whinny 24-A fragment 27-A ralsed platform 128-To attempt

20-A call to herton 30-Get free

32-Deny

83-8k1lI

{84-Glory

SB-Walk

iso.Pitch

41-On the summit 44-Fondia

46-A book of the Bible

(abbr.)

48-Behold (Inter}.)

50-A continent (abbr)

(The solution of the above, cross-word puzzle will appear in Monday's issued along with a new cross-word puzzle.)

18.Kong Ropes suffered a decline and Hotels & Lands:-Hong Kong and were transacted as low as $18.10. Shanghai Hotels have been steady Silver was down 1/16th in Lon Dairy Farms were put through at at $11.85 but were done to-day at don. The Continent sold and $28%, and there were buyers at $11.20 Hotel Rights are wanted at equal to real diamonds China bought, on a steady market, slightly lower prices. Lane, Craw $0.60 shares changing hands at in

respects. Specially in brillancy After the official fixing, the market fords were in demand at $5.75 and $0.75. Hong Kong Lands have been

Constructions (old) at $5.10. steady a $77.00. buyers and hardness, of lustre,

etc.

Forward Settlement Days.-June $774 business, was reported. Real- Can cut glass like yes led quietly steady.

ties are wanted at $11.80, sellers Proot against fire, fle,

28, July 26, and August 30.

asking $12.00, but shares can be had at $11.90. Humphries have sel- lers at $18.

In New York, silver prices reced-

Futures were also easy. The cross-rate had dropped to

acid, water, oil, etc. These diamonds ed 1/8th to 27.8/8d., on an easy can be washed with soap and water market. and can be used for more than 100 years. Price per carat HE$7.50. 3.61. Terms Gas or 0.0.0. Those who purchase diamonds to the waing of EL.K.$50 or more will get 20% din rount. Bend your orders direct to the American Chemical Diamond Co., PO. Box No. 240, Penang, 8.S When ordering mention "China Mail”

Branches of American Express Com- pany in Principal cities of United ****** States of America and Canada

All classes of Commercial Banking Transactions: undertaken.

Personal Investment handled

"ths!" Company" (ofers

Intending Karayellers, "they use of its "Travellers

OPEL

LONDON SILVER PRICES.

London, June 24 Closing silver prices in London to-day were:

June 28. June 24.

16%

-16% Forward 16% 16-11/16 The London on New York cross rate was quoted £1-G38.60

Spot

CANTON EXCHANGE.

Canton Central Bank notes were quoted at the Chl

CARROLL BROS.

YESTERDAY'S SOLUTION.

[PA!

at!

GE

FAKE ASNA

INNA RENTS ASPON EA VGFSAN

5

SA

TOES

TEL

Cotton Mills:-Ewos have decid Hong Kong, June 24. The market this week has been ed this week and are now in demand quiet with little business done, the at Tis: 13:45 sellers at Tis 18.60 speculative shares have shewn a Docks, Wharves China Provi- light drop with a small rise yes- dents have eased a little this week terday, but there seems to be no and are now wanted at $4.90, sales signs of it holding up, as they have reported at $4.95 Wharves are buyers at $18.80 and there are sel fers at $18.40 Hopes have business declined again today. nominal at $140,y po

Banks Hong Kong and Shang Pabs Utilities Hong Kong reported at $18.10 and there are hal Banks have been weak this Trams have buyers at $22.40 and further buyers at $18.20. week and finished up at $1,440 sales there are sellers at 122.60, there Miscellaneous Dairy Farms and sellers, asking $1445 has only been a small demand for ara nominal" at 3234. Watsons Insurances-China Underwriters these sharon, Yaumati Ferries have sallers at $18. Lane Craw here been quiet at $8.80 there are (üld); are in demand at $88% therefords are wanted at 35% Con- at this rate, now. Unions are no shares offering: China Lights structions (Old) are m

I wanted at $430 with sellers are nominal at #2010 there are pos, $5.10, (new) at 11:35,2fd63

sible bayers at $20.00 Hong Kong To-day Rate of Exchange':

this Electrica lava boyers at 378 sel- London is TT 1/3,1/8

Shanghal 787

För Bettlement havel June, and 20th July, 10